Located in centre America and famous for the Canal that connects the Atlantic and the Pacific oceans, Panama is one of the most important offshore jurisdiction centre in America and the Caribbean, it is considered the second free zone commercial in the world after Hong Kong.

Why do I need to set up an offshore corporation or foundation in Panama?

If you do business in your country of residence and in other countries; you would have to remove the tax burden on your profits to grow, to be a solid company and to be consolidated in the market, the advantages of being offshore are:

• Have a favourable tax regime; you will not pay any taxes to the Panamanian government.

• Strict policies of anonymity: Top Secret banking and corporate banking.

• Political stability: The offshore jurisdictions are characterized by the economic and political stability.

• Good communication structure.

• Quick to incorporate: Panama is characterized by how quick it is to open societies and bank accounts.

• Anonymity and protection of property to unscrupulous claims.

• Reputation: The Panamanian courts have international prestige; you will have no problems opening bank accounts, payment gateways or virtual offices in the name of the company.

• The facility of re-exports and re-Billings, thanks to the commercial triangulations you could significantly reduce your taxes in your home country and be amongst the first in the market and with no competition.

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