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Incorporating in Panama By Panama Brokerage Incorporating in Panama offers you the following benefits: You can keep a business under direct control while maintaining complete confidentiality. No reporting requirements, Panama has a territorial tax system. The income earned offshore or from exempt sources is not taxable. There are no Citizenship or residency requirements or restrictions with respect to Owners, Directors and Officers of the company. Funds and accumulated offshore profits can be deposited or invested in any country in the world without becoming subject to taxation in Panama. No taxes on bank deposits, investmet or Forex accounts.

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Contributed by panamabrokerage on February 25, 2010, at 9:58 AM UTC.

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