Set your business in Panama

An excellent Latin America and the Caribbean option for international trade.

Panama has become a popular destination for individuals seeking to protect their wealth through estate planning and asset protection.

Panama offers several advantages, including

Favorable tax system – Strong privacy laws – Stable economy.

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and prompt
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Managed from any place in the world
No paid-in capital required

Why Register a company with us?

Looking to Open a Company? We make incorporating a company as easy as possible, so you can focus on the important things.

We have a full suite of startup services, like banking, bookkeeping and tax planning consultancy, which means Eurofinanzza not only helps you get started, but supports you in your continued success as your one-stop shop. Start your Company set up today!

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Tell us about your

We’ve taken the complexity out of forming your business company. Our online form can be completed in less than 10 minutes.

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We take care of the

Based on the information you provide, we prepare all required documents and file them directly to the appropriate entity.

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Receive your

Once your incorporation documents have been approved by the state, you’ll receive your completed company package by email.

Some Banking Options
abc banking mauritius
pacific private bank vanuatu
hsbc uk
capital security bank cook islands
bank of cyprus
dbs singapore

How to Register Company in Panama?

For over 80 years the Panamanian Corporation (“Sociedades Anónimas”) have been recognized, worldwide, as a corporate vehicle that can be successfully used in a variety of International Business, Asset Protection, Estate Planning Structures, among others.
Incorporating an IBC company in Panama

International investors, financiers and businessmen find Panama an ideal foreign base country for world-wide operations and transactions. Panama taxes according to the territoriality principle (that is, it does not tax foreign-source income), only the income produced locally is taxable, disregarding the citizenship of the taxpayer. Dividends are not included as income subject to income tax.

Due to its structure, geographical position, political stability and characteristics of its economy, Panama has become one of the most important tax havens of the Western Hemisphere. It has excellent international transportation and communication systems; the United States Dollar has been a currency of legal tender for more than ninety years. Reason why set up a company in Panama is an excellent option.

Panama has taken several steps to modernise its economy and promote foreign investment. Most Panamanian and foreign investors choose to form Corporations. There are no exchange controls, currency restrictions or reporting requirements, and Panama imposes no limits on monetary transfers to and from the country.

Why registering your business company in Panama?
Incorporation in 24-48 hours.
Panamanian Companies can be incorporated without regards to the nationality of its directors and shareholders.
Incomes generated by a Panamanian Corporation outside of the Panamanian territory are tax exempted.
The authorized capital does not have to be paid in full or partially.
There is no need to file any financial reports or tax returns with any government entity in the Republic of Panama, provided that the company does not receive income from Panamanian source.
Legal entities of any jurisdiction may act as directors, officers and shareholders of a Panamanian Corporation.
There is no need to hold annual meetings of Directors or Shareholders.

Directors and Shareholders may attend to the meetings personally, by proxy, by phone or by any other electronic means.

Three (3) directors are required, either natural persons or legal entities.
The officers (President, Secretary and Treasurer) do not have to be directors and one person can occupy several or all offices. Physical persons or legal entities can also be appointed as officers. Officers are not mandatory.
Shares may be issued to the bearer or in nominative form. In any event, the name of the shareholder is not required to be registered in the Panamanian Public Registry, thus, ensuring total anonymity.
A corporation can effectuate transactions and have assets in any part of the world without the obligation of maintaining assets in the Republic of Panama.
Panamanian Corporations are empowered by law to conduct any lawful act.

Absence of exchange control.

Panama is not on the OECD blacklist and will soon be off the blacklist of many countries, thus allowing the company to operate and go into transactions with more freedom.
Other benefits of Panamanian Corporations

Ultimate financial privacy

Asset Protection
Income Tax Reduction or elimination
No inheritance, succession or gift taxes
Protection from inflation
Reduction in legal liabilities
Reduction in operating expenses
Freedom from currency exchange control
Local Government concessions, subsidies and support
Data on Owners and Directors is not publicly available and remain confidential
Easy access to North American and European Capital Markets

No International Trade Tariffs

No annual tax return requirements
No import/export quantity limitations
No costly bureaucracy
Company set up in Panama-

Type of company for International Trade Investment

Generally, corporations are incorporated under the Corporation Statute Law 32 of the 1927 Commercial Code. Limited Liability Companies and Limited Partnerships are used also.

Procedure for Incorporating in Panama

You can incorporate an IBC by presentation of the proposed corporation’s signed Articles of Incorporation before a Notary Public who creates a Public Deed for registration at the Public Registry.

Restrictions on Trading

Cannot undertake the business of banking, trusteeship and trust administration, insurance, assurance, reinsurance, fund management, investment funds, collective investment schemes or any other activity that would suggest an association with the banking, finance, fiduciary or insurance businesses.

Language of Legislation and Corporate Documents

Spanish and certified English translations.

Registered Office required

Yes, must be maintained in Panama at the address of the Registered Agent.

Name Approval required


Time to incorporate

One day, subject to name approval.

Language of Name

Names may be expressed in any language using the Latin alphabet. The Registrar may request a Spanish or English translation.

Disclosure of Beneficial Owner to Authorities


Authorised and Issued Share Capital

The standard authorised share capital is US$10,000 divided in to 100 common voting shares of US$100 each or 500 common voting shares of no-par value; the capital may be expressed in any convertible currency. The minimum issued capital is either one share of no-par value or one share of par value.

Classes of Shares permitted

Non-voting shares, preferred shares and registered shares. Bearer shares can be issued but no-par-value and bearer shares must be fully paid when issued. The registered agent must keep the bearer shares certificate in safe custody and must notify the Registrar that the shares have been issued.


No corporation tax is levied on non-Panamanian sourced income.

Double Taxation Treaties

In the last twenty months, the Republic of Panama has signed several double taxation treaties with countries such as Mexico, Barbados, Netherlands, Portugal, Spain, Singapore, France, Ireland, Israel, Italy, South Korea, Czech Republic, Qatar, United Arab Emirates and Barbados. They were duly ratified by the Panamanian congress and in consequence are considered local laws of Panama. Recently, the United Kingdom has signed a treaty and is pending to be ratified by Panamanian Congress soon. In the case of Austria and Vietnam they are at different stages of negotiation.

The purpose for the Republic of Panama is triple: First, to cooperate in the implementation of regulations against international tax evasion. Second, to fulfill international requisites with the Organization for Economic Cooperation and Development in order to be considered as non-taxation sanctuary of international tax evasion. Third, to avoid the double payment of taxes of foreign citizens or companies domiciled in Panama and in their countries of origin as well.

License Fees

Annual Franchise Tax of US$400 is payable – please check remarks below.

Financial Statement requirements

No requirement if income is of non-Panamanian sources.


Both corporations and natural persons may act as directors and the minimum number of directors is three. They may be of any nationality and need not be residents of Panama. Panamanian companies are also required to appoint a minimum of three officers (president, secretary and treasurer) who may also be the directors. It helps for Register Company in Panama.

Company Secretary

A company secretary must be appointed, who may be a natural or corporate person. The company secretary may be of any nationality and need not be a resident of Panama.


The minimum number of shareholders is one. Shareholders’ records are not publicly accessible; however, all relevant information and identification documents must be deposited at the local registered agent’s office.

Contact us today! Our experts can help you to Register a Company in Panama.

Register your Company today!

Our Business Development Team is ready to guide and assist you to discuss all options you have and to provide you all the support you need to enable you to take the right decision face to your specific needs!
All our Consultancy and Advisory services are completely FREE!

Call or email us today for Packages & Prices!