What are the advantages of establishing Panama company

Panama is now an important business center and one of the important financial centers in the Americas. Therefore, there are certain advantages in registering Panamanian companies. Of course, in the early stage of registering Panama company, we should also know some common sense of registration.

 

The first is whether there are restrictions on nationality and number of registered Panamanian companies. Only two people of any nationality can set up a company. Although the chairman, secretary and treasurer are required to be three persons, one person can be divided into two positions. Therefore, in principle, the company can be established. Moreover, the establishment of Panama company does not need to arrive in Panama in person. As long as you appoint a registered agent, you can help you complete these things. Of course, another advantage of appointing an agent is that it can save part of the cost, because if I go to Panama to register the company, I am afraid of expensive costs in addition to being afraid of language barrier.

 

Of course, for Panamanian companies registered in Panama, the nature of the company is limited, and the company's information is confidential. And for many equity issues, although at least 500 shares are required, the shares issued are bearer shares with no par value. Of course, Chinese names can also be used to register Panamanian companies. Therefore, for the first time to register a foreign-funded company, registering Panamanian companies is a very good choice.