{"id":537,"date":"2022-10-04T09:55:31","date_gmt":"2022-10-04T09:55:31","guid":{"rendered":"https:\/\/webfastsg.com\/offshore\/?post_type=encyclopedia&#038;p=537"},"modified":"2022-10-04T09:55:31","modified_gmt":"2022-10-04T09:55:31","slug":"panama","status":"publish","type":"encyclopedia","link":"https:\/\/webfastsg.com\/offshore\/encyclopedia\/panama\/","title":{"rendered":"Panama"},"content":{"rendered":"<p><span data-sheets-value='{\"1\":2,\"2\":\"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.\"}' data-sheets-userformat='{\"2\":769,\"3\":{\"1\":0},\"11\":4,\"12\":0}'>A Panama <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/offshore-company\/\" target=\"_self\" title=\"An offshore company is a business entity that is registered in a jurisdiction other than the one in which it operates. This can provide numerous advantages, including tax minimization and asset protection. It is important to note, however, that there are also potential risks associated with this type of arrangement, so careful planning is essential.\" class=\"encyclopedia\">offshore company<\/a> 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 <a href=\"https:\/\/webfastsg.com\/offshore\/encyclopedia\/registered-office\/\" target=\"_self\" title=\"The term &quot;registered office&quot; is used to describe the address of a company's principal place of business. This is where the company's official records are kept and where correspondence from shareholders and other interested parties is sent. The registered office must be registered with the relevant local authority in order to be valid.\" class=\"encyclopedia\">registered office<\/a> in Panama.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.<\/p>\n","protected":false},"author":3,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"encyclopedia-tag":[],"class_list":["post-537","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia\/537"}],"collection":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/media?parent=537"}],"wp:term":[{"taxonomy":"encyclopedia-tag","embeddable":true,"href":"https:\/\/webfastsg.com\/offshore\/wp-json\/wp\/v2\/encyclopedia-tag?post=537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}