When planning in investing, the Panama Republic counts with an enormous amount of advantages. It is located at Central America and it has a population of 2.6 million inhabitants, which is distributed in 29,700 miles of territorial extension. In addition to its privileged geographical position, Panama offers some other benefits that make of Panama a tax heaven in our Continent.
Panamanian Corporations and Panamanian Private Interest Foundations can become an interesting maneuver in order protect your assets, minimize tax payment and extend your investments.
Years of Experience: The corporation legislation is due since 1927 and marine merchant law since 1928.
Currency: Panama does not have a central bank and the American Dollar is the legal currency in the Country.
Confidentiality: All communication between client and lawyer is protected by the laws of the republic that regulate the professional secret, which cannot be disclosed without explicit authorization of the client.
Flexibility in the corporative law: The Corporation Law data of 1927. It is a wide and generous legislation.
Easy and fast Yacht and Ships service: The Merchant Marine Law data of 1928 but in order to have it modernized concerning to registration and records it has been reformed in several occasions. In the present times the Panama offers flexible and affordable terms for vessel registration.
International Banking Center: Our republic counts with more than 130 banks, between which some of the most prestigious world can be counted, which turns it the greater Banking Center of the region.
Communications: Panama counts on a sophisticated and uninterrupted system of communications.
Years of Experience: The corporation legislation is due since 1927 and marine merchant law since 1928.