Incorporation
Name Check & Clearance
Preparation of Certificate of Formation
2 natural shareholders included
1 director included
Time to incorporation: 3-4 days
Company Secretary
Takes care of Compliancy of the company. No power over company decisions.
Mandatory Service.
600,00 €
yearly
Registered Office Panama
Registered office in Panama required. Mail handling, scanned and sent by email.
Mandatory Service.
650,00 €
yearly
Additional shareholder
Any additional shareholder (above the 2 included)
120,00 €
one time
Additional director
Any additional director (above XXX included)
120,00 €
one time
Corporate Shareholder
If a shareholder of the company is a company itself
279,00 €
Residency in Panama application
You need to be present in Panama 1x a year for a week.
2500,00 €
yearly
Nominee Director
Third party registered as administrator
600,00 €
yearly
Nominee Shareholder
Nominee to register the shares
500,00 €
yearly
Bank Account Opening
Remote Bank Account opening, Puerto Rico
299,00 €
one time
Renewal Fee
To be paid after 1st year. Payment of comapany fees, Proof of company good standing, Certificate of incumbancy
1200,00 €
Type of company
Public Company -Sociedades Anonima (S.A.)
Basis of legal system
Under Civil Law
Governing corporate legislation
The Panama Supreme Court of Justice is the governing authority and companies are regulated under the Law 32 of 1927
Minimum directors/shareholders
2 directors and 1 shareholder
Information published relating to company officers
Upon registration, the company directors' name will appear in the register, available for public inspection. Nominee directors can be used in order to avoid the client's name appearing.
Paid up capital requirement
No paid up capital requirement. The standard share capital: 10,000 $
Accounting requirement
No, unless business operations are conducted in Panama
Taxation
No taxes of any sort.
Timespan incorporation
3-4 days, when all documents available to us
Together with our banking partner network, we can offer (remote) bank accounts in the US, Europe and Asia. Most bank accounts come with credit cards / debit cards and are multi currency accounts. Please be aware that final decision (KYC Process) on a bank account is made by the bank
We offer legal services that fit perfectly to your incorporation. For more information click on the links below: