Panama offshore company
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Panama non-resident corporations are primarily designed for use outside of Panama and may not carry on business in Panama. They are a popular choice because of their administrative ease, privacy features, tax exempt status and they are widely recognised by the worldwide financial community.
Non-resident corporation in Panama has a tax-free status, including exemption on all income tax, dividends, interest, rents, royalties, and capital gains from the sale of company shares.
In place of tax, there is a fixed annual government fee, as well as an annual registered agent fee.