Launch your business in just a few days with expert legal support. Safe, online, and fully compliant business registration in Panama. Start earning tax benefits immediately with a secure company incorporation.
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Panama is a leading jurisdiction for business incorporation due to its robust legal framework, low tax rates with great tax advantages for foreign operations, and easy access to international markets. Starting a company here ensures privacy, security, and long-term benefits for entrepreneurs around the world.
Yes, it's true! No tax on income earned outside Panama
Start your company with no required capital investment
Own your Panama business entirely yourself
Once you fill all necessary documents & pay the legal fees
Our secure and streamlined process ensures you get your Panama business incorporated in just a few steps.
Discuss your business needs with our expert legal team
Fill out a simple form for fast processing
Send necessary documents securely for quick approval
Receive your official Panama company registration certificate
Find answers to the most common questions about company formation in Panama and how Limitless Legal can help you
To start your company formation in Panama, simply contact our legal experts for a free consultation. We'll guide you through the process, including choosing the right business structure, submitting the necessary documentation, and ensuring legal compliance. Our team will handle all aspects of the registration process, ensuring your business is set up quickly and legally in Panama.
To form a company in Panama, you'll generally need the following documents: a valid passport, proof of residential address (less than 3 months old), and company details such as your business name, nature of business, and directors/shareholders. These documents are essential for filing the required legal forms and completing the company registration.
Depending on the type of company you want to start, there might be additional requirements. We’ll help you every step of the way to ensure compliance!
The Panama company formation process is efficient, and from the moment you send us all required documentation, it can be done in just 4 business days! Our streamlined process includes filing the necessary paperwork with the Panama government, obtaining your Incorporation Certificate, and registering your company with Panama's business registry.
Generally speaking, to complete the Panama company formation, you need to submit the following: a passport copy of all directors and shareholders, proof of address (such as utility bills), and details about your company (business name, type, shareholders, directors). If needed, we offer additional services, such as providing nominee directors, and can assist with document submission for your convenience.
Yes, you can form a company in Panama remotely. The entire company formation process can be done online, and our team will guide you through each step. All necessary documents can be submitted electronically, and we’ll provide you with everything you need to complete the registration from anywhere in the world. Panama is one of the most business-friendly jurisdictions for foreign entrepreneurs looking to establish a company without being physically present.
The cost of forming a company in Panama varies depending on the services you choose, the complexity of the industry, and how many additions you require. For example, some industries require special permits or additional registration steps from the authorities, while some are straight forward. Additional services such as nominee directors, virtual office setup, and offshore bank account opening are available for an additional fee.
We provide transparent pricing with no hidden costs, ensuring that you get the best value for your investment in Panama. Contact us today to see what is valid for your business plans!
Our Panama company formation fee includes everything required to register your business: legal consultation, filing of necessary documents with the Panama government, obtaining your Incorporation Certificate, and company registration with the Panama Business Registry.
Our most popular service is a Company Kit that includes all documents required for your business operations, such as articles of incorporation and shareholder agreements, and resident agent. Additional services, like nominee directors and fiscal address, are available for an extra fee.
No, we pride ourselves on transparent pricing. At the beginning of the process, we send out a detailed proposal that includes everything you need to know – and the price we quote for Panama company formation is the price you pay. We make sure you are aware of any potential additional fees upfront, such as those for nominee directors or virtual office services. Our goal is to ensure that there are no surprises during the process.
No worries! We offer flexible payment options for all our clients, with part payment required upon start and the rest when the process is complete. You can always choose to pay in installments, depending on the services you require. Our team will work with you to create a payment plan that fits your budget while ensuring that your Panama business formation proceeds without delay.
A word of caution: Please mind that starting a company is a big responsibility, which will require attention to future spending for things such as taxes, employee costs, and operational costs.
Panama offers a tax-friendly environment for businesses. If your company generates income within Panama, it will be subject to a corporate tax rate of 25%. However, Panama has a 0% tax rate on foreign income, meaning your business will not pay taxes on income earned outside the country. This makes Panama an attractive option for international entrepreneurs looking to minimize their tax burden.
By registering your company in Panama, you can take advantage of the tax exemptions available to international businesses. Panama does not tax foreign-source income, so if your company operates abroad, you won’t pay taxes on revenue earned outside the country. Additionally, Panama offers numerous tax incentives for specific sectors, including tourism, technology, and international trade. Contact our team for more details on how to maximize your tax benefits in Panama.
