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Panama Company Formation

Panama is located in Central America with unique position of having both the Atlantic and the Pacific coasts connected since 1914 through its famous Panama Canal.

The Panamanian economy has developed into one of the leading offshore centres. The service industry has grown into a powerhouse alongside the sectors which it serves. The Panama IBC offers a tax-free flexibility, combined with privacy and no tax reporting requirements.

Incorporation Services

Formation of Limited Liability Company in Panama Company Formation

Package Includes:

  • Name approval and registration Company Incorporation Payment of all Government Registration Expenses
  • Rubber stamp

Package includes the following set of corporate documents:

  • Memorandum and Articles of Association
  • Certificate of Incorporation
  • Certificate of Director and Secretary
  • Certificate of Shareholders
  • Certificate of Registered Address
  • Appointment of First Directors Share
  • Certificate Company Corporate Register

Nominee Services

Appointment of Nominee Directors; please note that Panama companies require the appointment of at least three (3) directors.

Appointment of Nominee Shareholder(s).

Nominee (or Trustee) Shareholders will be holding the Company's shares for the benefit, and under the instructions, of the client(s).

Appointment of Company Secretary.

Provision of registered office address in Panama.

Additional Services

General Power of Attorney issued by the director for the benefit of the client(s), valid for 12 months.

A General Power of Attorney grants the client, or an agent of the client, with broad powers to represent, and act for, the Company before third parties, authorities and institutions.

Special Power of Attorney issued by the director for the benefit of the client(s), valid for 12 months.

A Special Power of Attorney, also known as Limited Power of Attorney, grants the client, or an agent of the client, with particular authority to represent, and act for, the Company for particular, specified, matter (i.e. such as for the opening of bank account in XXX Bank or for the execution of a particular agreement).

For receiving and forwarding correspondence, letters etc.

Certificate issued by the Company secretary verifying the Company’s current status.

A Certificate of Good Standing is a certificate issued by the Registrar that shows that the Company has met its' statutory obligations and that it is duly registered and validly existing.

Please refer to the Bank Account Opening section of this website.

Facts & Info about: Panama Company Formation

Panamanian Non-Resident Company

  • Minimum Share Capital: One share
  • Minimum Number of Shareholders: One
  • Minimum Number of Directors: Three
  • Bearer Shares Allowed: Yes
  • Corporate Directors Permitted: Yes
  • Company Secretary Required: Yes
  • Shelf Companies Available: Yes

  • Registered Office / Agent: Yes
  • Local Directors: No
  • Local Secretary: No
  • Local Meetings: No
  • Government Register of Directors: Yes
  • Government Register of Shareholders: No

  • Annual Return: No
  • Submit Accounts: No

Annual License Fee: US$250 per year

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