Accounting and Financial Services in Panama
Panama has been for over a century an international financial center, together with the fact that it is the country with the highest per capita growth in the entire region. The Republic of Panama is well known for its Panama Canal and tourism, however, a sustainable and steady real estate development, the largest banking center in the region, the use of the US dollar as only currency, among a broad diversity of maritime facilities such as Panama Ports, make Panama unquestionably the hub of the maritime and shipping industry with the largest flag registry under the guide of the Panama Maritime Authority, consolidating Panama as the largest vessel registration flag in the world.
Panama Company Registration (Law 32 of 1927) and the other qualifications we have pointed out are some of the most important reasons why substantial tax matters are addressed so efficiently in Panama. Panama has a friendly tax environment, ideal for tax incentives as it provides numerous tax treaties, low taxation, plus the Panama company formation with bearer shares, as one of its main attractions.
Panama Tax Optimization is both important for locals as well as foreigners who use
Panama Corporations as business vehicles, thus having the necessity to plan and organize with professional assistance all tax related issues at every aspect of their businesses. Gerli Wren & Co. has in-house accountants that are ready to assist you in all aspects of tax planning and accountancy services, irrespective of being a medium size firm or a large multinational company, in order to take advantage of any tax saving opportunity, thus minimizing tax liability and maximizing benefits in full compliance with the laws and legislation.
Other Services Provided:
- International Tax Services (Cyprus, Ukraine, Switzerland and the UK)
- Tax compliance advice
- Corporate Tax
- VAT Services and registration of foreign entities
- Private Client Tax Services, planning and auditing
- Estate Tax Planning and auditing
- Income Tax Planning and auditing
- Personal financial planning
- Panama Private Interest Foundations
