With this service we offer you the possibility to estabilish an IBC entity (International Business Company) in Panama. The IBC is a non-resident entity that holds bearer shares, may hold a current account in the jurisdiction where the entity was created or in other jurisdictions, such as : Panama, Belize, Nevis, Costa Rica, Bermuda, Antigua and Barbuda , British Virgin Islands, Bahamas, Turk and Caicos Islands.
Characteristics of the IBC entity :
No type of taxes for the benefits obtained with your IBC. A single annual fee of 1495 euros. Favorable laws to commercial and banking secrecy. Very flexible country when creating your company, foundation or bank account. Companies with the option of owning bearer or registered shares. Flexible legislation in the use of Trusts.
No restrictions on the flow of capital. No obligation to submit annual accounts. No auditing. They can operate anywhere in the world. If you do not want to pay taxes in Panama, just do business in Panama.= The acronyms you can name your company may be S.A., Inc., Corp, LLC, Ltd.
Important information :
Term of incorporation 15 days. Opening of bank account 15 days. Minimum authorized capital : 1 USD. Maximum authorized capital : USD 10,000. A minimum of 3 directors and 1 shareholder are required.
Necessary documents :
Copy of Passport ( Certified by a notary or public notary ). Copy of ID or Identity Card. ( Certified by a notary or public notary ). Copy of 1 Utility bill of less than 3 months. ( Electricity, water, gas, telephone or bank statement ). Reference Bank or bank certificate of less than 3 months. ( English language or certified translation ).