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Posted by on April 5, 2008, 7:00 am
Panama Corporation as Offshore Company
--------------------------------------
http://www.offshore-services.biz
Any person or company can own an offshore business corporation in Panama,
regardless of nationality or domicile. The beneficial owner must not be
registered with any government authorities, and nominee directors can be
appointed who would act as managers for your offshore corporation. There
will be no need to come personally to Panama in order to form an offshore
company.
Panama corporation offers many advantages in comparison with other
jurisdiction in terms of:
* the Panama Corporation Law;
* independency of the Republic of Panama,
* strictest secrecy and confidentiality laws,
* impossibility of peircing the corporate veil,
* full control by Shareholders over the company matters.
* Requirements to register Panamanian Corporation
* Internet order form for Panamanian Corporation
* Panama Company for US or EU Citizen
* More on Panama Company
* Steps to Establishing an Offshore Company in Panama
* Internet order form for Panamanian Corporation
https://www.offshore-services.biz/offshore-company-incorporation/
Panama Company for US or EU Citizen
-----------------------------------
Panama company can be especially useful vehicle for US citizens wishing
to achieve:
* great deal of legal tax savings, and not tax evasion,
* confidentiality by doing business,
* legal tax postponement until the expatriation or change of residence,
* investment opportunities not directly available to US based entities or
persons,
* protection against creditors,
* protection against all kinds of law suits,
* powerfull offshore asset protection.
Such strategies, explained on our pages, are part of our Thetaworld™
Knowledge. We do not recommend US citizens to incorporate offshore while
doing tax evasion. The offshore structure can be used in legal way,
while disclosing all the details of the structure to the IRS or your
local tax office. We do not want to let anyone remain open to an attack
by the government, state or IRS or other tax office. Even if one's
name is not disclosed in the public registry, that fact will weaken
one's defense. by employing legal structure, disclosable and reportable
structure, an US citizen will have nothing to hide and will have his
assets fully protected, with high interest rates and with great deal of
tax deferral, confidentiality, legal tax savings and asset protection.
Panama company can be of great advantage for EU citizens as well wishing
to achieve legal tax savings and deferment of income tax at the country
of residence. Such offshore structure is customized to the beneficiary,
depending of his country of residence and his current tax and financial
status.
There is no general rule for anyone on how to structure business affairs
in order to have them completely legal.
The real advantage lies in the power and ability to control the business
and having economic income without having taxable income, similarly to
politicians with power without ownership which control other people's
assets. More on Panama Company
The Panama offshore company doesn't need to pay any taxes on businesses
made outside of Panama and can own in corporation's name any assets,
shares, real estate or private property. The name of Panamanian
corporation can be followed by Corporation, Corp., Inc., S.A. (Anonymous
Society), AG, Aktiengesellschaft, A/S, Akseselskap aanguage. Basically
the suffix can be in any language indicating that type of the company
is a corporation.
Read more why is Panama the preferred offshore jurisdiction... Steps to
Establishing an Offshore Company in Panama
Panama has one of the most modern and flexible corporate laws in Latin
America and world. In order to form a corporation in Panama, the client
must furnish the following information:
* The name of the corporation. It may be in any language, but it must terminate
in a word or abbreviation indicating that it is a corporation.
* The objectives and purposes of the corporation.
* The amount of the authorized capital. Usually the authorized capital will
consist of US$10,000 divided into 100 shares of US$100 each. Shares may be
nominative or bearer shares.
* Duration of the corporation, usually perpetual.
* The full names and addresses of three or more directors and/or officers.
* The domicile of the corporation.
The time period usually involved in setting up a corporation is from 5
days to 7 days.
The fee for establishment of the corporationg including 3 nominee
directors and translation of all documents into English is US $1500 with
the annual maintenance fee of US $900.
Requirements for Panamanian Corporation
---------------------------------------
https://www.offshore-services.biz/offshore-company-incorporation/
To incorporate online the Panamanian Corporation, please complete all
bold fields in the below online form and provide any other additional
informations. Alternatively, you can use the PDF Online Order Form
for Panamanian Corporation for fax or written orders. Your Panamanian
Corporation will be formed within 3 business days and afterwards delivered
within 4 business days. In average, you will receive the company documents
within 7 business days.
Basic requirements and facts for our registration of Panamanian Corporation are
following:
* Panamanian Corporation must have one of the following suffixes: S.A., INC.,
CORP., CORPORATION, INCORPORATED, AG and ANY SUFFIX IN OTHER LANGUAGES
representing corporation;
* The duration of the Panamanian Corporation is perpetual;
* The minimal number of directors is (3);
* Directors can be other legal entities;
* We include for confidentiality purpose and whenever required the Power of
Attorney;
* The minimal number of officers is (3);
* Officers can be other legal entities;
* The standard number of authorized shares is 500;
* We register Panamanian Corporation with each share having value of USD 20;
* The standard currency for shares of Panamanian Corporation is USD;
* The Panamanian Corporation will be formed with Comon type of stock;
* Non par value shares can be issued optionally;
* The standard total capital or contribution at incorporation time is USD 10000;
* Shares can be issued to bearer for confidentiality;
* There is no requirement to have any shareholder of Panamanian Corporation;
* Auditor appointment for Panamanian Corporation is not required;
* Resident agent for Panamanian Corporation is required and provided by our
company;
We need to keep confidential details of the ordering party, name, contact
details, scan/copy of the ID or passport and some utility bill or other
evidence of residency (Know Your Clients or KYC)
* The documents of Panamanian Corporation are delivered within 4 days after the
formation;
* We incorporate Panamanian Corporation within (3) days, the total time to get
the documents at client's place being about (7) days;
https://www.offshore-services.biz/offshore-company-incorporation/
Thetaworld Corporation
https://www.offshore-services.biz/
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