Company Formation in Panama

Company Formation in Panama banner
Banner 1
0% tax
Banner 2
2-5 working days
Banner 3
from 1.000 €

Cost company formation in Panama

Popular
Basic Package

Turnkey company formation, Everything you need to get off the ground. Start now!

from 1.000 € Initial set up
no maintenance Maintenance per month
  • Turnkey Company Formation
  • Company contact person
  • Registered legal company address for 1 year
  • Remote incorporation
Medium Package

Full turnkey company formation. Most of our clients go for this standard package!

On request Initial set up
  • Turnkey Company Formation
  • Company contact person
  • Registered legal company address for 1 year
  • Remote incorporation
  • Notary Services
  • Company Secretary
  • Nominee Shareholder
  • Nominee director
Full Package

Full turnkey company formation and support in all necessary aspects. Customized pricing for services you require!

On request Initial set up
  • Turnkey Company Formation
  • Company contact person
  • Registered legal company address for 1 year
  • Remote incorporation
  • Notary Services
  • Company Secretary
  • Nominee Shareholder
  • Nominee director
  • Accounting for 1 year
  • Long-term POA
  • Apostilled set of documents
  • Additional legal support
  • Corporate Account

Incorporation Assistance in Panama - Free Consultation

Kirill Gussev photo
Kirill Gussev Corporate Service Professional

How to start

Step icon
1. Choose a jurisdiction
Step icon
2. Pick a bank
Step icon
3. Pay for the service using a suitable method
Step icon
4. Receive credentials of your new legal entity
Step icon
5. Get credentials of your opened bank account
Step icon
6. Receive a package with documents delivered to you

Top 5 Advantages of company registration in Panama

  1. 0% taxation for offshore companies
  2. No need for residency
  3. No necessity to provide annual reports
  4. Panama doesn't share tax information
  5. Share capital doesn't need to be deposit

Roadmap to company formation in Panama

How long does it take to register a Company in Panama?

  • 2-5 working days
  • Can be done remotely in 1 week

What are the steps to register a company in Panama?

The registration process of a company in Company Formation in Panama is very simple. The experts of LegalBison will assist you throughout every step of it:
  1. Initial consultation and agreement
  2. Payment of the full invoice
  3. [IF REMOTELY]: Notarization of POA by client
  4. Preparation of registration documents
  5. Document signed at the notary
  6. Official register validity: immediately

Taxes in Panama

How high are the corporate income tax in Panama?

Non-resident companies are not taxed in Panama. Only the profits generated on the soil of Panama are liable to taxation. Which means an international business company (IBC) will go tax free.

What Double-tax treaties has Panama?

Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion. Barbados, Czech Republic, France, Ireland, Israel, Italy, Luxembourg, Mexico, Netherlands, Portugal, Singapore, South Korea, Spain, United Arab Emirates, United Kingdom, Vietnam Status: end of 2020

Decide first

  1. Do you want to buy a ready-made company or start a new one?
  2. Do you want your name to be hidden in the registry?
  3. Does Panama tax treaties include countries you are doing business with?

Documents to provide for company registration in Panama

  • Passport copies (a scan) of all individuals above, also beneficiary owner if applicable
  • A Power of Attorney (in case of a remote company registration)
  • Certified company documents (in case at least one of the shareholders is going to be a foreign company)

Information needed to get company registration in Panama

  • 3 options of your desired name for the company and a company contact email address
  • Names, addresses and emails of all shareholders and board members
  • Short description of your companies’ activity

Remote incorporation in Panama

  • The whole incorporation process can be conducted remotely. No travel necessary. Notarization of documents is necessary
  • A Power of Attorney (POA) from (all) partners/shareholders is needed
  • The POA is sent to you by us based on the services you want
  • You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization)
  • Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address
  • Panama is part of the Hague Convention of the Apostille

Accounting and auditing in Panama

  • Companies in Panama do not have to file annual accounts nor to be audited
  • Accounts can be held outside of Panama

Residential requirements in Panama

What are the residential requirements in Panama?

  • No need for actual residency in Panama. A registered address suffice to register a company
LegalBison offers help with all of the above requirements. We assist and are local on ground. Speak now for free with one of our consultants to get your business started.

FAQs about company registration in Panama

Is there a minimum share capital to deposit for a Panama company?
What are good alternatives to a company in Panama?
Is Panama considered a tax haven?
Is Panama good for business?

Alternative to Company Formation in Panama

Logo
Company Formation in the Czech Republic image
Company in Czech Republic from 3.000 €
  • Very low tax
  • Foreigner friendly
  • Everything remote
More info
Logo
Forex License in Vanuatu image
Forex License in Vanuatu on request
  • 0% tax
  • Perfect to begin with
  • Easy process
More info
Logo
Company Formation in Hong Kong image
Company in Hong Kong from 750 €
  • Ideal offshore jurisdiction
  • Advantageous taxation
  • Fast and cheap process
More info
Logo
Company Formation in Hungary image
Company in Hungary from 2.000 €
  • Lowest tax rate in the EU
  • Favorable for business
  • Simple and fast
More info
Logo
Company Formation in Lithuania image
Company in Lithuania from 1.290 €
  • Very business friendly
  • Competitive tax rates
  • A growing EU economy
More info
We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By staying on our website, you consent to our use of cookies and our privacy policy. Visit our privacy policy for more info.