Panama IBC, Information on how to form a Panama IBC with International Business Company Formation, Inc.

Company Formation in Panama

OVERVIEW
Panama, as a gateway to both North and South America, is a great location for offshore companies. The Panama corporation is a tax exempt entity, provided that the company income or profits are earned outside of Panama.

The only payment to Panama is in the form of a government tax based on authorized capital. The annual fees of $250 are for share capital no greater than $10,000.

PANAMANIAN FOUNDATION OF PRIVATE INTEREST:
Comparable to, and modeled after, the Liechenstein Foundation (Stiftung), this entity has been described as a hybrid between a trust and a corporation and has been successfully employed as an estate planning and asset protection tool. Prices for formation and management will be quoted upon request.

Service Fee:	US$400.00
Minimum Tax:	US$250.00
Registered Agent Fee (1st Year):	US$550.00
Registered Agent Fee (Annual):	US$550.00
Minimum Tax:	US$250.00
Note: Please see the note on Panama Directors below. IBCF can provide the three required Directors for a total fee of US$500.00 per year.

Recommended Reading:
See the excellent article by Ramon Anzola, Esq. - "THE USE OF FOUNDATIONS OF PRIVATE INTEREST IN OFFSHORE TRANSACTIONS: WHY SHOULD WE PREFER THEM OVER OFFSHORE COMPANIES AND TRUSTS" for a full discussion on creation, management and application.

LEGAL REQUIREMENTS:

Panama Corporate Name:	Panama allows almost any corporate indicator to be used and in any language including: Limited, Corporation, Incorporated, Societe Anonyme and Sociedad Anonima.
Panama Directors:	A minimum of three directors is required. The directors may be corporations or individuals and can be of any nationality or residency. The identification of the directors is a matter of public record.
Panama Stock:	Maximum allowed stock structure for minimum tax: authorized capital of $10,000 or less and all shares with par value. Both nominative and bearer shares may be issued.
Panama Registered Agent/Office:	In order to remain in good standing, the Panama corporation must maintain a registered agent/registered office in Panama.

QUICK NAVIGATION:

Available Jurisdictions:

Registered Agent Services:

Document Retrievals &
Company Profile Reports:

Internet & Business
Resources: