For over seven decades, joint and single partnerships have been successfully and safely using the Panamanian Corporations. This is because of the advantages that Law 32 of 1927 offers, as follows:For over seven decades, joint and single partnerships have been successfully and safely using the Panamanian Corporations. This is because of the advantages that Law 32 of 1927 offers, as follows:

• The purpose is extensive, thus allowing any legal business.

• To subscribe the capital is not required, because there is no any relation between the authorized capital and the paid capital.

• With regard to the shares, a specific number of shareholders is not required, therefore one person can hold the whole of the shares thus being the owner of the corporation.

• Concerning the Tax Regime, the corporations will only be required to pay income tax for incomes arising form activities carried out within the territory of the Republic of Panama.

• Annual Tax: Panama charges US$ 250.00 as the only annual corporation cost, which must be annually paid.

For further information about the advantages of the Panamanian Corporations or to know about the requirements necessary to incorporate a corporation, do not hesitate to contact us visiting the window “Contact us” for a quick answer that may help you to make decisions related to any possible investment in the Republic of Panama by means of a corporation.