records containing names of owners. This in essence provides secrecy like the old SwissNumbered Bank Account in that ownership cannot be determined. Welcome to Panama.
Attorney Legal Services
The attorney may act as your legal representative and collect rents on an income property yourPanama Bearer Share Corporation owns to keep the ownership of the property concealed from thetenants and others. Panama bearer share corporations and foundations can be completed in 2-3business days after all the information is submitted.
Unique Tax Benefits of the Panama Corporation
One nice benefit is there is no tax imposed by Panama on any offshore-derived income and norequirement to file any tax returns for the corporation if all of the corporate income was offshorederived to Panama. You can have an office in Panama, have a telephone in Panama, have aPanama Bearer Share Corporation, and Panama bank account for the corporation yet still no needto pay taxes or file Panama tax returns if all the income is offshore to Panama. Your income cancome from payments made to you in Panama from entities not in Panama and no taxes due inPanama. For example if you decide to open a shoe store in Panama City then you would need topay taxes on this income since it would be derived from onshore to Panama. If you sell goods orservices to people who are not in Panama and they wired money to your Panama corporate bankaccount from outside of Panama this would be offshore-derived non-taxable income.
Panama Corporation Secrecy
Panama has no registry in which to record the names of owners of Panama Bearer ShareCorporations. There is also no registry to record transfer of the corporation share certificates. Tolegally transfer the ownership of the Panama Bearer Share Corporation one need only hand thenew owner the corporation share certificates. You could transfer corporate ownership three timesper day without reporting it anywhere under Panama law.
Panama Corporations and Real Estate
Anonymous Bearer Share Panama Corporations own assets or real property anywhere around theworld. To sell the property owned by the anonymous Panama Corporation one merely transfersthe shares of the corporation to the buyer or new owner. If you own the corporation shares, thenyou in fact do own the corporation and in turn everything the corporation owns you own. It is alsonormal to get a general power of attorney (POA) and sell the real estate using this document toestablish the fact that you have the control and ownership of the asset or real estate.Remember there is no required reportage of the transfer of the corporation shares in Panama. APanama Corporation (or Foundation) can anonymously own real estate anywhere in the world.One could readily transfer real estate or other assets to the Panama Corporation or Foundation inreturn for receiving an annuity. Your Panama Corporation could also make loans against realestate, autos, planes, boats, stocks, etc. thus stripping the equity or positive value in the propertyinsulating it from financial enemies.This could be accomplished with a line of credit secured by a mortgage or lien for the line of creditamount.
Panama Anonymous Bearer Share Company used for Trading Stocks, Forex, etc.
A Panama Corporation can lawfully invest anywhere in any sort of lawful investment vehicle.Panama has no capital gains taxation on any bank account or investment. We can assist you with