Can a Panama company be a wholly owned subsidiary of a foreign company? :: Panama Offshore Legal Law Firm

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Can a Panama company be a wholly owned subsidiary of a foreign company?

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Yes a Panama company can be a subsidiary of a foreign company. In fact, there are no limits on the ownership of a Panama corporation. This strategy is not wise because it compromises your privacy rights under Panama law. Typically customers use the reverse strategy, making the onshore entity a subsidiary of the offshore company.
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