Panama Company Formation

Our Commitment

  • Panama Company Formation in 3-4 days.
  • A very competitive price, in complete transparency.
  • Complete confidentiality.
  • A dedicated manager for Panama Company Formation
  • Your company with a bank account, including eBanking and credit card. Opening by correspondence.

Panama Company Formation is ideal for:

  • Businessmen
  • Commerce over the Internet
  • Consultants / Counselors
  • Expatriates
  • Traders
  • Holding intellectual property rights
  • For the custody of real estate
  • For inheritance purposes

 

PRICE FOR PANAMA COMPANY FORMATION : £3490

BANK ACCOUNT FOR PANAMA COMPANY FORMATION: £1000

Good to Know

Panama has the second largest economy in Central America and is also the fastest growing economy and largest per capita consumer in Central America. Since 2010, Panama remains the second most competitive economy in Latin America, according to the World Economic Forum’s Global Competitiveness Index.

Panama Company main characteristics:

Company type
Sociedades Anonima (S.A.)
Governing corporate legislationThe Panama Supreme Court of Justice is the governing authority and companies are regulated under the Law 32 of 1927.
Information published relating to company officersUpon registration, the company directors’ name will appear in the register, available for public inspection. Nominee directors can be used in order to avoid the client’s name appearing.
ConfidentialityPanama offers a high level of anonymity and privacy.
Accounting requirement
No accounting/reporting requirements.
Taxation
No taxes of any sort.
Legislation
Modern offshore legislation.
Standard currency
US$
Time to form
Panama has an efficient registry: company formed in 3-4 days.
Stability
Stable jurisdiction with a good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT-5
Secretary required
Yes
Paid up capital requirement
No paid up capital requirement.
Basis of legal system
Under Civil Law.
Minimum directors/shareholders
Minimum of 3 directors and 1 shareholder
Bearer shares
Bearer shares are permitted

DOCUMENTS REQUIRED FOR PANAMA COMPANY FORMATION
A certified copy of your passport (or identity card), as well as proof of domicile dated less than three months.

General information on Panama

The Republic of Panama is situated between Costa Rica in Central America and Columbia in South America with coastlines on both the Pacific and Atlantic Oceans. Its capital, Panama City, is on the Pacific coast at the entrance of the Panama Canal. Panama was a Spanish colony until 1821. In 1903, Panama broke an alliance with Colombia and became an independent republic.

The population of Panama is approximately 2.4 million, of which 700,000 live in Panama City.

Panama is one of the most well-known and recognised offshore jurisdictions worldwide, thanks to its high level of confidentiality and highly efficient register. Company formation can only be processed by a local solicitor’s office. SFM has a partnership agreement with a local office to register Panamaean companies.