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Company formation in Panama

Corporate structuring

Company formation in Panama

Panamanian companies are ideal for international businesses that seek financial benefits and flexibility.

Corporate structuring

Main characteristics of a Panama company

A company in Panama is both flexible and convenient, requiring a registered agent, at least one shareholder, and at least three directors.

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Overview

What this page covers

Panamanian companies are ideal for international businesses that seek financial benefits and flexibility.

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Free zones and special economic zones

Panama is home to the largest free zone in the Western hemisphere, the Colon Free Zone, and several other special economic areas that grant benefits to businesses.

Territorial taxation

Individuals and companies are exempt from paying taxes on assets or income derived outside of Panama.

Flexibility

The Panama company requires only one shareholder, three directors, and has no minimum or maximum capital.

White-listed jurisdiction

The country is subject to the CRS and is regarded as a reputable player in the international arena, being deeply committed to international transparency standards.

What you should know about Panamanian companies

Panamanian companies are practical international vehicles when the statutory requirements, records, and annual obligations are kept in order.

  • Minimum number of directors: three directors of any nationality, who can be natural persons or entities
  • Directors' meetings can be held anywhere in the world
  • At least one shareholder
  • The officers' information appears in public records
  • The company name can be in any language and must include the corresponding suffix
  • No minimum or maximum capital restrictions
  • Standard authorized capital: USD 10,000
  • Annual renovation is mandatory
  • Annual financial statements are mandatory

Advisory architecture

A carefully designed route before implementation

A good plan is not a stack of isolated services, but a combination of complementary tools that align towards a common objective.

01Establish your objectives

Talk to your Mundo expert to share your objectives and the details of your particular case.

02Choose the right tools

Choose the best tools that can lead you to your goal efficiently and safely.

03Implementation

Set up each structure by starting processes, gathering documents, or submitting applications.

04Assessment and redirection

Once the first milestone is completed, assess the results and analyze whether changes are needed.

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Reach out to us

Talk to us and share your ideas, objectives, and needs. Your Mundo expert will help you identify the right path or implement the one you have designed.