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ARTICLE · 07 APRIL 2016

A Guide To Panamanian Companies

This note is intended to provide introductory information about Panamanian companies, the types of companies available in Panama and some key advantages of using Panamanian companies.

PanamaWealth Management

Overview

The Republic of Panama is a well-recognised and popular jurisdiction for establishing companies to engage in all kinds of business activities throughout the world. Panamanian companies are commonly used for a variety of purposes such as, the acquisition of assets, holding of investments, the structuring of operations and as part of larger financial, tax planning and corporate international structures.

The Panamanian fiscal system is territorial, which means that it exempts from income tax the earnings obtained by Panamanian companies in relation to transactions carried out abroad. ,

Law 32 of February 26, 1927, as amended and popularly known as "The Corporations Law" (the "Law"). The Law covers the establishment, operation and regulation of Panamanian companies.

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