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Corporate formation

Corporate formation

Our efforts do not end in providing specialized administrative services. For your convenience, we have included the formation of companies in the more recognized jurisdictions such as: Panama, British Virgin Islands (BVI), Bahamas, Belize, Cayman Islands, and Nevis, among others.

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  Panamá


Panama was the first country in the region to enact modern legislation that would allow the formation of "offshore" companies for purposes of asset protection and tax planning. The simplicity and flexibility provided by Law 32 of 1927, makes Panamanian corporations the most common form of business entity used for both local and foreign investors.

 

In addition to the formation of Panamanian corporations, we also advise on the establishment of private interest foundations pursuant to Panama law.

 

Salient Features

 

  • Full tax exemption over income obtained from foreign sources and operations carried out outside of Panama.
  • There is full freedom of capital movement.
  • The Articles of Incorporation and capital can be prepared and expressed in any language and currency.
  • A minimum capital is not required nor must it be paid at the time of incorporation.
  • There are no restrictions on the number of shareholders.
  • Directors and officers may be individuals and/or legal entities.
  • Accounting records can be kept anywhere in the world.
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 British Virgin Islands (BVI)


BVI corporations are one of the most traditional in the international market, due to their administrative simplicity.

 

Salient features:

 

  • Freedom to conduct business abroad.
  • Exempt from capital gains tax.
  • The meetings of the shareholders and directors can be held anywhere in the world.
  • Directors and officers may be individuals and/or legal entities.
  • Accounting records can be kept anywhere in the world.
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 Belize Corporations


The laws of Belize are a guarantee for commercial confidentiality. Therefore an International Business Corporation (IBC) in Belize is the ideal corporate vehicle for international financial transactions.

 

Salient Features

 

  • The formation process is easy and fast.
  • Flexibility in the language. The company can be formed in several languages together with an English translation.
  • An IBC can migrate within or outside the jurisdiction of Belize.
  • The meetings of the shareholders and directors can be held within or outside the jurisdiction of Belize.

 Bahamas Corporations


The Bahamas is one of the most developed financial centers, with more than 350 banks and management companies that are subsidiaries of many international firms. In addition to the formation of Panamanian corporations, we also advise on the establishment of private interest foundations pursuant to Panama law.

 

Salient features:

 

  • Only requires a minimum of one shareholder and one director.
  • The opening of bank accounts does not entail a complex process.
  • There is full freedom of capital movement.

 Cayman Islands Corporations


The Cayman Islands is a jurisdiction favorable for investment funds and financial services. It is one of the leading financial centers in the world, being the financial sector the main source of income of the country.

 

Salient Features

 

  • It allows migration of domicile.
  • Total exoneration of any form of local tax.
  • Most of the world's leading banks have a presence.
  • Provides a stable and secure environment for business.

 Nevis Corporations


The Nevis Business Corporation Ordinance, of 1984 and its amendments, offer many advantages allowing it to compete with other international business centers.

 

Salient features:

 

  • Any currency may be used for the issuance of shares.
  • There is no minimum capital.
  • Shareholders, directors and officers may be of any nationality.
  • Allows a single director.

 Delaware Corporations


Delaware LLCs have the best characteristics of partnerships and corporations as there are a great option for investors who want to formalize their businesses and gain credibility.

 

Salient Features

 

  • Exempt from the capital gains tax
  • The formation process is easy and fast.
  • There are no limitations on the ownership of other corporations.
  • There are no citizenship requirements.

 Hong Kong Corporations


Hong Kong is a jurisdiction that is considered one of the best financial centers in the world that is extremely attractive for investors and those seeking to establish a company in a multicultural city.

 

Salient features:

 

  • There is an effective legal system.
  • There is no minimum capital.
  • Full tax exemption over income obtained from foreign sources.

 Seychelles Corporations


International Business Companies (IBCs) are the most prevalent and versatile type of offshore entity available in Seychelles and are widely used in international business.

 

Salient Features

 

  • Flexibility in the language. The company can be formed in several languages together with an English or French translation.
  • There is no minimum capital.
  • Full tax exemption over income obtained from foreign sources and operations carried out outside of Seychelles.
  • Accounting records can be kept anywhere in the world.
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