Articles from June, 2009

Tax considerations regarding Panamanian Corporations

Monday, June 29th, 2009

The Panamanian Corporations (Stock companies) are currently one of the most used risk control tools in planning and executing international businesses, since they restrict the responsibility of their shareholders, as well as protect their privacy.

However, there is another aspect that has caused the Panamanian Corporations to occupy a prevailing role in the international businesses and it is the Panamanian Tax Legislation in force, which regulates the businesses that a Panamanian Corporation fulfills in foreign countries.