Panama Offshore Company FAQs

1.How many shareholders are required to start an Offshore company in Panama?

The minimum requirement to start an offshore company in Panama is 1.

2.Is there any mandatory for Company Secretary for an Offshore Company in Panama?

Yes, there is a reporting requirement for an Anguilla IBC.

3.What is a Nominee Director?

A nominee director is an individual appointed by the board of a company to represent the interest of the appointer.

4.What is the standard currency of Panama?

The official currency of Panama is Balboa (PAB). 1 USD$ = PAB 1.00. However, US $ is the major currency in Panama.

5.What is the official language of Panama?

Spanish is the official language of Panama.

About Us

Business Setup Worldwide is a business consultancy firm specializing in providing expert guidance and support to establish offshore companies in Belize. Our experienced professionals offer tailor-made solutions that will cater to your business requirements. We provide services such as Company Incorporation, Tax Planning, and Ongoing Compliance Support for establishing and expanding your offshore business. By choosing Business Setup Worldwide you can trust that you will receive service delivered promptly and without any hassle.

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