OffshoreLegal.org - Panama Offshore Legal Law Firm

Panama Offshore Banking, Offshore Company / Foundation Formation & Asset Protection Services
Panama Offshore Legal
Panama Corporation Search

Login Form




Lost Password?
No account yet? Register

Offshore Education

Offshore Company Formation Benefits in Panama Print E-mail

Why Register an Offshore Company in Panama?

There are several capable jurisdictions to choose from when considering incorporating an offshore company.  Choosing the correct jurisidiction to form your corporation depends on the factors that are important to you and your companies' financial goals.

Making an incorrect choice can mean having your hard earned assets completely wiped out so it is important to research the top offshore destinations and retain the services of a lawyer before making any final decisions on where to incorporate.

The IBC and Other Company Types -- Get a Real Company

Several offshore jurisdictions allow for the incorporation of a special company type (that may only be used offshore from that jurisdiction) called an IBC (International Business Company).  These IBC's have the limitation that it cannot be used in the country it was formed which says a great deal about the validity of these companies.  Who can respect a company that is not allowed to operate in the country it was formed !!

In Panama, the company you form is allowed to do business both onshore and offshore.  When you register a corporation in Panama you own a real company that is respected around the world.  In fact, here is a list of fortune 500 companies that have incorporated in Panama.  You may find this list shocking!

Panama Has Bearer Share Corporations

While it's true that legitimate numbered bank accounts are a thing of the past, Panama has the next best thing.  A Panama bearer share company is a standard Panama company but the shares are issued in bearer form which means the person who physically holds the shares is the owner of the corporation. 

One cannot tell the company is a bearer share company simply by looking at the public records which is great for the privacy conscious.  This bearer share company can own a bank account with a visa debit card.  The debit card can be issued with only the name of the bearer share corporation on it instead of an individual person's name. 

This combination (which happens to be our most popular offshore package) provides all of the same amenities as the old numbered bank accounts.  In fact, if you really think about it, this combination is even better than a numbered bank account because to the outside observer there is no way to determine that the money being sent or received is being done so anonymously.  The wires come and go in the corporate name which is only tied to a few pieces of paper called bearer shares.

Physical Security

Panama is not subject to earthquakes & tropical storms such as hurricanes as are many offshore jurisdictions in the Carribbean.  This is a great benefit for the Panama canal and the banks alike since uninturrupted access to your money is critical. 

This writer pers