FORMING CORPORATIONS IN PANAMA
Why form a corporation in Panama? There are several very important reasons. The use of corporations to form businesses and hold assets has long been in use in the USA and internationally. A corporation is a legal entity that offers the principal protection of limited liability to the stock-holders (owners) of the corporation’s assets. When it comes to taking title to real estate in the USA, we usually take title in our own name, in the name of a trust, or LLC (limited liability company). In Panama, it is common to take title to real estate in the name of your Panama corporation.
This is the term you have heard known as the “offshore,” or “foreign,” corporation. It is simply a corporation off the shores of the continental USA. It is the vehicle of choice for those seeking limited liability, protection of assets, privacy, and anonymity. For those acquiring real estate in Panama, it is the recommended manner in which to hold title to real property for the reasons just stated. A Panama corporation may be conveniently owned and operated by as few as one (1) person, or as many people as comprise one’s family members, partners, business associates, or another coropration, Trust, LLC, etc.
A Panamanian corporation is also the preferred entity in which to conduct your business in Panama, whatever it may be. Panama corporations are equally available to Panama nationals, and foreign (USA) investors, alike. You do not have to be a Panama citizen, or Visa-holder, in order to have a Panama corporation.
Panamerican Investment Services, Ltd. will facilitate the formation of your new Panama corporation, start a business, acquire real estate, open corporate (or personal) bank accounts, and apply for Resident (or other types) of Visas. Call us for a no-obligation initial consultation.
Home Page
Copyright © 2009
Panamerican Investments Services, Ltd.
All Rights Reserved
Printed from:
http://www.PanamericanInvestmentServices.com/print_corporations.htm