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Investment Services - Panama
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Come Discover Panama will guide you through the entire process of opening a new company in Panama. As an experienced company we compromise to offer you professional assistance and diverse options to make this process easier and avoid complications by doing it the right way from the first time.
Come Discover Panama offers the following services:
• Business and corporation startup
• Government licensing
• Business licensing
• Incorporation of a business and acquisition license
• Assistance with Panama’s labor laws
• Assistance with compliance of local business tax laws
• Business plans
• Financial analysis
• Budgeting
• Project management
• Human resources, hiring and recruitment
• Administrative services
• Contractor coordination
• Phone, fax and internet lines
• Utility services
• Local offices and conference rooms
• Mail and fax receiving
• Website hosting
• Email and virtual office services
• Accounting services
• Translations services (Spanish and English)
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Investing In Panama
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The Republic of Panama is perhaps the perfect place for anyone looking for substantial fiscal privacy and no taxes, commercial or private. Besides, it’s one of the only first –world city that’s safe, least expensive and has excellent affordable medical- care.
This is a haven to invest and is one of the many reasons why so many Americans and non Americans are investing in Panama. Industrialists, investors, business persons from various parts of the world are now waking up to panama. It is an exotic wonderland with openings for the bold businessman and even for those who might want to tuck away some of their savings into tax free possibilities.
Spend $50,000 or more building a small hotel in the hills of Boquete and enjoy tax benefits. Or put in a minimum of $50,000 in Panama’s interiors and enjoy:
• A 20 year exclusion period on all materials and trappings that you might have imported to begin
• your enterprise. Imagine this means also furniture and vehicles!
• 20 year immunity on taxes on all property for your business enterprise.
• Freedom from any tax imposed for the use of piers & airports.
• Rumination for real estate assets of 10 % per year.
So who wouldn’t want to think of investing in Panama?
Or want to consider a surf board shop and see how many rentals you’ll have in a day.
Or begin a business that attracts tourists and avail of a 15 year release on your income taxes. This means you do not have to pay any tax on your income for 15 years. After all, the government of Panama has set up a number of fetching and appealing, prospects in approved layouts/neighborhoods to invite overseas entrepreneurs so has become a ‘land rush. The law passed in 1994 (law no 8) allows this.
Tourism is on the rise and investment in Latin America and the Caribbean is encouraged by the Government. So investing in Panama is a sure catch. No wonder you find The Marriott, The Radisson, The Sheraton and so many more .They can’t have gone wrong; so why not be one of the many who think big and begin investing in Panama.
Also, with the Decree Law #9 of Aug. 27, 1997, the Government fashioned incentives for property developers in Panama City's Casco Viejo. For example, any income made from the sale or rental of your property is excused from all income tax for 10 years. 100% of the costs of the renovation can be removed from your income tax. Also, you don’t pay any duties on materials imported to complete any renovation. And there’s more in .
• Immunity of property taxes for 30 years.
• Immunity of transfer taxes-for assets costing $50,000 or above
So you’ve guessed why those buildings are pulled down or restored. It’s . Prized land is there to be tapped. Also remember with the opening of the Panama Canal and its operations they roll back their millions into their reserves. So you see you’re not living with a wrong economy. So begin investing in panama and you can’t go wrong.
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