Getco Offshore Perspective
 
  Newsletter Issue #7:
©2005 getco-offshore Limited
WHY PANAMA?

Panama has excellent telecommunications, airline links and a sophisticated banking and financial system as well as being a major free port.

Panama has created a thriving service-based economy, and the Government has constructed a large suite of investment incentives and zones to attract local and international investors, making Panama an attractive and relatively simple place in which to base a holding or trading company.

Other key features are:
  • Zero taxation

  • Onshore presence

  • Bearer shares

  • Flexible company law

  • Political and economic stability

  • Flag of convenience for shipping

  • Bi-lingual system - Spanish and English

  • Civil Law system

  • Well developed legal infrastructure

  • No requirement for keeping or filing accounts

  • No exchange controls