Panama jurisdiction

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Over 300,000 companies are registered in Panama, primarily focusing on international trade, offshore banking, and maritime operations. The jurisdiction offers compelling financial advantages, including unrestricted currency transfers, minimal exchange controls, and a taxation system that minimizes corporate financial burdens.

Panama

Why Panama jurisdiction?

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    Taxion

    Companies established in free zones in Panama receive comprehensive tax benefits, including income tax, property and services taxes (ITBMS), and other similar fiscal charges. The Industrial Development Law provides for extensive 15-year tax incentives for companies investing in local production of goods and services, covering income tax, property taxes, ITBMS and other related levies. This strategic tax policy is aimed at attracting investment, stimulating economic growth and creating a highly competitive business environment.

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    Share Capitals

    Panama offers offshore companies exceptional flexibility in capitalization, allowing diverse share types with no mandatory minimum investment. Non-resident corporations enjoy complete tax exemption on international activities, maintaining corporate status through a modest US$300 annual fee. The standard corporate capitalization is US$10,000.

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    Support Programs

    Panama supports entrepreneurship through targeted government programs like the Entrepreneurship and Competitiveness Program (PEC) and the Business Development Program (PROPYME). These initiatives provide entrepreneurs with crucial advice, training, and financing to launch and grow their businesses.

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    Market

    Situated on a narrow strip connecting North and South America, Panama is globally significant due to the Panama Canal, a crucial maritime passage linking the Atlantic and Pacific Oceans. The country’s strategic geographical position has transformed it into a vital international trade and financial hub.

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    Easy Process

    Panama offers exceptional flexibility for international entrepreneurs, allowing company incorporation and bank account opening without mandatory physical presence and providing unrestricted opportunities for directors, members, and shareholders of any nationality.

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Our team ensures your business setup is smooth, efficient, and compliant with local laws. Contact us today to discuss your project.

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