Why Panama?

Panama is one of the easiest offshore country to incorporate. Offshore Privacy Ltd has assisted clients around the world in obtaining an International Business Corporation for personal or business reasons usually in as little as a week.

How simple is it?

Offshore Privacy Ltd has made it very simple. All we need is a photo copy of your ID, three choices for your company name and your intended business, unless it is to be used for asset protection only.

Other jurisdictions...

We can also offer you incorporation services in British Virgin Islands (BVI) and Belize with similar benefits. Panama however requires three directors or corporate bodies be listed but does allows "Bearer Shares" which means the shares can be held anonymously.

Panama Anonymous Corporation & Anonymous Banking:

Panama is a well known jurisdiction for creating an offshore company and for banking. Through our law firm in Panama that has been providing service for almost 23 years, we are able to offer our clients the ability to have a new Panama corporation formed and bank account opened without providing any of your personal information to the bank and governement of Panama.

How does it work?

• Our attorneys in Panama register the corporation in the name of your choice using their directors.
• Within 2-3 business days our attorneys open a corporate bank account for your corporation in their names.
• While the attorneys require a notarized passport and original utility bill, they will never release your information to the bank provided the account is used legally in accordance with the laws of the Republic of Panama. Taxes evasion is not illegal in Panama.
• The attorneys will send you an agreement to sign and return.
• Once the online banking information is received it is forward to you, the client, as well as the debit cards so you can directly operate these bank account.

Taxes

• Panama corporations are 100% tax-free on its activities outside of Panama
• An annual corporate franchise fee of $ 250.00 is charged to maintain the company in good standing.

Annual Fees

The annual fees of the company are $650. All fees are payable commencing the second year.

The nominee banking service incurrs an annual fee of $1000 or 1% of the annual revenue through the bank account, which ever is greater starting the second year.

Fees:

The Panama anonymous corporation with anonymous corporate bank account and nominee banker service is $4875 plus courier of $50-$100. The client of course pays any normal banking fees such as wiring fees, etc.