Establishing a Panama Financial Services Corporation
In Panama, you can establish your very own Financial Services Corporation. This corporation is going to be established and be essentially the same as any other SA Bearer Share corporation in Panama. But it will be different from other corporations because you will have a license to engage in financial activities in Panama.

Panama Corporation Formation
Panama Corporation Time Frame Panama Corporations can be formed in two to three days. Panama Corporations are filed with the public registry maintained by the government of the Republic of Panama. All corporations must be filed by a licensed Panama Attorney and needs a resident agent. At least two persons need to be involved and for this we use nominee directors. The directors can be corporations but in turn when you get to the ground floor corporation there will need to be the same two natural persons.

S corporation Taxes: Drawbacks and Disadvantages of the S Corp Option
In most situations, fortunately, an S corporation does not pay corporate income taxes. Rather, shareholders pay the taxes on their proportional shares of the S corporation's profits. An S corporation that used to be a C corporation, however, can pay tax on its income in three surprising situations. Savvy S corp shareholders, then, will want to watch out for these tax planning potholes.