CDL LOUISVILLE JOBS

The articles of incorporation may be executed in any language, but must be translated into Spanish by a certified public translator. The public deed may contain both the original version and its Spanish translation.

The real parties in interest need not travel to Panama to carry out the process of incorporation.

1. Two persons domiciled in Panama may execute articles of incorporation before a Panamanian notary public in accordance with instructions received from parties abroad. As mentioned above, each incorporator must subscribe at least one share of the authorized capital. Once the articles of incorporation have been recorded in the Public Registry, the incorporators may then assign their rights to the real parties in interest, thereby turning over control of the corporation. Some of the main advantages and features of an Offshore Company are:
2. * Exemption from tax and stamp duty. * Confidentiality.
3. * Minimal government tax and filing fees.

* Flexible administrative features. * Expeditious incorporation procedure. * Both corporate entities and natural persons are permitted as and/or officers.

* Appointment of corporate and nominee shareholders.

* Reservation of company names can be arranged.

* Shares may be issued in bearer form.

Without doubt, the main method of making investment in Panama is by means of the creation of a subsidiary.