Panama Company Formation
Panama is located in Central America with unique position of having both the Atlantic and the Pacific coasts connected since 1914 through its famous Panama Canal.
The Panamanian economy has developed into one of the leading offshore centres. The service industry has grown into a powerhouse alongside the sectors which it serves. The Panama IBC offers a tax-free flexibility, combined with privacy and no tax reporting requirements.
Facts & Info about: Panama Company Formation
Panamanian Non-Resident Company
- Minimum Share Capital: One share
- Minimum Number of Shareholders: One
- Minimum Number of Directors: Three
- Bearer Shares Allowed: Yes
- Corporate Directors Permitted: Yes
- Company Secretary Required: Yes
- Shelf Companies Available: Yes
- Registered Office / Agent: Yes
- Local Directors: No
- Local Secretary: No
- Local Meetings: No
- Government Register of Directors: Yes
- Government Register of Shareholders: No
- Annual Return: No
- Submit Accounts: No
Annual License Fee: US$250 per year
One day