Cheap Panama Company Set Up Because Intermediary Agent Fees Are Eliminated
Have you ever considered Panama's usefulness as a provider of global financial protection solutions for your asset protection needs? Unlike most other offshore company jurisdictions, Panama does not have a separate tax exempt company which is taxed differently from a regular domestic company. It works the same as with Hong Kong companies where foreign sourced income is tax-free but income earned domestically is taxed at normal rates.
The Panama company set up correctly can be useful in circumstances where financial institutions require a tax domiciled company. Also the company can be used as a basis for establishing one's own individual tax residency in Panama with no requirement to spend any time physically in the country each year. This is an indispensable solution to the problem posed by the OECD's Common Reporting Standard (CRS).
The individual tax residency is made possible by a visa which is known as the Friendly Nations Visa and it is available to the 40 nations with whom Panama has regular diplomatic relations. These may include the USA, Canada, many European countries, Australia, New Zealand, Japan, Hong Kong, South Korea, and Taiwan.
Lastly, the law firm can assist with banking options both in Panama (in conjunction with the friendly nations visa) as well as in many jurisdictions around the world.
We look forward to being of service to you and getting this Special Panama Company And Panama Foundation information package into your hands. We also encourage you to read this page and learn more about the benefits and features of a Panama company set up. < Click on the orange words. Then return to this page or the store to order.
Click here to learn more about what you get in the special pkg. and why you can be given a discount price on a Panama company formation or a Panama foundation set up.