Languages: English, Spanish
Currency: Balboa, US Dollar
Time Zones: UTC - 5 hours
Tocumen Panama International Airport, is 10 miles away from Panama City centre.
Quick Facts
Why Panama?
- Quick incorporation
- High confidentiality
- No minimum capital
- 100% Foreign Ownership
- A minimum of only one Shareholder and one Director
- no Register of Sharelders
Requirements
- Bank Reference
- Proof of Residence
- Passport Copies
For corporate entities: Corporate documents
Bank Account
Our firm will assist you with opening of a bank account with a local or international bank of your choice.
NEWS
- November 16, Dubai: Emirates will invest Dh400 million to establish a flight training centre at the Dubai World Central development in Jebel Ali to train local pilots. (Gulf News).
- October 5, Ras Al Khaimah: The Ras Al Khaimah Tourism Investment and Development Authority (RAK TIDA) aims to double visitor numbers to the emirate in the next two years. (Hotelier Middle East).
- September 23, Ras Al Khaimah: RAK FTZ was ranked nr. 4 out of more than 115 international free zones in Middle East (Khaleej Times).
- September 20, Ras Al Khaimah: Ras Al Khaimah registered 800 new licences in the last eight months, a 31% increase over the same period last year, according to the RAK Investment Authority (Rakia).
- September 5, Dubai:
The UAE banks are well capitalised and banking sector in the country will remain on its road to recovery heading into next year (Khaleej Times).
- July 27, Dubai: Dubai International Financial Centre (DIFC) Authority, the firm running the emirate's tax-free business park, said that 64 companies joined the free zone in the first half of the year (Arabian Business).
- June 15, Dubai: Tax-free returns on property income are enticing an increasing number of Indian investors into Dubai's property market (India Infoline).
- May 20, Dubai: DMCC recently announced it had crossed the 3,000 mark in the number of companies that have registered in the free-zone. Since the beginning of 2011, DMCC grew at an average of over 100 companies a month (Gulf News).
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PANAMA
Panama is a well known and trusted jurisdiction which offers a non-discriminatory
low tax regime governed by the "territorial principle" under which only income arising in or derived from Panama itself is taxable in the jurisdiction. Its attraction
lies also in maximum level of secrecy and virtually no corporate disclosure
and administrative requirements. The corporate law is clear and stable and the tax regime fits the idea of foot-loose business.
Corporate laws allow for use of corporations and foundations and the bank secrecy is strict.
Limited offer:
Ready made Panama company with directors, Power of Attorney and active bank account incl. debet card.
Email us to order instantly at info@buycompanyonline.com
Freemont Group Corporate Website