Europe Emirates Group can help you start your business in Panama
Panama company formation comes with very few regulations. Once the proposed name has been approved and the Memorandum and Articles of Association provided, the company is established in five to seven working days. A variety of suffixes are available, depending upon company structure and Panama has zero language restrictions.
Three directors are required to form the corporation, and corporate directors are allowed with no residency requirements, plus one shareholder.
The shareholder has no requirement to disclose personal information and this does not have to be recorded. Finally, a notary is required to complete the paperwork and the company needs a Panama registered office.
There is no fee for the Articles of Incorporation translation but an annual fee for business renewal is applicable. Panama also offers a ready-made company option.
- Corporate and income tax-free business environment
- Zero requirement for financial statement filing
- High level of corporate confidentiality
- Zero requirement for corporate meetings
- Zero share restrictions
- Zero exchange controls
- Low business registration and maintenance fees