Panama company formation has paved the way to global market opportunities for many business enthusiasts. If you are also planning to start a company here, you must know the cost to set up a company in Panama.
On this page, we exclusively highlight the quoted Panama company formation fees for the corporate services offered to our clients. The Panama government filing fee is also included in our package.
In case you are looking for additional information on offshore features, you can refer to our offshore company registration guide.
Panama Company Formation Fees and Packages
Gryffin Capitalist offers two packages that clearly list the Panama offshore company registration fee, designed to provide global business solutions. All fees are quoted in USD and cover the first year of operations. It also includes government fees for the first year. Choose the desired package that meets your current business requirements.
Panama Standard Package
Panama company formation fees: $2,050.
Our Standard Package covers everything our clients need to register and operate a company in Panama swiftly. It is designed for investors and entrepreneurs who want their company formed seamlessly with all statutory elements in place.
Our Package Includes:
- Panama Company Formation
- Issuance of the Certificate of Incorporation
- Document Processing and Submission
- Preparing and Filing the MOA and AOA
- Government filing fee coverage for 1 year
- Registered Agent and Registered Office Address Service for 1 year
- GC Account Manager at your Service for 1 year
Panama Executive Package
Panama company formation fees: $2,950
The Executive Package covers the Panama company incorporation price of one essential element for all businesses: a corporate bank account. We offer dedicated bank account support and include everything in the Standard Package.
Our Package Includes:
- Includes all the Services Offered in our Standard Package
- Certification of Corporate Documents for International Use
- Complete Bank Account Opening Assistance
- One-Time Application with the Right Bank
- Preparation of Bank Application & Supporting KYC Documents
- Fast-track Appointment With a Bank Representative
Panama Company Formation Fees: Additional Services
Beyond the core packages, here we have listed the Panama company formation cost for additional services for your convenience:
| Additional Services | Description | Service Fee |
|---|---|---|
| Change of Registered Agent | Includes appointing a new registered agent, filing a Notice of Change and ensuring full compliance. | $650 |
| Certificate of Good Standing | An official certificate confirming that the company is fully authorized to conduct business operations. | $300 |
| Certificate of Incumbency | An official document listing the important details of the company’s current directors, shareholders, and officials. | $200 |
| Company Seal | A company seal that is used to authorise and place formal documents of the company. | $150 |
| Restoration of IBC | Restoration of a Panama company struck off by the Public Registry. | Price on Request |
| Notarization and Apostille | Apostille certification of corporate documents for a company in Panama for international use and seamless transactions. | $250 |
| Company Liquidation | Assistance during the company liquidation process. | Price on Request |
| Official Entity Search Certificate | Assistance in finding company details from the Public Registry of Panama and issuance of a formal certificate. | $250 |
Panama Company Formation Fees: Renewal Services
Companies in Panama must pay their annual renewal fees before the deadline to remain in good standing with the government authorities. The renewal fees listed below apply from the second year of registration onwards.
$1750
Company Renewal Service (includes government fees)
- Registered Office and Registered Agent Service for 1 year
- Annual Filing of Register for Directors, Shareholders, and UBOs
Exact Timeline for Panama Company Formation
Here is a timeline showcasing how our team seamlessly assists during company formation in Panama.
| Timeline | Process |
|---|---|
| DAY 1 | Selection of the desired Anguilla company formation package and submission of KYC credentials. |
| DAY 1 | Review and complete verification of the submitted KYC documents. |
| DAY 1-2 | Filing of the company registration form with the Public Registry of Panama. |
| DAY 2 | The Certificate of Incorporation is officially issued in Panama. |
| DAY 2 | Initiating the delivery of the full company kit by our team via digital or physical means. |
| DAY 3-5 | For the executive package, our team initiates the bank application process and schedules an appointment with a bank representative. |
This was all about the Panama company formation fees and packages prepared by the Gryffin Capitalist team for a transparent, hassle-free setup experience. To learn more about the costs and pricing in other offshore jurisdictions, explore our offshore incorporation packages. If you have any additional queries, contact us anytime for a clear picture!
Frequently Asked Questions (FAQs)
How much does it cost to register a company in Panama?
The cost to register a company in Panama with Gryffin Capitalist is $2,050 for the Standard Package and $2,950 for the Executive Package.
Is the documentation service included in the Panama company formation fees and packages?
Yes, the documentation service is included in the Panama company formation fees and packages.
Does a company in Panama need to appoint a nominee director?
No, a company in Panama does not need to appoint a nominee director.
Is it mandatory to pay the annual renewal fees for a Panama company?
Yes, it is mandatory to pay the annual renewal fees for a company in Panama to avoid the risk of being struck off from the corporate registry.
How many days does it take to form a company in Panama?
It takes 1 to 2 business days to form a company in Panama.
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.