Panama,
the Republic of - Offshore Jurisdiction
PANAMA, the Republic of,
is situated between Costa Rica and Colombia
at the coastlines on both the Pacific and Atlantic
Oceans. Panama was the first country to introduce
modern legislation permitting the creation of
offshore companies for tax planning purposes.
A standard Exempted Company is usually incorporated
with an authorised capital of USD10,000.00 Minimum
number of officers is THREE (the officers can
be the directors) [
MORE
backgrounds of The Republic of Panama]
Tailor-made a Panama company lets you:-
- No tax on exempted company
- Privacy of Shareholders &/or Directors
names
- No local Directors, local meetings or
annual returns
- Bearer shares are permitted
- May have a single shareholder
- Permitted to hold shares in other offshore
companies
- No requirement to hold an AGM
- No requirement for audited financial
statements.
TailorMade Prices
|
HK$11,000
|
- First year Panama Government License
fee and Registered Agent fee is
included. But mailing & IDD,
if applicable, are not included
above (Government fee is subject
to change as announced)
- Overseas customers please add
HK$600 for Incorporation Speedpost
charges & HK$300 for T/T bank
charges.
- Above plan includes certificate
of incorporation (government incorporation
fee included), printing of memorandum
of articles and association, share
certificate, registers of officers
and company chop.
- Formation services include the
preparation of documents for the
appointment of 3 director(s) &
registering 1-3 shareholder(s),
prepare first meeting etc. If there
are more than 3 directors/shareholders,
we may charge for the extras.
- Formation minimum requirements:
The company must have at least 3
directors and 1 shareholder. The
shareholder may be in bearer. [But
some banks may not accept bearer
shareholder to open corporate bank
account]
- Annual Maintenance Fee (as
from 2nd year):
Annual maintenance fee of HK$5,800
(subject to change as announced)
is due on June and December each
year (Companies incorporated in
first 6 months the year before are
due in June each year and those
in lower 6 months the year before
are due in December) The fee includes
Annual Government Fee, Registered
Agent Fee & Registered Office
of respective jurisdiction.
|
Other Value Added Services:-
Order
your company NOW!
You tell... we tailor.
Our aim is to provide a comprehensive service
to our clients in Hong Kong and offshore operations.
If you find above helpful, please free to contact
us.