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Start your Panama business with assurance. Benefit from no-cost expert advice and a quick-track set-up procedure. Our team of experts is able to handle everything from choosing the best organization structure, to preparing your documents necessary for incorporation so that you can focus only on growing your business.
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from a reputable source. Get individualized advice on which Panama S.A. Corporation or S.R.L. (Panama LLC) is the best choice for your needs.
Get your company's documents electronically and get up and running quickly.
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Panama is one of the best options for international entrepreneurs. who want to grow with confidence and ease. Here are a few reasons why establishing a business in Panama makes sense:
Foreigners may establish and fully own Panamanian companies without having a local partner. Fast, Completely Remote Setup. Incorporation generally takes 3 to 5 business days or 24 hours with speedy processing.
Panama runs an ad-hoc tax system in which foreign-sourced income is tax-free with a 25-percentage rate that is only applicable to income from local sources.
Panama permits share bearers (under custody) and also uses nominee directors to ensure privacy.
The Strategic Global Trade Hub is home to Panama Canal and special zones such as Colon Free Zone and Panama Pacifico with tax incentives and global distribution effectiveness.
Businesses that are established in zones such as Panama Pacifico have access to tax reductions or no taxes and favourable labour regulations, and a superior infrastructure for logistics
Get help opening a business bank account with leading Panama banks- even as a non-resident. We guide you every step of the way.
Choose the right structure for your business needs and goals
| Type | Description |
|---|---|
| Sociedad Anonima (S.A.) - Corporation |
The most popular structure, which is ideal for international businesses, offers only a limited liability and allows transferability of shares. |
| S.R.L. (Panama LLC) |
Ideal for family or small companies; requires fewer formalities and gives solid legal security Private Interest Foundation |
| Private Investment Funds | Included are PIF-20 and PIF-50 rules to manage private investment for qualified investors. Not meant for the general public. |
Most non-residents prefer a Panama Corporation (Sociedad Anónima) for greater flexibility and easier name protection across Panama.
Basic Requirements for non-residents to establish a Panama business
| Director | Minimum of three directors (any nationality, non-resident allowed), plus company officers--President, Secretary, Treasurer (commonly the same persons) |
| Shareholder(s) | At minimum 1 shareholder (individual as well as corporate) Foreign ownership of up to 100% is permitted. |
| Registered Agent and Office: | Mandatory appointment of an Panamanian resident agent (law firm or lawyer licensed in Panama) and maintaining an address for fiscal registration in the country |
| Application for Company Name: | A unique name is reserved through the Public Registry (usually within 1-2 days) |
| Authorized Capital | Minimum requirement not mandatory typically USD 1 or 10,000 for bank or investor visa requirements. No upfront deposit required. |
We make business registration effortless with our streamlined process
Examine your needs for structure and suggest the best entity (S.A. as opposed to .S.R.L.).
Documents to be collected as well as full KYC forms.
The company is registered by submitting a public deed at the Public Registry.
Request your tax registration number RUC (Tax Identification) from DGI.
We can help you open the corporate bank account (local or Fintech) via the internet or in person.
10-14 business days
We'll assist you in choosing the most suitable business structure for your needs whether for international commerce local operations, local operation or protecting assets.
The ownership of a Panama company (S.A.) as well as an LLC (S.R.L.) will provide multiple residence and immigration options that you can and your entire family.
To qualify for Panama residency through business investment, a minimum investment of US$160,000 must be made in a Panamanian company that employs at least five Panamanian citizens. This program grants temporary residence for two years, which can be renewed. After completing two years under this residency, the applicant becomes eligible to apply for permanent residency. Furthermore, this path can serve as a foundation for acquiring Panamanian citizenship after maintaining five years of permanent residency in the country.
The Friendly Nations Visa program is open to citizens of 50+ approved countries, including the USA, Canada, UK, EU member states, and Australia. To qualify, applicants must either incorporate a company in Panama and establish economic ties, or secure employment with a Panamanian company—including their own. The initial residency granted typically lasts for three to six months, with a pathway to permanent residency (PR) available within 2 to 3 years, making it an attractive option for entrepreneurs, remote workers, and professionals from eligible countries.
Investors can obtain residency in Panama by participating in government-approved reforestation programs with a minimum investment of USD $100,000, which grants a 2-year temporary residency. Alternatively, individuals may invest USD $300,000 or more in Panamanian real estate, fixed-term bank deposits, or a combination of both to qualify directly for permanent residency, offering a flexible route for those looking to settle through investment.
The Multinational Headquarters (SEM) License in Panama is specifically designed for foreign companies seeking to establish a regional center in the country. It provides a permanent work permit for top executives and key personnel, along with a range of tax advantages and fast-tracked immigration processes for both employees and their family members, making it an ideal framework for multinational corporations expanding into Latin America.
Although we don't directly file immigration applications We do cooperate together with authorized Panamanian attorneys along with immigration experts to assist you in:
We assist entrepreneurs from outside the country gain access to Panama's top-of-the-line banking services essential for managing your company and complying with local requirements for compliance.
Preferred by high-volume businesses with physical operations in Panama. Includes major banks like:
Great ideal for international entrepreneurs as well as online companies.
All the important papers and procedures for you to officially establish and manage your Panama company.
Be 100% in compliance with Panamanian corporate rules to keep your business operating in good order.
| Requirement | Frequency | Responsible Agency |
|---|---|---|
| Annual Franchise Tax (US $300) | Yearly | Panamanian DGI & Public Registry |
| Accounting Records Maintenance | In-continued (5 years) | Internal (per Law 254) |
| Income tax filing (only when you earn Panamanian revenue) | Yearly (by May 31) | DGI (Direccion General de Ingresos) |
| Registered Agent & Address Renewal | Yearly | Public Registry |
| Update of Directors/Shareholders | If needed | Public Registry via Resident Agent |
We provide annually scheduled service plans to make it easier for all required forms and renews
Transparent, all-inclusive packages with no hidden fees. Select between federal or provincial incorporation.
All prices in USD. Additional Panama government fees may apply. Annual franchise tax applies after incorporation.
Everything you need to know about Panama company registration
Anyone can register their own company in Panama; it is an open country in the world. Panama allows 100% foreign ownership, with no need for local shareholders or directors.
The most common types are:
In most cases, no. You can register a company remotely through a licensed resident agent (lawyer or law firm). However, for banking and some investment visas, at least one director may need to travel for KYC verification.
Company formation typically takes 3 to 10 business days. However, setting up a corporate bank account or obtaining licenses may take a few additional weeks.
No. While you can specify any amount of authorized capital (commonly USD $10,000), no actual deposit is required during formation.
The main ongoing requirements are:
Yes, but Panama's banks require strict KYC/AML documentation. Some may ask for a personal visit. Alternatives include offshore or regional banks.
Panama uses a territorial tax system, meaning only income earned within Panama is taxable. Foreign-sourced income is tax-exempt, making it highly attractive for international entrepreneurs.
Get in touch with our experts to discuss your business needs
Our team of incorporation specialists is ready to help you navigate Panama business registration with confidence.