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) [
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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.
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TailorMade Prices
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HK$11,000
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- 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 lease 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.
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