1. Completely Tax Haven: no foreign source income tax, no capital gains tax, no interest income tax, no inheritance tax, etc.

• No tax reporting requirements.
• No income tax.
• No capital gains tax.
• No interest income tax
• No sales tax.
• No tax on issuance of corporate shares.
• No tax to shareholders.
• No stock sale or transfer tax.
• No capital stock tax.
• No property tax.
• No estate tax.
• No gift tax.
• No stamp tax.
• No succession tax.
• No inventory tax.

• Total confidentiality.
• Panama jurisdiction with corporation and private foundations are the second most popular jurisdiction to incorporate in the world, next to Hong Kong, but in this, the main factors why people are registering their domicile here, is just for business, Panama diversify its range of investment to estate planning and assets Protection.
• Panama does not impose any reporting requirements for non-resident Panamanian corporations.
• To disclose of the beneficial owners is not a requirement to access registration by the Public register.
• Companies doing business outside Panama are not required to file annual return/financial statements or to keep their books in Panama.
• Nominative or bearer shares can be issued, with or without par value
• There is no requirement issued share capital.
• Annual meeting of shareholders or directors is not a requirement.
• Directors and shareholders may be citizens of any nation of the world.
• Panama corporation or International Business Corporation in Panama allows doing business with foreign and Panamanian companies around the world and is permitted to own real estate in Panama.
• Directors no need to be shareholders.
• Corporations who are conducting business outside of Panama do not require a commercial license for offshore business activities.

Panama has an onshore system very attractive for the foreign investment, because our laws have been designed for giving legal security to the investment. As well as several areas that Panama looking for to consolidate itself as a hub in telecommunication, Air flight, e-commerce, exportation tax free, importation and re-exportation in free zones, real estate, insurance, franchises, retails, international trades and others.

One of the reasons people go offshore is, indeed, to protecting their assets, moving their assets into a legal inconspicuous entity which will protect them from attack by rash litigation, seizure from government, attack from an strangler spouse, in fact anything which may threaten your hard earned wealth.

Investment /International E-Commerce

Around the world there are a lot of companies that prefer to protect himself with offshore companies. In Europe and United States take place almost 4 of 5 claims in the world that is because a lot of companies are buying offshore companies. You can protect your assets in Panama, you will be sure of the foreign exchange because Panama's currency is the US dollar.

Technically speaking; in Panama if you receive profits from foreign source, you have no pay income tax.

For that reasons you can constitute a Panama incorporation and Panama's Private Interests Foundation, only for two thousand dollars you protect all you assets and invest to make more money, if you want more information, do not hesítate contact us.

The Private Interest Foundation is  another legal figure with resemblance to the Trust that gives attractive to our system, consist in asset protection without losing the control of the goods, it means  when you constitute a private interest foundation you constitute legal protection  of any legal action or measured to prevent directed to take control of these goods. People use Private Interest Foundation to protect goods and properties of corporation, just adjusting to the norms and do not decrease the net worth of the company.

International Business Corporation or Corporation (Sociedades Anonimas)

Our legislation about corporation are effective since 1927 and comes exactly from a model established in the State of Delaware; our corporation allows any person or company to constitute itself in our country and simultaneously to take refuge in our norms of territoriality, it means that the taxes is limited just income and the pay of annual payment of 250.00$, but its best details is you can incorporate so easy and you can make it keeping the privacy of the owners without lose control of the administration with the minimal intervention of the government in your finances.

Retire in Panama

Panama has greats plans of retirement for foreigners, every time our legislation offers incentives and exonerations of taxes to the pensioners and person older than 55 years old of any country of the world. Also if you add the paradises landscapes and availability to buy Real Estate to very low prices beside the capacity to invest, you'll conclude that Panama is the golden land for the golden age.

Offshore Bank Accounts

If you don't have one, probably you have joked around with it or perhaps you had heard about it referred from a John Grisham's book, he loves mentioning it.  It is not that kind of simple such as movies, however there is nothing immoral in it. For example you are a traveler you love vacation in the Caribbean, Costa Rica or Panama, you are managing with traveler checks, but you love spending time in Central America, because there is no restriction for spending more than three months, the logic movement, in deed would be open an account in there. Because you will return the next year and there is no withholding or any kind of saving taxes. While you are working in your country, your money in the Panama bank is enhancing with interest rate. That would only for diversification purposes. Despite it, some countries the income tax is applied to interest in foreign banks, fortunately private interest foundations is separate entity and there no income taxes.