Panama Company Formation
PANAMA COMPANY |
||
---|---|---|
Type of Entity: | SA – Sociedad Anónima SRL – Sociedad de Responsabilidad Limitada |
|
Type of law: | Panama Corporation Law 32 of 1927 | |
Incorporation time frame: | 2 days to 2 weeks | |
Minimum Government fees: | US$300 | |
Regular Corporate Income Tax: | 25% | |
Double Tax Treaty access: | No | |
Minimum issued share capital : | No minimum for SRL , and USD10,000 for SA | |
Minimum paid up share capital on incorporation: | 1 USD | |
Minimum number of Shareholders required: | Two (can be corporate) | |
Record in the Public register: | Foundation Charter | |
Minimum number of directors: | Three directors are required (can be an individual or a corporate), they must fill the following positions - President, Treasurer and Secretary. | |
Corporate directors permitted: | Yes | |
Local directors required: | No | |
Local Registered office required: | Yes | |
Auditor: | No | |
Protector requirement: | Optional | |
Disclosure of beneficial owner to Company Registrar: | Yes | |
Disclosure of shareholders: | No | |
Government register of directors: | No | |
Trading restriction: | Foundation cannot be dedicated directly to commercial activities | |
Taxation: | Yes (tax exemption for any activity or transaction executed abroad) | |
Tax residence to benefit from Tax Treaty network: | No | |
Exchange Control: | No | |
Financial statements: For registered foundations For non-registered foundations | No | |
Tax returns: | No | |
Accounting: | Yes |
We do our best to monitor the compliance of this jurisdiction with the latest international regulations set by OECD and other international institutions and countries.
At any moment, Damalion may decline any customer demand about this jurisdiction, at its sole discretion and without any obligation to provide any reason.
How to grow your business, protect your assets and wealth management?
Select a jurisdiction and see the details
— EUROPE —
Andorra
- Company
Austria
- Company
Belgium
- Company
Channel Islands
- Trust
Cyprus
- Company
- Trust
Czech Republic
- Company
Denmark
- Company
Estonia
- Company
France
- Company
Germany
- Company
Gibraltar
- Company
Hungary
- Company
Ireland
- Company
Isle of Man
- Trust
Liechtenstein
- Trust
Luxembourg
- Company
Monaco
- Company
Netherlands
- Company
Poland
- Company
Romania
- Company
Slovakia
- Company
Slovenia
- Company
Spain
- Company
Switzerland
- Company
Turkey
- Company
UK
- Company
— Americas —
Canada
- Company
— Central America —
Panama
- Company
- Foundation
- Trust
— Caribbean Islands —
Bahamas
- Trust
British Virgin Islands
- Company
- Trust
— Middle East —
Dubai
- Company
Israel
- Company
— Asia —
China
- Company
Hong Kong
- Company
Singapore
- Company
— Africa —
Mauritius
- Company
— Oceania —
New Zealand
- Trust
— USA —
Delaware
- Company
Florida
- Company
Nevada
- Trust
New hampshire
- Trust
New York
- Trust
South Dakota
- Trust
Wyoming
- Company
- Trust