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Panama      
 
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CORPORATE FEATURES

GENERAL  
Type of Company Non-resident
Political Stability Fair
Common or Civil Law Civil
Disclosure of Beneficial Owner No
Migration of Domicile Permitted Yes
Tax on Offshore Profits Nil
Language of Name Latin alphabet

CORPORATE REQUIREMENTS 		 
Minimum Number of Shareholders One
Minimum Number of Directors Three
Bearer Shares Allowed Yes
Corporate Directors Permitted Yes
Company Secretary Required Yes
Standard Authorized Share Capital US$ 10,000

LOCAL REQUIREMENTS 		 
Registered Office / Agent Yes
Company Secretary No
Local Directors No
Local Meetings No
Government Register of Directors Yes
Government Register of Shareholders No

ANNUAL REQUIREMENTS 		 
Annual Return No
Submit Accounts No

RECURRING GOVERNMENT COSTS 		 
Minimum Annual Tax / License Fee US$ 150
Annual Return Filing Fee N / A

 
© 2001
Excellent Consultants Ltd.

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