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Offshore Companies in Panama

Panama stands out as an attractive option in the Americas for starting a business due to its favourable financial system and strategic location. The country offers significant tax advantages and a growing business environment. Foster Swiss is available to help entrepreneurs set up offshore companies in Panama and open offshore bank accounts, enabling them to reduce their taxes and optimise their finances.

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Create an offshore company in Panama

Panamá is one of the most important financial centers in America and the world. Thanks to its economic stability and remarkable tax system, many entrepreneurs and large investors have moved their projects there to reduce taxes. If you are considering creating an offshore company in Panamá, you have come to the right place. You can establish your company from anywhere in the world, without the need to travel to the country to complete the incorporation procedures. Additionally, a notable aspect is that Anonymous Societies in Panamá do not require paying any capital at the beginning or after the company’s formation.

PANAMÁ

Tax benefits in Panama

Surely you’ve heard from many friends and acquaintances about the advantages of paying taxes in Panama, now we’ll tell you why. Discover some of the most notable tax benefits of setting up an offshore company in Panama.

Favorable Tax Regime: Panama has an attractive tax system where income earned outside the country is exempt from taxes.

Competitive income tax rate: (25%)

Proposes incentives for multinationals.

Maximum privacy: the country’s laws provide extensive confidentiality for shareholders and entrepreneurs regarding their banking information.

Building a company in Panama

If you are specialised or want to open a new path in the cryptocurrency sector, in Panama it is really simple. As expert consultants in this field, we will advise you on how to make the most of Panamanian taxation.

Consultancy specialising in offshore company formation in Panama

When you are considering setting up a business in Panama, Foster Swiss is your valuable partner. Our specialised consulting experts are ready to provide you with the necessary support for the successful establishment of your business in this promising economic environment. Trust us to guide you to business success.

Consultancy specialising in offshore company formation in Panama

Taxation in Panama

One of the great advantages of Panama is the taxation based on the principle of territoriality, but, in addition to this remarkable benefit, taxes in Panama are truly attractive for investors and large businessmen: Income tax or corporate tax: 25%. Fixed annual corporate patent tax: between $300 and $400. Complementary tax: the tax applied is 10% on the difference between the undistributed net profits and 40%.

Company registration in Panama: simplify your incorporation process

We streamline the entire incorporation process so you don’t have to worry about company structuring.

Frequently asked questions on setting up offshore companies in Panama

Opening an offshore company in a tax haven like Luxembourg or starting a company incorporation process in Delaware can create important doubts, but you should not worry, at Foster Swiss we will help you During all the process:

What are the costs of incorporating a company in Panama?

Although they may vary depending on the type of company or the services included, generally, these are the expenses that will be applied:

Legal fees
Registration rights
Notary public
Publication in the official journal
Bank account opening

How does taxation in Panama work for offshore companies?

If you are wondering what the taxation process is in Panama, we will tell you. Mainly we could summarize it in three key points:

Fiscal territoriality.
Tax exemption.
Maximum privacy.

How can I obtain tax residency in Panama?

Although it does not belong to the OECD, to obtain tax residence in Panama a natural person must meet these two criteria:

Remain more than 183 days (consecutive or alternate) in Panamanian territory.
Acquire a permanent home in the country.

This case is very similar to the steps to follow when creating a company in Portugal.

What advisory services do you offer for setting up offshore companies in Panama?

At Foster Swiss we put at your disposal a team of financial and legal experts to advise you throughout the entire process of creating a company in Panama. From the initial structure of the company, to payment and management of the corresponding taxes in the country.

Request a free consultation to set up your company in Panama

Call us! We will be pleased to help you

Our team of more than 200 agents will be at your complete disposal 365 days a year. Consult us without any obligation and we will study your case in depth to offer you a really tight budget.