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Hong Kong Universal detail: Founded in Panama
Editor:admin  Date:2014-09-09  Browse:2553 Text Size Print


Introduction 
The Republic of Panama is located in the center of the American continent lies between the southern and northern Costa Rica and Colombia. It has a growing number of banks and insurance. There are restrictions on foreign investment or exchange control. Panama is one of the offshore financial centers in the world's oldest, has a strong professional infrastructure and good business secrets laws. As a historic tax-friendly investment and offshore financial services center, Panama also has a major ship registration in the world. 
Panama provisions of company law has made it possible to make Panamanian company preferred vehicle for foreign investors. The law sets the minimum reporting requirements, as well as simple and fast registration. The company's vehicles because of low government fees are cost-effective, it is not subject to exchange control or currency controls. If bearer shares are issued, they must be paid. 
Combined with demand 
Directors 
Requires a minimum of three directors, of which 0 must be residents. 
Directors of the Company is permitted. 
Meeting of directors is not required 
There is a public register of directors 
Other notes: no meeting place restrictions. Only after the merger a shareholder shall 
Secretary 
At least one secretary, who does not need the residents. 
Corporate secretary is allowed. 
Does not hold any professional qualification requirements for the secretary of 
Other considerations: 
Shareholders 
Shareholders need two lowest 
Corporate shareholders are allowed. 
No one registered public shares 
Bearer shares are permitted. 
No par value shares are permitted. 
Under normal circumstances, the authorized share capital of 100 million shares at $ 10,000 each. 
Miscellaneous 
In some places the ultimate beneficial shareholder or all nominees ownership stake has not been declared authorities. 
Registered agent is required. 
The annual rate of return is required. 
Registration fee: $ 1,100 
(Package fee includes government fees, local secretary fees, local agency fees, registered address fees, our service fee and after incorporation as follows: a) incorporation of B certificate) to form the original file, and in three) documents, the formation of five copies of the CPA accountants d) two chops and seal E) M & A's 
Open offshore bank accounts: $ 350 
Founded time: 1-2 weeks


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