Highlights of the Republic of Panama

• Excellent corporation law.
• No taxes levied on offshore and banking transactions.
• No exchange control regulations.
• Political and economic stability.
• Excellent worldwide communication facilities.
• Conveniently located close to the largest Latin American markets.
• Skilled personnel.

Uses of a Panamanian Corporation

• Holder of bank accounts, fixed deposits, investment plans and any other financial or commercial title.
• Owner of the shares of other companies or legal entities.
• Owner of apartments, houses, buildings, vessels and any other movable or immovable property or goods.
• Manager and promoter of international business transactions.
• International leasing of vehicles, machinery, vessels and others.
• Borrowing or lending money, paying or receiving commissions’, royalties or others.
• Marketing and promotion of products and services.
• Other commercial and financial activities.

Mossfon Requirements

• Appropriate character references and other due diligence documents, as required.
• Mossfon directors and officers could be appointed.