Offshore Companies
Gómez Giraldo & Asociados has a team of professionals with extensive experience in the incorporation of all types of offshore companies in the Republic of Panama, as well as in other jurisdictions such as the British Virgin Islands (BVI), Anguilla, Belize, Nevis, Hong Kong, Gibraltar, and New Zealand.
Among the common benefits of these jurisdictions is the exemption from taxes on income and assets located abroad. These jurisdictions adhere to a territorial tax regime.
Gómez Giraldo & Asociados can assist you in the incorporation of the necessary structures for the development of your businesses in Panama or abroad.
Panama Offshore Companies
For over eight decades, Panamanian Anonymous Societies have been successfully and securely utilized. This is due to the advantages provided by Law 32 of 1927, among which we can mention:
- Quick establishment with simple requirements.
- Broad scope of activities allowed, encompassing any lawful business.
- In most cases, no payment of subscribed capital is required.
- No specific number of shareholders is required for shares, allowing one person to own all shares and consequently the company.
- Regarding the tax regime, companies only pay income tax on income derived from activities conducted within the territory of the Republic of Panama.
- Flat fee: In the Republic of Panama, companies are charged a US$300.00 annual flat fee, the only cost they have after incorporation.
Private Interest Foundations in Panama
Since their introduction into the legal and corporate world in the mid-1990s, private interest foundations have become an increasingly utilized vehicle for asset protection in our country.
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At GÓMEZ GIRALDO & ASOCIADOS, we are committed to providing you with the best personalized legal advice. If you need assistance in any area of law or have any questions about our services, please do not hesitate to contact us.
