Sociedades de Responsabilidad Limitada (Panamian Limited Liability Companies)

The main advantages of S.deR.L. are:

1. Income tax of 15% for income obtained in Panama.
2. Income earned abroad is exempt from tax
3. The capital contribution can be in the form of property or services.

At the same time as the Limited Liability Company is being set up, Maltinti y Asociados offers advice on opening a bank account on Company name.

International Business Company

The International Business Company is one of the most appreciated instruments for the asset protection.

All assets on Company name (e.g. real estate, ships, aircraft, shares, property rights, image rights, etc.) form part of the Company’s assets, that are separated from the Shareholders’ assets, because the Company is a separate legal entity that owns the assets of the Company. So Shareholders and their creditors have no direct rights to the assets of the Company, and Company’s creditors cannot make claims against Shareholders.

Panamanian law favors Companies with provisions relating to:

• Anonymity
• Constitution and Managing
• Taxation

For more information click here.