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How it Works?

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How it works?

How it works?

Upload your personal documents
Company gets registered
Additional services such as Bank account are processed
receive your company documents by courier
 

Banking Options

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Panama Company
Good to Know
Panama enjoys 0% Taxation, no auditing and no paid up capital requirement.

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.
Main Characteristics
Company type
Sociedades Anonima (S.A.)
Governing corporate legislation
The Panama Supreme Court of Justice is the governing authority and companies are regulated under the Law 32 of 1927.
Information published relating to company officers
Upon 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.
Confidentiality
Panama offers a high level of anonymity and privacy.
Accounting requirement
No, unless business operations are conducted in Panama
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.
Renewal Date
Anniversary date of the company / Each Year
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 the Creation of the Company
A certified copy Certification of the passport can be made by a notary, bank, lawyer or accountant. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport (or identity card), as well as proof of domicile dated less than three months.**







Jurisdiction News


Panama TAX incentives for established companies updated

13 March 2019
Law No. 66 of 13 December 2018, relating to the tax incentives for companies established in the Panama-Pacific special economic zone, modifies Law No. 41 of 2004.[..]
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PANAMA ECONOMY TO GROW 6% PER YEAR IN 2017-2020 - MOODY’S

8 January 2017
Panama will record strong economic performance between 2017 and 2020, with annual growth rates of 6%, Moody’s Investor Service have forecast. [..]
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Panama City Leads Region in World Bank Business Survey

17 December 2014
Panama’s capital topped the World Bank’s first “Doing Business” ranking f[..]
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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.