Offshore Company Formation in Panama
Panama is one of the popular offshore jurisdictions in the world, situated halfway between Central and South America. Its tax exemptions and privacy laws attract business investors worldwide. We can assist you with your Panama company registration.
Our Company formation features include:
- 100% Remote Company Registration
- Company formation within 2-3 working days
- Open a Corporate Bank Account
- 24/7 Dedicated Support
100% Remote
Offshore Company Setup
Incorporate your company
starting from $1,800
Duration 1-2 days
Company Registration in Panama
Company Registration in Panama is good for individuals and companies looking for a tax-efficient option. Panama business registration also provide flexible corporate structure. Panama allows most of the commercial business activities. These businesses frequently engage in commerce, asset acquisition, investment holding, and other activities.
The requirements of an offshore company in Panama will vary from one legal entity to another. The country can attract foreign investors because of the low taxes and the economic stability.
We will advise you to consult a professional or a reputable corporate service provider to open a company in Panama. They will assist you to be compliant and follow all the legal processes to register your company in Panama. You do not have to worry about the as we can assist you in seamless Offshore company formation.
Benefits of Company Registration in Panama
- Tax System
- Asset Protection
- Business-Friendly Environment
- Access to International Markets
Panama Offshore Company Formation Packages
For investors looking for Panama business registration, our team have two comprehensive packages to assist you. Please refer to our packages below.
Standard
Everything for a foreign investor to register a company
$1,800
- Company Formation
- Certificate of Registration
- Document Processing for Registration
- Memorandum & Articles of Association
- Government Fees for 1 year
- Registered Agent and Registered office Address for 1 year
- GC Account Manager for 1 year
Executive
Suitable for investors looking for company formation along with bank account
$2,900
- Everything in Standard
- Certification of Corporate Documents
- Assistance in Bank Account Opening
- One-time application with one suitable bank
- Assistance in preparation of bank application & Supporting Documents
- Schedule appoint with the Bank representative
Corporate Structures in Panama
Panama offers several offshore company structures, including International Business Companies (IBCs), Private Interest Foundations, and Limited Liability Companies (LLCs), each providing tax advantages, confidentiality, and asset protection for international business and wealth management.
A Panama International Business Company (IBC) is an offshore company that provides tax advantages and global market access. It typically takes 2-5 days if all documentation is in order. Businesses can get comparable benefits from its flexible business laws.
The IBCs in Panama are primarily governed by Law No. 32 of 1927, which outlines the requirements and procedures for incorporation.
Panama IBC Essentials
Company names must be distinctive and approved by the government. The company name must be unique and include a suffix such as "Incorporated," "Corporation," etc.
There must be at least one director and shareholder (who may be the same person). A local business address is essential. The secretary must be a Panamanian resident or a licensed firm.
Annual compliance requires companies to produce tax filings and financial disclosures. The Articles of Incorporation must be filed with the Panama Public Registry to officially establish the corporation. Upon registration, the company is required to pay a registration fee.
Why Choose a Panama IBC?
Panama is a major financial hub noted for its business-friendly legislation and low corporate taxes. There are no taxes on foreign income, capital gains, or dividends. There is no public disclosure of shareholders or directors.
There is no restriction on foreign ownership. There is no requirement for paid-up capital. Operate globally with little constraints. Based on corporate-friendly legislation. There are no yearly meetings or elaborate reports.
An IBC is an excellent solution for entrepreneurs seeking tax benefits, worldwide access, and ease of incorporation. Panama continues to be a popular offshore business destination due to its strong economy and investor-friendly laws.
Panama Company Formation Process
You can register a Panama Company in simple steps. The process to open an offshore company in Panama typically involves the following steps.
The investor must appoint a registered agent authorized to form a company in Panama. The registered agent will work with government authorities. The registered agent will be point of contact with the authorities on behalf of the company.
Finalize the company name for the offshore business in Panama. The name should be unique and not used by any Panama company.
Submit all the required documents through the registered agent to the authority. The documents include your passport, certified proof of address, etc.
Upon the submission of the documents, the investor must pay the registration fees to carry forward the application.
After the client pays the company registration fee, the process involves drafting the articles of registration and registering the company with the authority.
Once the company is formed, the next step is to open an offshore corporate bank account. Investors can open a bank with a local bank or an international bank.
Documents required for Company Formation in Panama
- Certified Passport Copy
- Certified Proof of Address (not older than three months)
- Proof of fund source
What our clients say
The team at Gryffin Capitalist is efficient. Starting from offshore company formation to offshore banking, they guided me step by step, ensuring smooth registration in BVI.
Fantastic support throughout the process! I am delighted with Gryffin Capitalist's service. They made Seychelles business registration seamless and stress-free.
I registered an IBC in Belize with Gryffin Capitalist, and the process was seamless. They helped me choose the proper structure. They assisted me with my international bank account.
Why Choose Gryffin Capitalist?
We at Gryffin Capitalist can assist you in registering your business in Panama. company formation in Panama can be complex for you as a foreigner. Let us help you navigate the complex legal and regulatory landscape and streamline your process to open an Offshore company in Panama.
We will provide full legal corporate structures based on your requirement. Our team of experienced professionals has helped numerous businesses set up operations in different countries worldwide. You can choose an offshore company formation package that best suits your needs.
Quality Professionalism
Extreme Privacy
Strong belief in long-term client relationships
Competitive Market Pricing
Global Footprint
Efficient and Transparent Process
Explore Other Popular Offshore Location
Our senior advisors have identified a range of offshore jurisdictions, each chosen for its legal framework, confidentiality, tax neutrality, and global reputation. Beyond just one country, you can explore a variety of locations, each offering distinct advantages to suit your specific business needs.
Explore & Open a Bank Account in other Popular Jurisdictions
We have curated a list of countries that offer economic and political stability, with regulations designed to safeguard investors' wealth. Along with these carefully selected locations, you can open a bank account in other popular jurisdictions, allowing you to transfer and receive payments while securely holding your funds.
Our Bank Account PackagesFrequently Asked Questions (FAQs)
Panama offshore companies are legal, and the Panama government recognizes them.
You need not live in Panama to start an offshore company. Instead, you can hire a local law firm or registered agent to handle the registration process.
Yes, you can open a bank account after the company formation in Panama.
Yes, you can operate your offshore company from your home country.
The annual maintenance requirements for a Panama company include filing a yearly tax return. The company's renewal process is done through the Public Registry of Panama.
