Panama has always broken new ground

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likhon450@
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Joined: Sun Dec 22, 2024 3:57 pm

Panama has always broken new ground

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in developing e-commerce in the Latin American region. This began in uk business fax list August 2001, when Panama became the first country in the region to adopt a new law specific to electronic commerce. Both the public and private sectors in Panama have contributed to the enactment of this new legal code, with the Panamanian government also leading the way for accepting digital filings and signatures.


With that in mind, let's look at a few reasons why Panama is the perfect base for your offshore IBC formation: - Taxes The Republic of Panama is often labeled the "Grandmother of All Tax Havens" - and for good reasons. Panama, in contrast to other offshore regions, boasts of a territorial tax system that remains true to its roots in the fiscal code of 1916. The long-established concept of 'tax territoriality' means that only operations carried out within Panama are taxable.
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