panama private society

General information about Panama

Political Stability Stable
British based legal system No
Type of company Non resident
Disclosure of beneficial owner No
Migration of domicile permitted Yes
Tax on offshore profits No
Non-English language names allowed Yes
Corporate requirements
Minimum number of shareholders one
Minimum number of directors Three
Corporate directors permitted yes
Company secretary required Yes
Standard authorised share capital US$10,000
Local requirements
Registered office/agent yes
Company secretary No
Local directors no
Local meetings Anywhere
Government register of directors yes
Government register of shareholders no
Annual requirements
Annual return no
Audited accounts no
Recurring government costs
Minimum annual tax/license fee US$300
Annual return filing fee no

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