Crypto Trading With A Corporation in Panama
By Joel Stott-Jess
How to trade your cryptocurrency with a corporation based in Panama. Set up abroad and take control of your future.
Everyone should take control of their life, health and financial futures. The last two years have shown us that depending on the status quo is not a viable strategy. Printing money, deficit spending, and restrictions on day to day life have eroded confidence in first world governments.
I talk about why more people should consider moving abroad for personal and. financial freedom in my las article. It’s not for everyone, but there are many people who stand to benefit substantially. In another article I discuss how a corporate and financial structure in Panama makes sense for many people looking to move abroad.
In this one I’ll go into more depth on how trading cryptocurrency within the Panamanian cstructure works.
When you choose one of our premium level packagers we set up your corporation, bank account, and two to four trading accounts. Those trading accounts are linked to your Panamanian corporate bank account. Options include FTX, Binance and more.
You fund your corporate trading via transfer from a wallet or another exchange. You have full control of the account. When you want to use fiat you convert to a USD stable, coin, then transfer to your corporate bank account.
The tax savings are substantial if you are a non-tax resident in your home country. There are no income taxes on income earned outside of Panama - including crypto earning. This means no capital gains or income taxes on the growth in your portfolio. Your annual gains are not taxed each year,
You can roll gains into more without losing to taxes every year. If you are an expat living outside Panama the tax is only 5% when you pay yourselves dividends via fiat currency. The whole process can be done remotely without visiting Panama. A lot of my clients are establishing residency in Nicaragua and the corporations in Panama. You can see more about that here.
But it doesn’t matter where you choose to reside. The structures benefit you no matter where you choose to live.
Your exchange account connects to the corporate bank account so you can convert to USD and transfer internationally. You’ll also get a bank card which you can withdraw funds from your bank account.
The packages including crypto trading and prices are as follows:
ADVANCED PACKAGE $6,000
Panama Corporation (fully operational and including government fees):
Articles of Incorporation in Spanish
Resignation letter of subscribers in Spanish
Share Certificate in Spanish
Corporate Documents
English translation of the Articles of Incorporation notarized (6pages)
Government-issued Certificate of Incorporation in Spanish
Translation of Government-issued Certificate of Incorporation
Government-issued Certificate of Good Standing in Spanish
Translation of Government-issued Certificate of Good Standing
Minute of Shareholders in English
Registry of Directors in English
Organizational Chart in English
Authorization Letter in English
Certificate of Incumbency in English
Corporate proof of address
Panama Corporate Bank Account (savings account):
Online banking setup
Mobile App setup
Mobile 2FA token setup
Company debit card (shipping not included)
Assistance for two (2) Corporate exchange account processes. (FTX,Binance, Bullionvault or others)
Complete management of the exchange account process.
PREMIUM PACKAGE $7,000
Panama Corporation (fully operational and including government fees):
Articles of Incorporation in Spanish
Resignation letter of subscribers in Spanish
Share Certificate in Spanish
Trading Documents
English translation of the Articles of Incorporation notarized (6pages)
Government-issued Certificate of Incorporation in Spanish
Translation of Government-issued Certificate of Incorporation
Government-issued Certificate of Good Standing in Spanish
Translation of Government-issued Certificate of Good Standing
Minute of Shareholders in English
Registry of Directors in English
Organizational Chart in English
Authorization Letter in English
Certificate of Incumbency in English
Corporate proof of address
Assistance for four (4) Corporate exchange account processes. (FTX,Binance, Bullionvault or others)
Complete management of the exchange account process.
Panama Corporate Bank Account (savings account):
Online banking setup
Mobile App setup
Mobile 2FA token setup
Company debit card
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As mentioned for all of these you don’t need to go to Panama. It can be done remotely with our team. It’s easy and saves time and money on the travel, accommodation, and related expense of having to go down in person.
In addition we look after all of your ongoing and compliance needs going forward. This includes accounting services, ongoing corporate compliance, and mail forwarding if you need it.
If you’re thinking of moving abroad and want to set up a low tax corp, reduce taxes, protect assets, trade Bitcoin, alt coins, and hold funds the Panamanian corporation is the choice. It’s inexpensive relative to the savings that can be generated, and it’s easy to set up and use. If you want to connect about this you can use the form below:
Your resources, your choices. I’d be happy to help if you chose so. For the Panama based corporations you can also email me at joel@thinksafec.com
Joel Stott-Jess
Cell / WhatsApp / Telegram: +505 8176 8624
Skype: joelstottjess
Facebook: The Central Investor
Instagram: thecentralinvestor
YouTube: The Central Investor
Joel Stott-Jess is a New York Times featured speaker, writer and real estate broker based in Central America.
Originally from Alberta, Canada he has been doing business in Central America since 2014. He runs the number one investment and lifestyle guide in Nicaragua - Life In Nica.
A serial entrepreneur, investor, and outdoor enthusiast he is an expert on the real estate and investment markets in the region.
