Today, businesses do not require a brick and mortar location…
switzerland offshore company
“Tax inversion” is all over the news these days; it’ a term that describes tax benefits when a company moves from its home country to another nation with lower corporate tax rates and other benefits.
There are many reasons for large companies to have a presence off-shore, but the same reasons can apply to individuals, and creating an off-shore entity is easier and less expensive than you might imagine.
Your Off Shore Corporate Haven
Used as an asset protection or tax minimizing vehicle, a Panamanian based corporation offers many benefits to stakeholders, including that income earned, or assets owned, outside of Panama are not taxed in any fashion.
The favorable corporate laws of Panama allow for unique benefits to shareholders and directors.
Panama is one of the most popular places to incorporate, with over 500,00 registered corporations currently on file.
The country has two official currencies, the Balboa and the US Dollar; the Balboa was introduced in 1904 and has always traded 1:1 with the US dollar. They have always traded along side one another. There are no restrictions in moving currency in or out of the country. The bank you chose will be able to house your liquid negotiable assets in the currency you specify.
Panama is regarded as a tax haven, and the banking privacy laws are legendary. Not only is it a criminal offense for any bank employee to divulge account information, Panamanian judges will not issue court orders on tax issues.
You can take privacy a step further, by holding the bearer shares for your corporation not in your name, but registered only by number. You anonymity becomes inviolate.
It’s important that the country you chose for offshore banking and corporation formation has the proper communications infrastructure, free of interruptions, and that has the ability to handle your electronic transactions and inquiries, day or not. Panama is so equipped.
Asset Transfers to Heirs
Panama has no estate taxes.
The First Step
With an in-house staff of lawyers, accounts and support personnel, Create Offshore Company of Panama City is prepared to assist you in forming your corporation.
We have several different levels of service to provide you with exactly the amount of services you need.
At the minimum, we can assist you in forming your corporation and assist you with your nominee directors.
At the next level, we’ll help you form your corporation, assist with the nominees, open a bank account for you, and obtain debit and credit facilities for your corporation.
For individuals that require a more comprehensive presence, we can effect the services previously described, manage the introductions for a local brokerage account, and provide virtual office services for you, including mailing and telephone reception.
Should you not desire to go through the process of forming a new corporation, or find advantage in having a corporation with a history, we have a number of shelf corporations, previously formed, with clean histories, and existing bank accounts and relationships.