PANAMA OUTSOURCING COMPANY
Molina & Co
legal services related to Corporate, Estate Planning, Trust and Foundations
Molina & Co is a law firm established in the Republic of Panama with professional business corporation and correspondents worldwide, which provides legal services related to Corporate, Estate Planning, Trust and Foundations as well and Immigration and Maritime Law
Our firm is well known for its practical, creative and cost-effective approach to legal and financial challenges. By developing a comprehensive understanding of the business, political and economic environment in which our clients operate, we are able to provide them highly skilled counseling in a practice involving a dynamic interaction between people, not an interface between institutions.
An available pool of well-qualified international and Panamanian professionals allows us to offer long-term working relationships with resident expertise, providing a hands-on, top quality, efficient yet discrete competitive services.
- Offshore Incorporation:
Panama does not impose taxes on any income or dividends generated by sources outside the country, even if the operations are handled from offices established in Panama. The corporation which does not carry out business in Panama, or which operates outside of Panama from an office located in Panama is not obliged to file an Income Tax Return form.
Panama has no exchange control nor currency restrictions. The Balboa is the legal currency which has the same value as the United States Dollar. The United States Dollar is also used as legal tender.
Panama does not impose any sanctions nor restrictions upon income accumulated by a corporation which does not carry out business in Panama, therefore, the payment of dividends may be delayed for an indefinite time.
Panama Corporations Law (Law No. 32 of 1927) is ample and flexible. No significant amendments had been made to this law since its adoption.
Panama has excellent facilities, air and maritime services.
- BVI Companies:
The organization and operations of International Business Companies in the British Virgin Islands (BVI Companies) is governed by the International Business Companies Ordinance No.8 of 1984 (the Ordinance) enacted by the Legislature of the British Virgin Islands. All information herein refers only to BVI Companies organized pursuant to said Ordinance.
The British Virgin Islands are increasingly becoming an attractive jurisdiction for the establishment of off-shore corporations. Among the many advantages are the ease and speed with which a company may be registered, flexible and modern regulations as contained in the Ordinance, and the absence of any taxation on the operations or income of such companies other than a yearly License Fee refereed to below.
- Shelf List:
Shelf Panama Company Package,includes:
Memorandum and articles of Incorporation, General Powe of Attorney, Transfer of Subscription Rights, Shares Certificates, Government Franchise Tax, Minu
Panama - , Panama/Panama
YEARS IN BUSINESS
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