A Panama offshore company is a type of business entity that is created in Panama and used for international business transactions. The company is not taxed on its profits, making it an attractive choice for businesses looking to reduce their tax liability. The company must file annual reports and maintain a registered office in Panama.
Pari passu is a Latin phrase meaning “equal footing” or “equal step”. It is used in a variety of contexts, including business, law, and politics. In business, it is often used to describe the relationship between two or more entities, such as partners or shareholders. In law, it is used to describe the principle of …
A physical person is a legal entity that is capable of holding legal rights and responsibilities. It is contrasted with an artificial person, which is a legal entity that is created by law and does not have the same rights and responsibilities as a natural person.
A Power of Attorney is a legal document that gives someone else the authority to act on your behalf. This can be in relation to financial matters, property transactions or other legal matters. The person you appoint as your attorney is known as your ‘Agent’. You can give your Agent broad powers to make decisions …
A primary share is a share that is issued by a company when it first becomes a public company. These shares are typically sold to institutional investors and are not available to the general public. The price of these shares is often set at a discount to the market price, which makes them an attractive …
A public limited company is a type of company that is limited by shares and offers its shares to the public. It is a company that is not private and does not have any restrictions on who can buy its shares. A public limited company can also be called a publicly traded company.
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