Company registration in Panama: business setup and incorporation services

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Company Registration in Panama

Available Americas

1-2 weeks

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Processing Time

1-2 weeks

Corporate Tax

Foreign Ownership

100% Allowed

Remote Setup

Available

A classic Latin American offshore with territorial taxation (taxes are paid only on income generated in Panama). Corporate tax rate is 25%, but local companies are exempt from paying on foreign income. Numerous offshore structures and free zones (Colon, Panama City) with tax holidays are available. Well-developed banking sector with English-based legal system. Main drawbacks: tax residents are not required to pay tax but must maintain records, and tightening international standards require substance.

Onshore 100% Foreign Ownership Remote Setup Remote Banking

Tax rates

Corporate

Personal

10%

Dividend

Special taxation terms & incentives

• Income tax is strictly territorial: only Panama-source income is taxed, and foreign-source income is exempt. • The standard corporate income tax rate is 25% on net taxable income. • Companies with income above USD 1.5 million pay the higher of regular tax or a 4.67% alternative minimum on gross income. • Free-zone users (Colon Free Zone, Panama Pacifico) pay 5% on local-source income and are exempt from import, sales, and export taxes on qualifying activities. • An annual Operations Notice tax of 2% on equity applies (capped at USD 60,000), reduced to 1% in free zones.

Incorporate in Panama

Banking

Business

Yes

Personal

Yes

Legal & compliance

Substance requirements

Agent + address required, min 3 directors

Tax treaties

Available

Ideal for

Holding, trading, asset protection, shipping

Good to know

Tax haven reputation, Panama Papers

Panama registration services & pricing

Transparent pricing: each price is the base scope for that service, including its government registration and agent fees. Route-specific authority or ongoing costs, if any, are confirmed in your written quote before you pay.

Incorporation

Basic Registration $3,900 one-time

Panama Annual Company Renewal $3,150 /year

Additional Services

Virtual Office $600 /year

Accounting $360 /month

Banking

Bank Account $1,300 one-time

Visas & Residency

Residence Visa $1,950 one-time

Documents required for Panama incorporation

Personal Documents

Passport Copy
Proof of Address

Business Documents

Source of Funds Declaration

Legal Documents

Apostilled Documents

What's included in Panama registration

Company registration with local authorities
Business license
Company seal/stamp
Certificate of incorporation
Basic compliance setup

How to register a company in Panama

Submit Application

Upload your documents online

Document Review

We verify everything is in order

Government Filing

We handle all official submissions

Company Ready

We forward the documents issued by the registry

Panama: common questions

How long does it take to register a company in Panama?

Registration typically takes 1-2 weeks once your documents are complete. Actual timing depends on the registry and the route for your activity; we confirm it in your quote.

Can foreigners own 100% of a company in Panama?

Foreign ownership is generally permitted, but rules can depend on the activity, the route and the legal structure. Some jurisdictions also require a local director or company secretary. We check what applies to your case before you start.

Can I register a company in Panama remotely?

In many cases the registration steps can be completed remotely. Some routes, authorities or banks may still ask for an in-person step; we tell you before you commit.

Does company registration include a bank account?

No. Company registration and banking are separate. We support bank account applications through licensed partners; the bank decides on approval, documents and timing.

Ready to register your company?

Get started today and we'll guide you through every step of the process. Starting from $3,900 for the base registration scope. Your quote confirms any route-specific fees.

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