What works well for one company that chooses to establish an offshore organization in one country might not work as well for others. Thats why it is so important to hire experienced advisers who can help you make smart, informed decisions throughout the offshore company formation process.
Popular Offshore Company Formation Strategies
One of the most popular offshore company formation strategies is called an International Business Company or IBC for short. These organizations have capital stocks that are divided among shareholders. Panamas Law 32 of 1927 provides protection for foreign organizations that want to become offshore corporations in Panama.
Another popular formation strategy is the Limited Liability Company, or LLC. These companies are regulated by Panamas Law 24 of 1996 and Law 4 of 2009. This is a useful company formation strategy because it divides stocks among shareholders who are only responsible for their investment in the company. LLCs are also useful because they have rights that similar to those enjoyed by individuals. They are legal entities in themselves. This allows stockholders to make business deals and decisions in the name of the corporation so that they dont have to worry about negative repercussions affecting them personally.
Choosing Offshore Company Formation Strategies
Both of these offshore company formation strategies can offer advantages to companies around the world. The only way to determine which one suits your organization best is to talk to a group of experienced advisors that work in this field. Meridien International, for instance, work with many foreign companies that want to choose the best offshore company formation strategies for them. This will give your insight to the most useful practices and formation strategies available.
