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The Republic of Panama is located near Costa Rica and Colombia,linking North and South America. The Panama Canal, situated there, joins the Atlantic Ocean to the Pacific Ocean, making it a strategic location. 

Why establish an offshore company in Panama

With over four hundred-thousand companies on its register, Panama is one of the larger offshore centres worldwide. Strictly speaking, it should not properly be called a tax haven, as its tax regime applies equally to foreigners and locals. 70% of Panama’s GDP comes from financial and legal services.
The main features of this stable and globalised economy, of which you as an entrepreneur can benefit, are:
  • No taxation on income from outside Panama
  • Solid financial and legal facilities
  • Conservative banking with high reserve ratios (unlike Europe)
  • Great price performance ratio

Panama Company Formation key features
For those that are looking for a simple tax solution for e-commerce, import/export activities or a (temporary) job assignment in a foreign country, a Panama corporation is the easy answer.
You can benefit from the following characteristics when you set up a business in Panama:
  • A Panama Company can be formed within 48 hours.
  • Strategically located next to one of the busiest waterways in the world, the Panama canal.
  • Strictly territorial tax regime. Income outside of Panama is not taxed.
  • Banking confidentiality guaranteed by law

More information

In Permanent Residency Permit Panama the opportunities for living in Panama are discussed.
More details about the PF can be found in our Panama Foundation article that was published in our free monthly newsletter.

Do you wish to stay informed?

Thank you for your interest in Freemont Group, the specialists in company formation, asset protection and legal and advisory . Feel free to contact us with any inquiry you might have. We will provide you with a free initial consultation, and a customized solution for your personal situation.