Constitute the core of our expertise since we specialize in the incorporation, operation, and management of companies. In addition, we specialize in private interest foundations, including the opening of bank accounts and fiduciary services, and any other matter related to the incorporation and lifetime of companies. Also, we offer legal services surrounding actions through shareholders’ agreements, mergers between companies and acquisitions.
In WILLIAMS & ASSOCIATES we are focused on developing and maintaining a close relationship with our clients to better understand their requirements, to offer them efficient legal advice that directly affects the strategies within the management of the company and execution of corporate activities.
There are various kinds of companies that can be constituted; however, the most popular is the offshore company. A Panamanian offshore company is exempt from taxes,from taxes if all transactions occur outside the country’s borders. For example, an entrepreneur who does business electronically , can offer his services and products in foreign countries; if the profits are received in the Panamanian offshore company, duly registered in Panama, these profits will not be subject to taxes in Panama.
The incorporation of a company in the Republic of Panama is a simple process, but ,legally, requires the assistance of a lawyer, also known as resident agent. A fully legal and operational corporation can be created within 5 business days or less, provided all required information has been received. Contact us for a list of all documents and fees required.
A Panamanian Private Interest Foundation is a single legal structure that is similar in design to that of a self-managed administrated trust; however, the Panamanian Private Interest foundation incorporates the benefits of a will, a trust, and a partnership into a single entity. Panamanian Foundations are also anonymous, which helps deter the possibility that creditors identify their holdings. Under Panamanian law, Private Interest Foundations are exempt from litigation and can keep assets in Panama and in other foreign jurisdictions. Many foreigners have foundations that own their residence and bank accounts in their home country and in Panama as well.
Usually, foundations can be created in less than five business days once all required documentation is received by us. Contact us for a list of all required documents and fees.
Today it is much easier to come to Panama, and we can help you through the process. Our new Business Relocation package to Panama helps you establish your current company in Panama with more facilities (you can also register a new company).
With the package you receive:
- A registered company.
- A bank account.
- Visa Panama.
- Work Permit.
- Customs services for the relocation of his family, property and pets.
