Panama is an independent state of the Central American region and a well-known international business center.
It has no currency control and cash flow restrictions. The transactions can be carried out in any currency in this jurisdiction.
Jurisdiction is characterized by a strategically advantageous geographical location, stable political system, well-considered corporate and tax legislation, well-developed sector of legal services and control over the Panama Canal. The are thousands of officially registered vessels in Panama.
Panama is the offshore.