The offshore company entity in Panama is called an International Company in its law.
• Corporate Requirements
2. The minimum number of directors to establish an IC in Panama is 3. Directors can be either individuals or corporates, local or not.
3. An IC in Panama is not required to have a local secretary but must have a local registered agent.
4. The registered office is also required to be in Panama.
5. There is no minimum requirement for an IC authorized capital. The currency of capital should be USD.
The Standard Authorised Capital for an IC in Panama is US$ 10,000, which is divided into 10,000 shares of US$ 1.
An IC also has the right to issue bearer shares.
6. An IC can choose a name in any language, but its documents should be in Spanish, the main language in Panama.
• Annual Requirements
- Simple requirements on start-up and running;
- Comparatively high confidentiality;
- Thanks to Panama’s location and its canal, the country is a great location to connect not only to North and South America but also to other part of the world;
- Most taxes are exempted for International Companies.
Offering PackagesBelow are our packages for supporting you in establishing an International Company in Panama with ease and speed:
|Company Incorporation Service Fee|
|All Government fees due on Incorporation|
|Free Name Application|
|Local Registered Office Service||12 months||12 months|
|Local Registered Agent Service||12 months||12 months|
|Certificate of Incorporation|
|Articles of incorporation in Spanish and in English duly apostilled|
|Inaugural meeting and appointment of first directors|
|Undated letter of resignation of nominee board of directors|
|Letter of resignation of the subscribers|
|Good standing certificate issued in Spanish and in English|
|Power of attorney in Spanish and in English duly apostilled|
|Professional Consultancy via Phone and Email|
|Assistance on Opening of Company Bank Account|
|Company Statutory Record & Company Kit|
|Total fee||US$ 1,699||US$ 2,198|
|Setup Company||Setup Company|
Beside the company incorporation service, we also provide Offshore Bank Account Assistance of numerous banks in the world and Other Services necessary for any offshore company.
For any further questions, feel free to Contact Us for more details.