No, Panama’s tax laws are very favorable for international businesses. As long as your business activities are conducted outside Panama, your Panama company won’t be taxed on foreign income. Income earned within Panama, however, will be subject to a 25% corporate tax rate. This is a key advantage of incorporating in Panama, as it allows you to operate internationally without the burden of local taxes on global profits.
Panama is often referred to as a tax haven due to its favorable tax structure. While Panamanian corporations and individuals pay taxes like most other countries, the country offers zero tax on foreign income, no capital gains tax, and very low corporate taxes for businesses operating in the international market. Panama’s tax-friendly policies attract entrepreneurs from around the world looking to establish a business in a stable, low-tax jurisdiction.
The corporate tax rate for companies doing business within Panama is 25%. However, for businesses that operate internationally and generate revenue outside Panama, there is no corporate tax on foreign income. This makes Panama an excellent choice for those seeking to minimize their overall tax liability. Panama also has a territorial tax system, meaning only income derived from within the country is taxable.
To own a Panama company, you must comply with Panama’s corporate laws. While Panama does not require the company owner to be a resident, you must have a registered office in Panama. Additionally, all companies are required to have a national resident agent – which has to be a Panamanian law firm or lawyer.
It's also important to keep in mind that the type of industry you decide to open a business in will impact the requirements. Our legal experts always make sure to guide you through all the requirements to ensure full compliance.
No, Panama allows 100% foreign ownership. You do not need a local partner to own a company in Panama. This makes Panama an attractive destination for international entrepreneurs seeking complete control over their business. All foreign nationals can fully own and operate a business in Panama without the need for a Panamanian partner or investor.
Please note: All Panamanian businesses are required to have a Panamanian resident agent ("Agente Residente"), but they have no ownership share and are not involved with any operations of the company.
Yes, Panama allows 100% foreign ownership of your business. You do not need to share ownership with a local Panamanian, giving you full control over the company. This is one of the key advantages of incorporating in Panama, as it provides complete autonomy for international entrepreneurs and business owners.
Yes, owning a company in Panama is completely legal for foreigners. Panama offers a business-friendly environment that welcomes foreign entrepreneurs. There are no restrictions on foreign ownership, and the corporate laws allow individuals from any country to form and operate a business in Panama without requiring a local partner. Panama has established itself as a stable, secure jurisdiction for international business.
One of our most common questions is how taxation works and if the tax benefits of Panama are legal for foreigners. Our expert tax and corporate lawyers are here to answer all your questions you may have regarding how taxation works for your nationality / resident country.
No, you do not need a physical office to establish a Panama company. We offer the option of using a virtual office service, which provides a business address, phone answering services, and mail forwarding. This is an ideal solution for foreign entrepreneurs who wish to incorporate in Panama without maintaining a physical office space.
Yes, once you form a company in Panama, you can operate your business internationally. Panama’s corporate laws allow for global business activities without restrictions. Your Panama-registered company can be used to manage operations, conduct transactions, and establish branches or subsidiaries in other countries. Panama's territorial tax system further supports this, as you’ll only be taxed on income generated within Panama.
Yes, you can register a company in Panama remotely. The entire registration process can be done online, including submitting required documents and communicating with our lawyers. Our team handles the process for you, ensuring that everything is completed efficiently and compliantly, so you don’t need to be physically present in Panama to start your business. Additionally, we both scan all important documentation and offer international and secure shipping services for important documentation so you can start your company, no matter where you are in the world.
Panama is a diverse business hub, and you can register a company in virtually any industry, including finance, technology, tourism, logistics, real estate, international trade, and more. Panama's free trade zones and tax exemptions make it especially attractive for businesses in these sectors. Our legal team can assist you in selecting the best business structure for your industry.
Yes, once your Panama company is registered, you can open a bank account for your business to manage your busienss funds – this is part of the formation process and one of the services we frequently offer. Panama has a highly developed banking system, with multiple banks offering secure and confidential banking services for businesses, and excellent online portals to manage your accounts remotely. We can assist you with the process of setting up your offshore bank account, ensuring all legal and regulatory requirements are met.
USD is used for transactions in Panama, including company formation fees, business operations, and daily expenses. This makes Panama a highly business-friendly environment for international entrepreneurs, as all prices are typically quoted and paid in USD. Formally, Panama uses the Panamanian Balboa (PAB) as its official currency, but it is directly tied to the US Dollar (USD) at a 1:1 exchange rate.