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Incorporation in 24-48 hours
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Panamanian Companies can be incorporated without regards to the nationality of its directors and shareholders.Incomes
generated by a Panamanian Corporation outside of the Panamanianterritory are tax exempted
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The authorized capital does not have to be paid in full or partially.
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There is no need to file any financial reports or tax returns with any government entity in the Republic of
Panama, provided that the company does not receive income from Panamanian source;
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Legal entities of any jurisdiction may act as directors, officers and shareholders of a Panamanian Corporation.
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There is no need to hold annual meetings of Directors or Shareholders.
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Directors and Shareholders may attend to the meetings personally, by proxy, by phone or by any other
electronic means.
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Three (3) directors are required, either natural persons or legal entities.
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The officers (President, Secretary and Treasurer) do not have to be directors and one person can occupy several
or all offices. Physical persons or legal entities can also be appointed as officers. Officers are not mandatory.
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Shares may be issued to the bearer or in nominative form. In any event, the name of the shareholder is not
required to be registered in the PanamanianPublic Registry, thus, ensuring total anonymity.
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A corporation can effectuate transactions
and have assets in any part of the world without the obligation of maintaining assets in the Republic of Panama.
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Panamanian Corporations are empowered
by law to conduct any lawful act.
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Absence of exchange control.
