View Single Post
Old 10-19-2010, 04:05 PM  
Probono
Confirmed User
 
Probono's Avatar
 
Join Date: Oct 2002
Location: Under the Rainbow
Posts: 2,731
The Perfect Business Model

It has been four years and now I am ready to share something I know works. A corporation in Panama.

1. Easy to create, under $2,000 in legal and government fees.
2. Pays no income taxes to Panama on income earned outside of Panama. ( Does have about $500 in other fees)
3. Can have bearer shares, meaning the ownership is anonymous
4. Can have directors hired in country who are paid a small annual fee to have their name, not yours in the public registry.
5. Can have a US dollar based bank account in Panama
6. Even US citizens only pay taxes on income paid out to them from the corporation

Almost a perfect business model to pay reduced taxes, protect identity and do business internationally.

If you are interested I can connect you to a good, lawyer in Panama. I know several and I live here so i can help you make the connections in person if you wish.
Probono is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote