Increasingly present in today's world cross-border business development trend, companies are often used to enhance the strength of transnational business, expanding business area. The offshore company incorporated in the enterprise to the world, to conduct international business, enhance its international image, reduce the tax burden on the shortcut, which has attracted many investors to choose the development model offshore company.
Republic of Panama (The Republic of Panama) Company Registration : off-shore business and financial transactions tax-free, easy registration and management is simple, since 1927 has been good since the Company Law.
Location :
Located in the Central American isthmus. East of Colombia, South Pacific Ocean, west of Costa Rica, north of the Caribbean Sea. Connecting Central and South America, the Panama Canal from the Atlantic and Pacific, south to north of communication; close to the equator, tropical climate; Population: about two hundred and sixty million people; official languages: English; Law: International Business Law.
Up advantages :
Most suitable for shipping, shipping companies registered to facilitate the procedures for ship registration and mortgage; privacy very high, protect personal information directors and shareholders; share transfer is easy and free up capital of stamp duty; can open a bank account in Hong Kong; do not have to submit annual accounts; without reporting profits and financial condition; no annual meeting of shareholders or the board of directors; do not need to declare the beneficiaries; if not in local business, any tax-free.
Shareholders, directors required :
A shareholder, three directors, a secretary, a president, a treasurer; shareholders and directors also served as secretary, president, treasurer (a total of at least 3), and above there is no nationality restrictions.
Registered Capital :
Minimum registered capital of USD (US $) 10,000.00 - (standard stock);; per share in U.S. dollars (US $) 100.00-a total of 100 shares, issued at least 2 shares; exceeding USD (US $) 10,000.00 share to be paid separately determined Indian tax.
Company registration documents :
Certificate of Incorporation (CI); Company Large steel and Articles of Association 3 (M & A); 1 the stock books of the Company; 1 Mei atom offset stamp (seal with a bank check); a metal stamp (Common seal); a statutory shareholders, directors, secretary and register of company meeting
Registered office and registered agent :
Panama Panama regulations requires that each company must have a registered office and a local registered agent, registered agent must be within the territory of Panama law firm or lawyer.
Annual maintenance :
Government to pay the annual registration fee of the company; confirm and update the registered information; issuing inspection certificates to ensure that the company legitimacy.
Our other services :
1, Certificate of Good Standing (existence proof)
2, Certificate of Incumbency (Director of Service Certificate)
PS: and other offshore up to the comparison:
Belize Belize |
Bermuda Bermuda |
Panama Panama |
Bahamas Bahamas |
|
Minimum number of shareholders |
A |
A |
A |
A |
Minimum number of directors |
A |
Two |
Three |
A |
Corporate directors permitted |
Allowed |
Not allowed |
Allowed |
Allowed |
Standard authorized share capital |
US $ 50,000.00 |
US $ 12,000.00 |
US $ 10,000.00 |
US $ 50,000.00 |
Allow companies to move volumes |
Allowed |
Allowed |
Allowed |
Can |
Taxation on offshore profit |
Zero |
Zero |
Zero |
Zero |
Add Chinese name |
Can |
Can not |
Can |
Can not |
Type of Company |
International Business Companies |
International Business Companies |
International Business Companies |
International Business Companies |
Is the British justice system |
Is |
Is |
Not |
Is |
Registered office |
Need |
Need |
Need |
Need |
Submit annual returns |
No |
Need |
No |
No |
Submit audited accounts |
No |
Need |
No |
No |
Global Bank Account |
Can |
Can |
Can |
Can |