Panama Corporation (SA) Formation and First-Year Fees – USD 2,150.00 (All Included)
Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a Corporation in Panama, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees, and assignments such as the preparation of a certificate of incumbency, and the notarization of documents, which are generally required for opening bank accounts.
- All applicable Registration and Government Fees (Registro Publico)
- Preparing the Incorporation Deed and Articles of Incorporation (Spanish)
- Acting as the First Subscriber and executing the Incorporation Deed before Notary
- All applicable Notary Fees
- Filing the Incorporation’s Notarial Deed with the Commercial Register
- Preparing Subscriber’s Resolution for the Appointment of Directors and Resignation of Subscriber’s Rights
- Preparing the Company Bylaws
- Providing the Certificate of Juristic Person, and Company Extract issued by the Registro Publico
- Providing a Certified English Translation of the Corporate Documents
- Preparing the First Board Meeting Minutes for the allotment of Shares, the Appointment of Directors, Registered Agent and office, and other related matters
- Preparing the Share Register Book
- Preparing the Share Certificates
- Preparing and executing a Certificate of Incumbency
- Providing Registered Office Services, including business address, for one year
- Providing Registered Agent Services for one year
- Providing Notarized and Apostilled copies of the Corporate Documents
- Delivering Original, and Notarized and Apostilled copies of the Corporate Documents via Courier, inclusive of Courier fees
Time to form
It generally takes us 1-3 days to prepare the incorporation documents, executing them as a deed by the Notary, and file them with the Registro Publico (Registrar). Once the company is filed, it takes around 5 business days for the Registrar to process the incorporation and issue the stamped Public Deed and related documents.
Nominee Services (Optional)
Nominee Directors/Officers
All Panamanian Corporations are required to have at least 3 directors/officers (President, Treasurer, and Secretary). Officers’ details are available for public inspection in the public registry. Most clients opt to appoint from one to three Nominee Directors to fulfill the aforementioned positions.
- One Nominee Director (Natural Person) – USD 700.00 p.a.*
- Two Nominee Directors (Natural Persons) – USD 1,200.00 p.a.*
- Three Nominee Directors (Natural Persons) – USD 1,500.00 p.a., including Notarized and Apostilled Power of Attorney
*If the client wishes to appoint one or two Nominee Directors, we assume that a Notarized and Apostilled Power of Attorney shall not be required.
Nominee Shareholder
- Nominee Shareholder (Natural Person) – USD 800.00 p.a.
Bank Account Opening Services (Optional)
We assist you in opening a bank account in Panama.
Note that we can also open overseas bank accounts for Panama companies in the following offshore jurisdictions:
Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.
Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Panama Company Annual Fees – USD 1,600.00 (payable one year after incorporation, and annually thereafter)
- Annual Government Franchise Tax
- Maintaining Minute Book, Registers and Statutory Records
- Providing Registered Office Services, including business address, for one year
- Providing Registered Agent Services for one year
- Providing a Certificate of Good Standing
Other Services (Optional)
- Establishment and maintenance of Private Interest Foundations, and provision of Council Members (either Nominees or Executive Managers)
- Establishment of Financial Services Companies, and Private Funds (20-PF or 50-PF)
- Assistance with establishing Economic Substance in Panama (Physical Office, Employees, etc)
- Opening of Merchant Accounts for E-commerce businesses
- Obtaining Operations Notice (Aviso de Operación) for companies with a physical presence in Panama
- Registration with Municipal Authorities (Panama City, Colon) for companies with a physical presence in Panama
- Accounting and Tax Services. Note that tax filings are required for companies with a physical presence in Panama and/or carrying on certain business activities with residents
Please, contact us for further information.
Incorporate in Labuan (Malaysia)
1 × $4,300.00 
Incorporate in Singapore
1 × $550.00 
Incorporate in Anguilla
1 × $2,500.00 
Incorporate in Antigua and Barbuda
1 × $2,600.00 
Incorporate in Barbados
1 × $8,500.00 
Incorporate in Belize
1 × $1,750.00 
Incorporate in Bermuda
1 × $9,700.00 
Incorporate in British Virgin Islands
1 × $2,350.00 
Incorporate in Cayman Islands
1 × $3,550.00 
Incorporate in Curacao
1 × $4,800.00