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Panama, The Republic of
PANAMA 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.
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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$260 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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Other Value Added Services:-
Order your company
NOW! or contact us
for any queries. If you have other requirements for the incorporation,
please let us know and our staff will try to solve it or find alternatives
for you.
You tell... we tailor.
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