Panama

PANAMA COMPANY FORMATION

Panama International Business Corporation (IBC) with ownership flexible structure, strict privacy, tax-free and no tax reporting requirements. The Panama Corporation is frequently used for international trade, private foundations, e-commerce, holding and asset protection purposes. 

General information on Panama
  • Total area: 75,515 sq km
  • Population: 3,300,000  
  • Political status: Republic
  • Capital: Panama City
  • Official language: Spanish, English in general use
  • Official currency: USA Dollar (USD); Bilbao (PAB)
  • Time zone: GMT – 5
What we offer
  • Your Company in Panama in 2 days.
  • The most competitive price, in complete transparency.
  • Complete confidentiality.
  • A dedicated manager available throughout the year.
  • Your company with a bank account, including e Banking and credit card. Opening by correspondence.
Incorporation Package Price

Our fees for incorporating and registration of a company in Panama are $ 1399.

Annual Renewal Fees is $ 899.

Incorporation Package includes
  • Professional services for preparation and submission of documents to registrar.
  • Payment of state duty for registration of a company.
  • Preparation of Company’s Registration Forms.
  • Apostille set of organization documents.
  • Filing of all corporate documents.
Basic Requirements for Company Formation
  • 3 Directors&1 Shareholder.
  • No requirements of a minimum paid up capital.
  • Physical Office is required.
  • Liaising with the relevant authorities and coordination with the notary.
  • Attending to filing incorporation request with the company registry.
  • Attending to payment of government filing fees
  • Mailing address in the country of incorporation.
  • Payment of various Compliance fees.
Additional Services
  • Nominee shareholder: $ 300
  • Nominee director and general power of attorney (apostilled): $ 300
  • General power of attorney(apostilled) : $ 300
  • Special power of attorney (apostilled) : $ 290
  • Certificate of good standing(apostilled): $ 350
  • Certificate of incumbency(apostilled) : $ 370
  • Set of corporate documents( apostilled) : $ 400
Documents Required
  • Proof of identity (Current valid Passport, National ID card).
  • Proof of Residential Address of the chosen Shareholders and Directors.
  • Resolution to open a bank account, rent an office, appoint first director/shareholder, engage a Phone, Internet & Website service provider, hire a staff member/s.
  • Agreement authorizing to represent the company in commercial negotiations.
  • Resolution issuing a Power of Attorney authorizing to sign documents on behalf of the company.
  • Register of directors/shareholders.
  • M & AA, Certificate of Incorporation, Latest Annual returns and financial statements in case of a Corporate Shareholder.

For any queries/additional services please send us an email or reach us on Skype at info@offshore-banking.net.

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