What I should know about a company and its impact
on the reduction of taxes:
There are several reasons why a company is incorporated or becomes offshore, the first one is the Tax Reduction, due to the fact they formed an offshore company the rents received abroad are not taxable, which is a substantial savings between the 20 to 40% of profits.
Example: if you dedicate yourself to buy merchandise in Asia, United States, Colon Free Zone in Panama, or anywhere in the world, you can buy or check the container through a corporation or anonymous Panamanian company, this one itself will sell the container to your company or the one that receives the final merchandise whether you are in the United States, Venezuela, Colombia, Mexico anywhere in the world.
The main advantage of this operation is that the buying and selling of this container will not pay tax profits, as it was conducted through a Panamanian company, which exempts the payment of tax of such operation, always that the final destination of the merchandise is not Panama.
To resume the Panamanian company is going to buy the container and re invoice it to your company, which will relieve the tax profit of this last one.
This at the same time enables you to save large sums of money from taxes to your company in your country, which allows you to lower the products that you export and be more competitive in the marketplace.
There are other legal methods to minimize taxes (income taxes, withholding taxes) through re invoicing or offshore transfers. Our firm provides its clients the necessary structure to perform these operations, trough commercial accounts offshore type.
We provide comprehensive and continuous advice to our clients to ensure that their international transactions will be a complete success.
The formation of an Anonymous Company in Panama (Offshore Company) is the solution. The Anonymous Companies offer you protection and confidentiality to your goods.