Panama
🇵🇦

Panama

Coming Soon Crypto Friendly Americas
Processing Time
1-2 weeks
Corporate Tax
25%
Foreign Ownership
100% Allowed
Remote Setup
Available

About Business in Panama

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.

Why Choose Panama?

Stable Jurisdiction

Onshore jurisdiction with clear regulatory framework

Full Ownership

100% foreign ownership allowed for most business types

Crypto Friendly

Progressive regulations for digital assets and blockchain

Remote Setup

Complete registration process without visiting the country

Remote Banking

Open business bank accounts without physical presence

No Visa Required

Banking services available without visa requirements

Tax Structure

25%
Corporate Tax
On company profits
0-25%
Personal Tax
On individual income
10%
Dividend Tax
On profit distributions

Crypto & Digital Assets

Allowed

Allowed

Banking Options

Business Account

Yes

Personal Account

Yes

Legal & Compliance

Substance Requirements

Agent + address required, min 3 directors

Double Tax Treaty Network

Available

Ideal For

Holding, trading, asset protection, shipping

Reputation & Considerations

Tax haven reputation, Panama Papers

Available Services

Basic Registration
$3,840
one-time
Virtual Office
$600
/year
Residence Visa
$1,950
one-time
Accounting
$360
/month
Bank Account
$1,300
one-time

What's Included in Basic Registration

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

Registration Process

1
Submit Application Day 1
Fill out the online form with your business details and upload required documents
2
Document Review Days 2-3
Our team reviews and verifies your documents, requesting clarifications if needed
3
Government Filing Processing
We submit your registration to local authorities and track the progress
4
Completion Final Step
Receive your official registration documents and certificate of incorporation

Ready to Start Your Business in Panama?

We'll connect you with trusted local partners to handle every step of the registration process. Starting from just $3,840.

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Starting from
$ 3,840
one-time fee
Get Notified

Registration opens soon. Apply to be notified.

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Fast
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Quick Facts

  • Processing Time 1-2 weeks
  • Corporate Tax 25%
  • Min. Capital -
  • Foreign Ownership 100% Allowed
  • Remote Registration Yes
  • Crypto Allowed
  • Jurisdiction Onshore
  • Remote Bank Account Yes

Have Questions?

Our team can help answer your questions about company registration in Panama

Contact Us