Register your Company in Panama in 5 to 7 days (upon validation of your identification documents).*
Client confidentiality protection via secured systems.
Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
A dedicated manager is available throughout the year to administer your company.
Complete our order form and make the payment for your chosen services. You will then be assigned a client manager to assist you through the incorporation process.
Your account manager will ask you for official documents which are required for your company formation.
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
Our client portal will give you immediate access to all your documents as well as display your company structure.
Good to Know
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.
| 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. |
| Accounting requirement | No, unless business operations are conducted in Panama |
| Taxation | No taxes of any sort. While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability. |
| Legislation | Modern offshore legislation. |
| Standard currency | US$ |
| Time to form | Panama has an efficient registry: company formed in 3-4 days (upon validation of your identification documents). |
| 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. The standard share capital is USD 10,000 but can be amended to fit your requirements. |
| Renewal Date | Anniversary date of the company / Each Year |
| Basis of legal System | Under Civil Law. |
| Minimum directors/shareholders | Minimum of 1 Manager and 1 Member (shareholder). |
| Bearer shares | Bearer shares are permitted, however, GCM does not assist in registering companies with bearer shares. |
A certified copy 
of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months’ bank statement. All in original.**
Absolutely, offshore companies, also known as Sociedades Anonima (S.A.) formed in Panama are perfectly legal and are recognized internationally, and are able to open bank accounts.
No, Offshore companies formed in Panama are not subject to taxes on profit or capital gains.
While a company may not be subject to tax reporting to its local authorities, you should consult with your own tax, legal or accounting advisor to determine whether you are subject to tax in any other jurisdiction including the jurisdiction in which you are a tax resident.
No, travel is absolutely not required and all formalities can be completed remotely.
A minimum of 3 directors (President, Secretary and treasurer) should be appointed. They may be of any nationality and need not be residents of Panama.
GCM can provide directors as part of its service.
A minimum of 1 shareholder should be appointed.
Under civil law. Companies in Panama are regulated under the Law 32 of 1927. The Panama supreme court of justice is the governing authority.
No companies formed in Panama do not need to file any accounts
No paid up capital requirement. The standard share capital is USD 10,000 but can be amended to fit your requirements.
Company officer names will be appearing in the Panama public register, available for public inspection.
2 April 2020
12 February 2020
20 January 2020
* 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.
out of 5 stars
customer rating
Customer satisfaction rate, testimonials verified by Feefo.com
I was particularly well received by Christelle, the Managing Partner of the Dubai branch. GCM demonstrated great agility in their quotation process, which was crucial as I was leading a nascent structure in Dubai. The support provided during the administrative procedures for establishing my company in the UAE, along with the responsiveness of the service—especially from one of their team members, Oksana—truly reassured me and gave me confidence during a stressful period of establishing a professional presence abroad. I highly recommend GCM to any professional looking to set up in the UAE or even just to benefit from their advice.
The service renderade was proactive, engaged and well excecuted.
Service was excellent from start to finish. Anna Hochberg was always available to give advice and options and walk us through the process.
Transparent, efficient with very good communication flow. The result was a smooth and quick registration of a new company, exactly as required.
Panama is famous for its favourable taxation system, business-friendly climate, and well-developed infrastructure. It is also an international business hub that can serve as an attractive entry point into Latin American markets and beyond.
Company formation in Panama can be completed in as little as 3 – 4 days. To register a company in this jurisdiction, simply follow our 5-step process. Company registration will be complete once your documents have been validated.
Our services for this jurisdiction include a local agent (available year-round to ensure your offshore entity keeps running smoothly), preparation of company registration forms, and a dedicated client service specialist to guide you throughout the process.
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