This partnership is important to make a business from a company in Panama with the improvement of business abroad, is known in Panama as income from foreign sources, which does not produce any taxable income in Panama may engage in any activity within or outside national territory, provided that this is not contrary to law.

Constitute such companies need to appoint a board with three directors who can turn out to be nominal and the posts of chiefs within the board, on the other hand does not require subscription to the capital nor any sum of money to that company operates, must be specified only within the social compact of the same amount.

Constitution is necessary for the appearance of two people before a notary, who may act on behalf of the shareholders of the corporation as one of their flexibility to engage in commerce that is not required to be determined so the general public its shareholders and this is a commercially recognized internationally.

Ways in which the shares can be issued:

Shares: These are issued specifying the name of the owner.

Bearer shares: They are issued without indicating the name of action. The owner would therefore be the holder of it.

Shares with par value: Are those who have a default value before being sold. The value of this action is noted by those interested in the social compact.

Shares without par value: not indicated the amount of contribution and can be issued if the social contract is recorded in the number of shares without nominal value.