Limited Liability Companies are known by its abbreviation LTD or SRL or by the abbreviation LLC (Limited Liability Companies); they are associations of persons or companies for execute something in common. In this they differ from the anonym corporations.   Panama Limited Liability Companies are attractive, eliminate the risk that generates the individual activity of people, using an intermediary corporation where only respond to the limit of their participation.

The tax environment these companies allow, in the countries where are used, eliminate taxation of corporate profits of the company, leaving only which corresponds to its partners separately, according to their participation in corporation, thus eliminating a possible double taxation.

It is important to note that Panama Limited Liability Companies while they do not have local operations are exempt from payment of taxes by their operations upgrade or consume exclusively abroad.
The object may be broad, to allow the corporation to engage in any lawful activity without limitations.
The Offshore Limited Liability Companies (LLC) in Panama complement the offer of instruments that the Republic of Panama already has, such as the Offshore Corporations or Public Limited Corporations, Private Interest Foundations, Trust and Banking Operations.