1. Panama Offshore Corporation

An offshore corporation is a capitalist corporation that, with capital equity divided in shares and based on the principle of public limited responsibility of the partners, it's committed to exploiting a mercantile industry.

In Panama, Law 32 of 1927 regulates corporations. It shows unique and favorable characteristics allowing foreigners and investors to conduct business through "off-shore" corporations, with security and privacy margins offered by very few jurisdictions.