Of course there are many further advantages:

• Anonymity
• nominee services through lawyers
• highest level of privacy protection
• limited liability without any paid up capital requirement
• legal tax exemption
• no taxation on any kind of income
• no accounting requirements
• no reporting requirements
• no fees for accountants
• no auditing
• no requirements on profession or financial standing
• business can be conducted internationally
• and much more

• A minimum of THREE directors are required.
• Bearer shares are PERMITTED.
• Panama corporation formation normally takes 3 to 5 working days.
• Search name availability for your Panama corporation.
• Payment of first year's government fees.
• No documents to sign.
• Applicants appointed as company founding Directors.
• Applicant appointed as company Shareholder.
• Company Shareholder & Director appointed electronically.
• US$10,000.00 Authorised Share Capital.
• Preparation & filing of Memorandum & Articles of Association at Registry.
• Registered Agent & Registered Office fees for the first year.

The following documents will be delivered via TNT:

• Certificate of Incorporation.
• Printed bound copy of Memorandum & Articles of Association.
• Minutes of the First Meeting of the Board of Directors.
• Issuance of shares.
• Register of Shareholders.
• Register of Directors, Secretaries.
• Share Certificates.
• Renewal Fees (payable annually from the second year): Registered Address, Government fees.