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Hub You - Top 10 Reasons To Move Your Internet Business To Panama (While You Stay Home)
Where do you see yourself and your organization 1,5,10 years from now? What do you want to accomplish? What do you and your organization want to be known for? What do you do for a living? These are all very important questions that need to be answered both on a professional and personal level.People think differently about vision statements. Some people develop them and put them away. Never to be seen again. Some people display them prominently and base every decision on the vision statement. As Stephen Covey says” Always start with the end in mind.” People and organizations need to know where they want
Next thing you know, you've got problems: You discover the system doesn’t work as well as you’d hoped. You call Customer Service, but can’t seem to get the help you need. So, you decide to switch services. But to your dismay, you discover you’re going to lose a lot of money if you switch now because you’re locked into a contract.Frighteningly, this scenario is not uncommon. A lot of unsuspecting folks get into bad deals with less-than-ideal products… and then have to pay a fortune to switch.For this reason, it is essential that you only use services that let you “try it before you buy it.” This pr
9. Pay no income taxes in Panama. A non-resident Panamanian International Business Corporation or Private Interest Foundation does not pay any kind of tax on any of its income or assets, and does not even have any reporting requirements to the Panamanian government.
8. No Panamanian requirement to collect sales taxes from your customers. (Yea!)
7. No capital gains tax, no tax on interest income, no stock sale or transfer tax, no property tax, and no gift tax.
6. Panama has the most stable government in Latin America, no army (it was abolished by constitutional amendment in 1994; security is provided by the U.S.) and 70 years of the same offshore corporation law. Panama is the registered domicile for nearly 500,000 corporations and foundations, making it the second most popular jurisdiction to incorporate in the world, following Hong Kong. It has the second-largest free trade zone in the world, again following Hong Kong, with almost 2,000 import/export businesses operating inside it and well over 250,000 visitors a year. Products can be imported, warehoused, and sent to customers in any country in the world without paying import or export duties.
There is no requirement for paid-in capital. Directors, officers and shareholders can be of any nationality and reside in any country. Meetings of directors, officers, and shareholders may be held in any country (travel and entertainment expenses are 100% deductible), and accounting books may be kept in any country. Corporations conducting business outside of Panama do not require a commerc
Why send video email? Why would you want to send video email when you can send an ordinary email, that is the question? What is the difference?When you send video email, you bring message to life by adding audio and visuals to your message which will make it much more effective than an ordinary email.You never get a second chance to make the first impression. In this fast-paced world you have to move ahead of your competitors. It is no longer big fish eat small fish, it is now fast fish eat slow fish!Your clients are always comparing services and you want to be seen using the latest cutting
8. No Panamanian requirement to collect sales taxes from your customers. (Yea!)
7. No capital gains tax, no tax on interest income, no stock sale or transfer tax, no property tax, and no gift tax.
6. Panama has the most stable government in Latin America, no army (it was abolished by constitutional amendment in 1994; security is provided by the U.S.) and 70 years of the same offshore corporation law. Panama is the registered domicile for nearly 500,000 corporations and foundations, making it the second most popular jurisdiction to incorporate in the world, following Hong Kong. It has the second-largest free trade zone in the world, again following Hong Kong, with almost 2,000 import/export businesses operating inside it and well over 250,000 visitors a year. Products can be imported, warehoused, and sent to customers in any country in the world without paying import or export duties.
There is no requirement for paid-in capital. Directors, officers and shareholders can be of any nationality and reside in any country. Meetings of directors, officers, and shareholders may be held in any country (travel and entertainment expenses are 100% deductible), and accounting books may be kept in any country. Corporations conducting business outside of Panama do not require a commer
Shopping is an experience for the senses: the colors, the textures, the lighting, but ultimately it is the act of shopping that people enjoy. The enjoyment a person gets from shopping comes from the emotions and release in endorphins that race thought a person’s bloodstream as they purchase that new sweater or flat screen television. It is not the purchase of a box of cereal or dish washing detergent that excites us; it is the purchase of those extra things, things that are by most standards luxuries, that causes us to experience a rush.On top of that desire for that shopping rush, marketers have been
6. Panama has the most stable government in Latin America, no army (it was abolished by constitutional amendment in 1994; security is provided by the U.S.) and 70 years of the same offshore corporation law. Panama is the registered domicile for nearly 500,000 corporations and foundations, making it the second most popular jurisdiction to incorporate in the world, following Hong Kong. It has the second-largest free trade zone in the world, again following Hong Kong, with almost 2,000 import/export businesses operating inside it and well over 250,000 visitors a year. Products can be imported, warehoused, and sent to customers in any country in the world without paying import or export duties.
There is no requirement for paid-in capital. Directors, officers and shareholders can be of any nationality and reside in any country. Meetings of directors, officers, and shareholders may be held in any country (travel and entertainment expenses are 100% deductible), and accounting books may be kept in any country. Corporations conducting business outside of Panama do not require a commer
Indian Stock Market occupied a top slot in 2006, together with an unexpected fluctuation with sudden rise and fall, but maintained the sensex mark. In 2006, the Bombay Stock Exchange crossed the 10,000 level mark. There were speculations amongst the bulls at the Dalal Street (Mumbai) that sensex might cross 14,000 marks, but unfortunately the year 2006 ended with the average 12,500 level. Fundamentally strong, the economy was the main key but raising inflation rate and high crude oil prices applied brakes on its acceleration.The Indian stock market raised to dizzy heights in a span of 194 days, from Octo
There is no requirement for paid-in capital. Directors, officers and shareholders can be of any nationality and reside in any country. Meetings of directors, officers, and shareholders may be held in any country (travel and entertainment expenses are 100% deductible), and accounting books may be kept in any country. Corporations conducting business outside of Panama do not require a commer
The U.S. federal Sarbanes-Oxley Act was created to protect investors by improving the accuracy and reliability of corporate disclosures. The act covers issues such as establishing a public company accounting oversight board, auditor independence, corporate responsibility and enhanced financial disclosure. The act came after a series of financial scandals, including those affecting Enron and WorldCom.Sarbanes-Oxley compliance may be difficult for your company to adhere to at first, but in the long run it can be beneficial for you and your employees. Sarbanes-Oxley compliance will make your company’s finan
There is no need to travel to Panama to establish a corporation or Private Interest Foundation, conduct any form of business, move funds around, or dissolve the entity.
5. But you will want to travel there! Panama is a beautiful country with world-class beaches on each ocean. If you like to sail, scuba or fish, it is paradise – and still a cheap place to retire. There is excellent medical care and a rich cultural life. Panama has the lowest crime rate in all of Central and South America.
The economy is generally regarded as one of the most stable, prosperous, and advanced in Latin America. Panama’s legal tender is the U.S. dollar, and there are no currency exchange controls or restrictions. Inflation has been under 2% for the last 40 years. During the Asian currency crisis, Panama was untouched.
Panama is a major node on the Global Crossing optical fiber backbone, so web pages load remarkably fast for Internet surfers around the world.
4. Bulletproof asset protection. Panama does not allow piercing the corporate veil. The Panama Private Interest Foundation is one of the most useful asset protection and estate planning vehicles available anywhere in the world. It allows for Private Protectorate Documents and Private Letters of Wishes, enabling the controllers (called Protectors) and beneficiaries of the Foundation to keep their transactions private and remain 100% anonymous.
3. Entirely avoid state and Federal estat
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