Corporate legislation inspired by Delaware, U.S.A. law, with broad flexibility for structuring clauses and provisions. Tax-free environment for income generated outside of Panama.
Panama's corporate legislation is inspired by the corporation law of the State of Delaware, United States, recognized worldwide for its flexibility and shareholder protection. Panama offers open legislation that allows a wide variety of provisions and clauses in the formation of companies.
Under the "tax-free territory" principle, only income obtained within Panamanian territory is subject to income tax. Income generated outside of Panama is completely tax-exempt.
Legal framework inspired by the world's most prestigious corporate jurisdiction.
Income outside Panama completely exempt from income tax.
Agile process of approximately three (3) business days to incorporate your company.
Shareholders are not required to be directors. Maximum privacy in corporate structure.
Everything you need to know to incorporate your corporation in Panama quickly and efficiently.
Three (3) name options are required to verify availability before the Public Registry of Panama.
Minimum three (3) directors: President, Secretary and Treasurer. They do not need to be shareholders. The firm can provide directors for US$150.00/year each.
Standard capital of US$10,000.00 (maximum amount for lowest government fees). Shares may be registered or bearer shares.
The law requires every Panamanian corporation to have a Resident Agent, which must be an attorney or law firm licensed in Panama. Young Law Firm acts as Resident Agent for its corporations.
Annual cost: US$500.00
Includes custody of corporate documents, legal representation and compliance with governmental obligations.
All corporations must pay a government annual fee of US$300.00. Timely compliance avoids surcharges and penalties.
Full transparency in our fees. Incorporation of your Panamanian corporation in approximately three (3) business days.
Directors provided by the firm: US$150.00 per director per year. This service is optional and applies when the client requires the firm to provide Board of Directors members.
Incorporation in 3 business days. Tax-free territory. We advise you every step of the way.