Offshore Panama Corporations are created
using nominee directors in Panama, who execute the Articles
of incorporation in front of a Notary Public of Panama,
registered at the Public Registry office. Two individuals
or more, of any nationality even though not domiciled, adults,
not necesary present in the Republic of Panama, form the offshore
Panama corporation or Offshore company
in Panama.
Articles of Incorporation
Contents of Articles of Incorporation are prescribed by Article
2 of Law Number 32 of 1927, and may be summarized as follows:
 Name
of Offshore Corporation, not can be the same or similar to
another existing corporation
Name
and domicile of subscribers or incorporators of the Offshore
Panama Corporation.
General
purpose(s) for which the corporation is organized, i.e., commercial,
shipping, trading, tourism, etc., and which may be ample and
general.
Authorized
capital and par value of shares may be expressed in the currency
of any country.
Proposed
capital structure or authorized capital for the Offshore
Panama Corporation, including number, classes of
shares, whether with or without par value, whether bearer
or nominative (registered) shares, and if there are to be
shares of different classes, number of shares in each class,
designations and relative rights, preferences and limitations
thereof.
Number
of shares that each of the subscribers agrees to take.
Domicile
of the Offshore Panama corporation, which
may be in Panama or elsewhere, as well as name and domicile
of its Resident Agent in Panama who must be an attorney or
an attorney's firm.
Duration
of corporation which may be perpetual.
Full
names and addresses of at least three directors of the Offshore
Panama Corporation.
Any
other lawful clauses. It is usual practice to include full
names of the first officers of the corporation consisting
of at least a President, a Secretary and a Treasurer, as this
affords a considerable time saving.
Panama Legal Consultants
- Panama Law Firm -
For more information please contact us:
info@panamalegalconsultants.com
Tel: (507) 6714-9326
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