Easy registration Panama company
Panama companies registered overseas have advantages such as tax incentives, low-cost operations, rich natural resources, superior investment environment, stable political environment, superior strategic location and high-quality talents. These advantages will help companies achieve better development prospects in Panama.
Advantages of registering a company in Panama
Tax incentives
After Panama company registration, business activities and transactions outside Panama can be completely tax-free, which saves a lot of tax costs for companies. At the same time, Panama also provides reasonable registration fees and management fees, which reduces the operating costs of companies.
Political and Economic Stability
Panama has a stable political and economic environment, providing companies with a safe investment environment. At the same time, Panama has a sound regulatory system and a sound rule of law, providing companies with a good business environment.
Financial freedom and information confidentiality
Panama is a country with a high degree of financial freedom and information confidentiality, which provides convenience and protection for companies' operations in the financial field.
Broad market and business opportunities
As an important international trade center, Panama has a convenient sea and air transport network, which allows investors to easily enter the markets in Latin America and the Caribbean. In addition, Panama company registration can also provide investors with more business opportunities.
Modern infrastructure
Panama has made many advanced technological achievements in improving the socio-economic environment and becoming a business center. These modern infrastructures provide better operating conditions for enterprises, helping them to improve production efficiency and reduce costs.
Privacy protection and asset protection
Panama company registration provides high privacy protection and asset protection, which helps to protect the personal and financial information security of investors.
Information required to register a Panama company
Business description of Panama company registration
1
：Company name in English, suffixed with S.A./Corporation/Corp./Incorporated/Inc.;
2
：At least 3 directors and 1 shareholder, which can be individuals or corporate bodies;
3
：Personal ID card/passport + address proof, corporate body's business license needs to be certified;
4
：Individuals provide resume and contact information, corporate bodies need company introduction and board composition information;
5
：Company business scope;
6
：Standard registered capital: USD 10,000, no actual payment required;
7
：Each entity needs to provide a letter of recommendation (template provided by our company);
8
：The company registration application form and due diligence form (provided by our company) are signed by the director or authorized person.
Panama company related services
Tax filing service
Specific details may vary depending on the type, size and region of the company
Determine tax obligations
Even if a company is not operating, it needs to submit a tax return, and the tax bureau will assess whether the company needs to pay taxes based on the tax return. Panama adopts a territorial taxation method, that is, only the income and income generated by commercial economic activities in Panama are taxed.
Submit tax returns
Submit relevant tax returns in accordance with Panama's tax regulations. The specific forms and information that need to be submitted may vary depending on the company's business type and tax status.
Pay taxes
If the company needs to pay taxes, it needs to pay taxes according to the prescribed tax rates and deadlines. Companies doing business in Panama must pay 30% to 50% of their assessable income in taxes. For taxpayers with annual turnover exceeding US$1.5 million, the tax rate is 25%.
Comply with tax deadlines
Panama's tax year is generally from January 1 to December 31 each year. Taxpayers need to complete tax returns and payments within this period. If necessary, you can apply to the regulatory authorities for a special tax year.
Registration related fees
Company registration fee:
16800 RMB.
Address:
16500 RMB.
Processing cycle:15-25 days.
Service Deliverables
Business License
Articles of Association
Registration papers
Nominee director signature documents
Electronic signature DSC
Business Secretary Authorization File
Registered address announcement
First board meeting
Nominee director agreement
Company seal
Why choose us?
IngStart provides corporate formation and compliance SAAS
Perfect service system
IngStart fully meets the needs of customers and provides efficient, professional and reliable services. Select the company that needs to submit an annual report in your IngStart account and click Submit Annual Report Service.
Professional operation team
IngStart receives the annual report service you submitted, updates your annual report in real time, and notifies you when the report is completed.
