In the business world, Panama is very well known for a few things: shipping, banking, tourism, and real estate. But these days, it’s the tech industry that’s catching the attention of many investors and entrepreneurs. Businesses can operate with low overhead, access...
Panama Corporations
Top 10 Benefits of Starting a Business in Panama
Panama is a great place for foreign investment, and many people are deciding to either move their business there, or start a new one. If you’re still on the fence about whether or not Panama is the right fit for you, check out these reasons. Here are 10 of the...
Guide to Hiring in Panama: What you need to know about local employees
If you plan on moving your business offshore, or starting a new business in Panama, you’re going to need to hire local Panamanian employees. This is something that many foreign business owners need to consider, yet sometimes overlook, before moving/starting a business...
Don’t Worry, Panama is Still a Tax Haven
The end of 2013 created a panic in Panama amongst the expats and the wealthy citizens when Panama’s National Assembly passed a new law changing the income tax law making worldwide income subject to taxation as in the United States. However, it was deemed a mistake and...
New Restrictions of Panama Bearer Shares
In August of 2013 the National Assembly of Panama passed Law 47 adopting a system for custodial care of Panama bearer shares. Panama bearer shares are stock certificates issued by Panama corporations with no name of either an individual or a legal entity. Panama...
6 Steps to Create a Panama Corporation
Creating a Panama corporation is simple. Follow these 6 steps to create a Panama corporation online without the need to come to Panama. 1. Provide your personal information on our online corporation order form so we know who you are and how to contact you. 2. Choose...
Law 47 Passed: Panama Corporation Bearer Shares to be Restricted
On August 6, 2013, the National Assembly of Panama passed Law 47, which once it goes into effect two years from now, will require that everyone in possession of Panama corporation bearer shares to designate an authorized custodian to take possession of the bearer...