At INTERTRUST, we believe the best decision you can make regarding your offshore needs is an informed decision. We are pleased, therefore, to provide you with this section of our web site which is dedicated to information about Panama as an offshore center. If you have any questions, feel free to contact us.
Panama’s legislation and related regulations are structured in all cases to promote legitimate operations, with the added advantage of uncomplicated and expedient procedures and a tax policy based on the principle of territoriality.
There is a well-developed modern tax structure in Panama, applicable to earnings from operations within the national territory only. Other laws and related regulations are designed for the most part to attract local and foreign investments and to provide international services.
Therefore, Panama is a well-conceived and developed «offshore center» catering to the international community, from a strategic geographical location, for conducting legitimate business, expediently and free from local taxes on offshore operations.
The concept of an international offshore center implies an economic and juridical order, geared to promote manufacturing, commercial, financial and service activities in an expedient and simple manner. This order not only considers special tax legislation, but other legislation as well, including incentives and facilities to attract local and foreign investment in certain specific activities of interest.
One of these activities is providing the appropriate vehicles for conducting offshore operations and all interrelated services required. All this makes Panama one of the leading International Offshore Centers of the world.
Here are some features that make Panama an International Offshore Center for the promotion of legitimate business: