COMPANY INCORPORATION IN PANAMA

Sign up

The Republic of Panama is considered to be a progressive offshore centre with the fastest growing economy in Central America and stable political system. Panama offers favourable business conditions for foreign investors. Our professional company offers Panama corporations, private foundations and trusts, which include all documents and services you need to start and successfully operate an offshore business. Panama has a developed infrastructure and a good investment climate. When opening an offshore company in Panama, you have several advantages, namely investors privacy and confidentiality, no financial reporting, and no license for some business areas.

OFFSHORE COMPANY REGISTRATION IN PANAMA- Prices

Basic

639
  • Company registration, including payment of fees
  • Legal address
  • Set of registration documents
  • Registered agent
  • Stamp of the company

Standard

1129
  • Company registration, including payment of fees
  • Legal address
  • Set of registration documents
  • Registered agent
  • Stamp of the company
  • Apostille of documents

Premium

1439
  • Company registration, including payment of fees
  • Legal address
  • Set of registration documents
  • Registered agent
  • Stamp of the company
  • Apostille of documents
  • Nominee Director (Qty 3)
  • Nominee Shareholder
  • The release of a general power of attorney

Premium+

1639
  • Company registration, including payment of fees
  • Legal address
  • Set of registration documents
  • Registered agent
  • Stamp of the company
  • Apostille of documents
  • Nominee Director (Qty 3)
  • Nominee Shareholder
  • The release of a general power of attorney
  • Opening a current account in Rietumu Banka
Request a free call back

Do you want to learn more or purchase this service?

We will contact you via phone or in messengers Whatsapp/ Viber shortly
Request a free call back
The earnings of a Panama company are fully tax exempt and there is no requirement to file annual financial statements if it does not derive Panama-source income. The standard authorized share capital is 10 000 USD. The government fee payable in Panama is 300 USD. There are no other additional fees. A Panama offshore company is required to have at least three directors and one shareholder. They can be both natural and legal persons, resident or non-resident.
According to the law, a Panama company is obliged to have a registered agent and a legal address in Panama. AFORTIS Group will assist you in setting up and running an offshore company
There are many advantages associated with Panama offshore companies like low incorporation fees, no authorized share capital, and relatively low maintenance charges. Under Panamanian tax law, commercial operations taking place outside Panama are considered offshore and are not taxable.

Also, the legislation of the jurisdiction guarantees data protection and confidentiality. The details of the Panama company’s beneficial owners, directors and shareholders are not part of the public record. Nominee services will shield real owners of the company from being publicly associated.

Thanks to the stable political situation in Panama, the country has created all the conditions for capitalization and attracting foreign investors.

How to register an offshore company in Panama?

1. Select the name of the company in Panama

The name of an offshore company in Panama should be unique and different from the registered companies. After few names of the corporation are provided, the Registrar checks in the Company Register for similar names. If there are none, you can start the incorporation of Panamanian company. The name can contain the following words: Inc., GmbH, SA, AG, Corporation, Incorporated, Societe Anonyme. Words like Insurance, Finance, Insurance, Bank, cannot be used in the name of the Panamanian company, except the cases where the company is going to obtain a license for a certain business activity.

2. Collect and prepare supporting documents for the Panama company registration

To register an offshore company in Panama, you must prepare and submit the following documents:

  • Passport (scan copy)
  • Proof of address (scan copy, confirming the place of residence, for example: stamp of registration, utility bill or a copy of a similar document)

3. Choose the corporate structure of the Panamanian offshore company

At this stage, you can choose to use a nominee service, or appoint the Director and a shareholder.
It is necessary to determine the amount of the share capital, the number of directors and shareholders.

4. Company registration in Panama

After collecting and preparing the documents necessary for registration of a Panama company, as well as after determining the structure of an offshore company, documents are submitted for registration in the Register of Enterprises of Panama. Registering of a Panama company takes up to two business days.

5. Apostilled set of incorporation documents of the Panama company
After registration of a Panamanian company, documents can be apostilled. Apostille on documents should be used in case the company’s documents will be used abroad, for example, to open a bank account in a foreign bank, open a Panamanian company representative office, register a vessel in the name of a Panamanian company or etc.

What you get

After opening the company in Panama, the incorporation documents are transferred to the client. The package includes:

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Minutes of the First Meeting
  • Consent to act as a Director
  • Resolution of issuing share certificate
  • Share Certificate
  • Registers of Directors and Shareholders
  • Nominee Agreement*
  • Resolution of issuing Power of Attorney*
  • Power of Attorney*
  • Declaration of Trust*

* Provided in case of using a nominee service

How to buy a Panama offshore company?

To get started faster, AFORTIS Group offers a list of ready-made shelf companies. The procedure for buying a ready-made company in Panama is different and takes several hours before the client receives the information about his new company and scans of incorporation documents. The client only needs to choose the name from the list of ready-made companies. Choose a ready-made offshore Panamanian company if you need a company registered several months or years ago.

Companies registered in Panama are often used for:

  • International trade operations
  • Vessel or ship owning company
  • Principal-agent relationship, for example using a Canadian or a Scottish partnership
  • Investment and deposits