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Panama Foundations
PROTECTION WITHOUT TAX EVASION!
Panama is an ideal base of operations for international investors, entrepreneurs, and businessmen from around the world. Panamanian laws state that all income from outside the country will not be taxed; only local income is taxable. Dividends are not subject to income tax in the Republic of Panama.
Geography has always been important to Panama as well as political stability and an open economy. Communications, transport and construction are strong in Panama; and all business in Panama is done in U.S. dollars.
Most investors who enter the Panamanian market choose to open a corporation before beginning any business transactions: there are neither restrictions on flow of monetary transfers in and out of a Panamanian corporation nor any reporting requirements.
How to invest in Real Estate in Panama
We
offer legal advice to real estate investors who want to invest with absolute
security in Panamanian real estate. We specialize in investigating land
titles so as to make sure that your investment is free of liens, debts or
unpaid taxes. We want to make sure that your investment is secure, legal
and correctly titled.
We guarantee that your real estate purchase will be made according to Panamanian Law, and that purchase price is fair, as well as offering you legal advice as to how to best protect your real estate investment in case of possible civil or tax demands that you might incur in the future. Read more
Panamanian Corporations
A
Panamanian corporation is one of the most preferred corporations in the
world, because Panama has some of the most flexible and private incorporation
laws worldwide. Panamanian corporations are used as a way to protect assets,
as well as to minimize taxation on assets; in addition, Panamanian corporations
are very affordable and even more importantly, incorporation laws in Panama
are very private and confidential.
Another attractive aspect of Panamanian corporations is that they cover many different types of assets: real estate, bank accounts, trusts and foundations as well as international trade and confidential transactions such as the movement of funds to offshore accounts.
The original law that laid the basis for the creation of Panamanian corporations or IBC’s was promulgated in 1927; the law is named The General Corporation Law, Law 32 of February 1927. The banking secrecy laws of Panama were passed in July of 1970 when the banking system was opened up and foreign investors welcomed on a large scale. Read more Forex Accounts in Panama, offshore financial services, Foundations, Corporations, Investing in Panama, Private Interest Foundation, Moving Overseas, Protecting your assets, Panama, Living in Panama, Tax Havens, Offshore Investment, Panama Corporations, Panama Foundations, Living in Panama, Offshore Investment