Registration of companies & enterprises in Panama PDF Print E-mail

 

“Expert SM”, an international law & consulting company, assists in registration offshore companies in Panama.

Panama is located on the narrow strip of land that connects North and South America. There is an estimated population of 3.3 million people. Panama's key geographic position has been conducive to its specialization as a service country. The Panama Canal and the Colon Free Zone are at the forefront of this development. The official language is Spanish and its currency is the US Dollar legal tender, which circulates freely in Panama. Panamanian law is based on the Spanish Civil Code, although the company law has been taken from the corporation law of Delaware in the USA.

 

Highlights of Panama Companies:

 

• Name and Currency flexibility

• Bearer shares permitted

• Confidentiality on shareholders information

• Well developed professional infrastructure

• Neutral tax jurisdiction

• Regulated financial services industry

• Expedite redomiciliation services

• None exchange controls

 

General Information

 

Type of Company: Corporation

Companies Law: Company Law No. 32 1927

Minimum Director: Three

Minimum Shareholder: One

Bearer Shares Permitted: Yes

Corporate Shareholders: Yes

Corporate Directors: Yes

Minimum License Fee: $300

Disclosure of Ownership: No

Corporate Seal Required: No