ClevverCompany

Company Formation in Panama

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our incorporation experts

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Cost 1400 €

Incorporation
Name Check & Clearance
Preparation of Certificate of Formation
2 natural shareholders included
1 director included
Time to incorporation: 3-4 days

Available Add-ons

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 €

Company formation process

1
Fill out the online
application form
2
Our legal team will
shortly get back to you
3
When all is clear on both
sides your company gets registered
4
After formation you will
receive all necessary documents

Basics & Requirements

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

BANK ACCOUNT SERVICE

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


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 Canada
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Our incorporation specialists can incorporate in various other countries.
Just contact us and ask for a tailored solution.

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