How does the process of opening an Offshore company in Panama work?
The entire process unfolds in just 4 stages:
1. Analysis:
In this stage, we dedicate special attention to the client's needs. We begin by conducting a meeting to understand the current context of the contractor and explore available options.
Based on the client's profile, we analyze various strategies for the internationalization of their assets, always maintaining a firm commitment to compliance with local laws and considering the legal and tax aspects of the home country. This includes respect for the legislation in force at that time and potential implications.
2. Tax Planning:
In pursuit of tax optimization, we conduct an analysis to validate the available legal alternatives. In this phase, we define the model to be adopted among various financial centers and instruments available. Next, we validate costs and taxes to identify the country or territory that best suits the needs.
We present various possibilities and, based on our experience, estimate timelines and costs for project completion. To ensure a comprehensive and well-founded approach, we hold a multidisciplinary meeting with our team of lawyers, accountants, and product managers.
3. Implementation of the Structure:
After completing the tax planning stage and with parameters already defined, all fundamental documents for the implementation of the chosen model and the start of its construction are gathered in this phase. The entire process is designed to be carried out entirely remotely; however, if physical presence is necessary, we will be by your side until the conclusion of the structure.
4. Maintenance:
Once the structuring is completed, various factors must be put into practice, such as domicile, document custody, mandatory records, calculation of fees and taxes (although they are low, tax burdens are not necessarily nonexistent), payment processing, among other activities.
Pithon S.A will function as an extension of your company abroad and will take care of all bureaucratic and mandatory/necessary stages for its smooth operation, at a much lower cost than organizing and establishing an individual structure, as we share these fixed costs among all our clients.
