For
over eighty (80) years the Panamanian Corporation ("Sociedades
Anónimas") have been recognized, worldwide, as a
corporate vehicle that can be successfully used in a variety of International
Business, Asset Protection, Estate Planning Structures, among others.
Particular features of Panamanian Corporations:
-
Incorporation
in 24-48 hours
-
Panamanian
Companies can be incorporated without regards to the nationality of its
directors and shareholders.
-
Incomes
generated by a Panamanian Corporation outside of the Panamanian territory are
tax exempted.
-
The
authorized capital does not have to be paid in full or partially.
-
There
is no need to file any financial reports or tax returns with any government
entity in the Republic of Panama, provided that the company does not receive
income from Panamanian source;
-
Legal
entities of any jurisdiction may act as directors, officers and shareholders of
a Panamanian Corporation.
-
There
is no need to hold annual meetings of Directors or Shareholders.
-
Directors
and Shareholders may attend to the meetings personally, by proxy, by phone or
by any other electronic means.
-
Three
(3) directors are required, either natural persons or legal entities.
-
The
officers (President, Secretary and Treasurer) do not have to be directors and
one person can occupy several or all offices. Physical persons or legal
entities can also be appointed as officers. Officers are not mandatory.
-
Shares
may be issued to the bearer or in nominative form. In any event, the name of the shareholder is
not required to be registered in the Panamanian Public Registry, thus, ensuring
total anonymity.
-
A
corporation can effectuate transactions and have assets in any part of the
world without the obligation of maintaining assets in the Republic of Panama.
-
Panamanian
Corporations are empowered by law to conduct any lawful act.
-
Absence
of exchange control.
|
FEES FOR REGISTRATION |
US$ |
|
One Panama S.A., door to door courier included |
$800,00 |
The aforementioned fee also
includes the following:
-
Verification of the proposed names for the company at
the registrar
-
Articles of incorporation
-
Certified translation to English of the articles of
incorporation
-
Certificate from the
registry
-
Certified translation to English of the certificate
from the registry
-
Share certificates
-
Share register
-
First minutes
-
Power of attorney
-
Undated and signed resignation letters from the
nominee directors
-
Subscription transfers
-
First year of the government fees
The nominee director service
is rendered free of any cost to you for the first year.
|
OPTIONAL SERVICES |
US$ |
|
Corporate documents
with Apostille |
$100,00 |
|
Twelve (12) months of Virtual Office (Mail forwarding from a |
|
|
PO Box in Panama) |
$350,00 |
|
Bank account
in: |
|
|
Panama |
$500,00 |
|
Bahamas |
$600,00 |
|
Belize |
$600,00 |
|
Cyprus |
$600,00 |
|
Seychelles |
$600,00 |
|
Nevis |
$600,00 |
|
St. Vincent and The Granadines |
$600,00 |
|
St. Lucia |
$600,00 |
|
Switzerland |
$600,00 |
|
Austria |
$600,00 |
|
RENEWAL FEES |
US$ |
|
With nominee director, registered agent and annual license fee |
|
|
payable to the government of Panama |
$650,00 |
|
Without nominee director, registered agent and annual license |
|
|
fee payable to the government of Panama |
$550,00 |