General information about Panama
| Details |
|
|---|
| General |
|
| 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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