Location: Middle America, between Columbia and Costa Rica Time: Moscow – 2 hours Area: 76 9000 sq. km. Population: 2 400 000 Capital: Panama City Language: Spanish, English
Currency: Balboa, 1 В = 1 USD Тype of company: Corporation, Limited Partnership, LLC Мinimum authourised share capital: not fixed, standard USD 10,000 Taxation: pays franchise tax Annual return and accounts: required Annual audit: required Owners: can be both individuals and corporate bodies Nominee services: available Need to travel: no Time to supply documents: 2-3 weeks Additional information: Hague Convention 1961 applies
Standart set of corporate documents includes: — Apostilled set — Notarial Certification — Original of Certificate of Incorporation — Original of Resolution of the subscriber / Appointment of first directors — Original of Memorandum and Articles of Association — Original of Tax Certificate (if needed) — 1 share certificate, copy of corporate documents — seal
Registration of companies abroad and opening of accounts in foreign banks
since 2005
