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Panama Offshore Company Incorporation

At Worldwide Fellow, our experts are readily available to assist our global clients to register a company in Panama. The services include company formation, providing local nominee directors, and opening corporate bank accounts. 

On average, your Panama company can be registered within three working days upon submitting the necessary documents.

Setting Up A Panama Company : Your Panama Offshore Company

Typically, the process of incorporating your new Panama legal entity can be as fast as three business days, as soon as we have received all necessary documentation in order. 

Step 1 : Making Reservations

• Choose a business entity: Our team of experts will reach out to you and advise you on the different types of companies in Panama that best fit your business profile. The most common option for offshore companies in Panama is the Sociedad de Responsabilidad Limitada (LLC) and the Sociedad Anónima (Corporation).

• Choose a company name: Concurrently, we will thoroughly search the local Registrar’s Index of Names for the availability of your desired company name and reserve it. The company name has to be unique and not in use by another business.

Step 2 : Registration

• Appoint directors and shareholders: A company in Panama must have at least one director and one shareholder, who can be individuals or corporate entities. Additionally, a local registered agent is required. We can provide resident nominee directors, shareholders, registered agent if necessary.

• Completing all documents: Subsequently, we will collect information and assist you with the necessary documentation and registrations with the relevant authorities for your Panama entity.

Step 3: Additional Services

✓ Providing Nominee Services (Director / Shareholder)
Opening of a Corporate Bank Account with International Banks
Providing a Local Address or Serviced Office 
✓ Obtaining a Business License (if necessary)

Step 4 : Delivery

And you’re done! After the successful incorporation of your new Panama entity, you are all set to carry out business worldwide. We will courier over the relevant incorporation documents to your preferred address for your safekeeping. Time of delivery varies depending on your location.  

Frequently Asked Questions on Panama Offshore Companies

The benefits of an offshore company in Panama include tax optimization, asset protection, privacy, a fast and easy incorporation process, a developed financial services sector, a stable political and economic environment, flexibility, anonymous ownership, and legal protection.

The requirements for incorporating an offshore company in Panama include having at least one director and one shareholder, having a registered agent in Panama, having a registered office in the country, and filing annual financial statements with the Panamanian government.

There is no corporate income tax in Panama and low personal income tax rates. Additionally, Panama has no taxes on dividends, interests, and capital gains, and no taxes on foreign-sourced income.

No, there are no public records of shareholders and directors of offshore companies in Panama, providing an added level of privacy and confidentiality.

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Your Business In Panama Made Easy

Ready to incorporate in Panama? Talk to our experts today and get your Panama company up and running in no time!