Panama

AN OFFSHORE COMPANY IN PANAMA

  • a company in Panama can be incorporated within 3 – 4 days of submitting all the necessary documents
  • full transparency
  • complete confidentiality
  • nominee director available all year round
  • company bank account, access to electronic banking, credit card
  • opening the account through correspondence

DOCUMENTS NECESSARY FOR INCORPORATION

a certified copy of passport or identity document, and a certification of permanent address issued maximum three months in advance.

LIST OF INSTRUMENTS OF INCORPORATION

  • Certificate of incorporation issued by a local authority
  • Documents in respect of the scope of responsibility of the company’s secretary
  • Memorandum and Articles of Association
  • Document defining the company’s registered address and Agent
  • Share Certificate
  • Director appointment report and decision to issue shares
  • A report in respect of appointment of an agent for 1 year

ANNUAL REPORT

  • current verification of conformity of the company’s operations with the local law
  • extension of the permit for the head office’s and registered agent’s operations
  • payment of the required government fees

PRICE LIST

  • Fee for incorporation  €990
  • Fee after the first year of operation €790

EXTRA SERVICES PRICE LIST

  • nominee director €350
  • nominee shareholders €350
  • Internet trading account €350
  • virtual office c/o €450
  • virtual office p/o box €850
  • office with secretarial service €1900
  • designing a company logo, business card and letterhead €250
  • company seal €150
  • company stamp €70
  • notarial certification of a document and apostille €150
  • written power of attorney PoA €150

GENERAL INFORMATION ABOUT PANAMA

The Republic of Panama is bordered by Costa Rica in Central America and Colombia in South America, and its coast is bordered by the Atlantic and Pacific Oceans. Its capital city  Panama is located on the Pacific coast and is the gateway to the Panama Canal. The country was a Spanish colony until 1821. In 1903, Panama seceded from Colombia, and became an independent republic. Its population is approximately 2.4 million people, out of which 700 000 people live in the capital city.

Panama is one of the best known and recognised world centres for offshore services, due mainly to its high confidentiality and efficient system for company registration.

A company in Panama can only be incorporated through a local legal adviser.

Spółka w Panamie

USEFUL INFORMATION ABOUT PANAMA

Panama is the second fastest developing economy in Central America, and also has the highest per capita consumption in the region. According to the Global Competitiveness Index provided by the World Economic Forum, since 2010 the Panamanian economy has been the second most competitive economy in Latin America.

Spółka w Panamie

WHO CAN BENEFIT FROM INCORPORATING A COMPANY IN PANAMA

  • online trading companies
  • advisory and consulting firms
  • international business
  • firms that deal with the protection of intellectual property rights
  • firms that deal with the management of movable and immovable property
  • inheritance planning companies
  • investment companies
Contact one of our Advisers