Practices
Offshore Business Solution
Panama offshore solution | Panama offshore solution |
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| Written by Administrator | |
| 2008-07-02 | |
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This section introduce Panama to Chinese individual or compay, for the purpose of taxt solution,benefit of banking and convenience of investing all over the world. Panama’s Corporate Law offers investors, national and foreign, a wide array of advantages, such as the secrecy and confidentiality of its shareholders and it is not necessary to have a physical office in Panama. Since Panama’s taxation system is based on the principle of territoriality foreign income tax reporting is not necessary. Recent political, economical and social changes in Latin America, and the World, has made necessary certain modifications is some of Panama’s juridical structures, in order to maintain competitiveness and increase our system’s attractiveness to investors worldwide. Additionally, Panama’s fiscal system does not tax foreign income; it is only applied to national generated revenue.
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| Last Updated ( 2008-07-29 ) |
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