PIF-Panama Features  
Incomes generated abroad Tax Free
Currency Restrictions None
Bank Secrecy Laws Strong
Minimum Person Required One
Paid-In Capital Not required
Minimum Registered Capital 10,000 US$
Annuity Franchise Government Tax Required
Record of Financial Books In any country
Standard currency US$ American Dollar
Commercial License for offshore activities Not required
Areas to Operate Nonprofit activities
Annual Records required for Government None
Permitted Nationality All