A Pre-eminent, Streamlined Incorporation Service That Has You Up And Running
In 5 To 8 Working Days.

Simple. Convenient. Professional.
Just US$1299 All Told.

Procedure
The corporation law of the Republic of Panama provides that any two natural persons acting as the organisers, and the subscribers, may appear before a Notary Public to organise and constitute a corporation (In Panama, Public Notaries govern most entities under the direction of a government institution).

It is the usual practice for natural or juridical persons outside of Panama to accomplish the formation of a Panama corporation through a local Panamanian law office, a trust company, or a professional management services firm. For the purpose of drafting necessary documents, the following simple information and particulars are supplied by the client for the incorporation:

Name. A preferred name expressed in any language, with two alternatives, in the event that the desired name may conflict with a name already in use. The name must also include a corporate ending such as "S.A" (Anonymous Society), "Corporation" or "Corp", "Incorporated" or "Inc.", "Limited" or "Ltd." to clearly denote that it is an incorporated company.

Objects. While the standard "Articles of Incorporation" for a Panama corporation intentionally provide a very broad scope of activities, it is not unusual to include one or more articles which deal specifically with the client's intended objectives.

Capital. The capital of a Panama corporation is expressed as "Authorised Capital", and there is no minimum capital that must be paid in. Unless there is a compelling reason to the contrary, it is standard practice to specify an authorised capital of US$10,000.00, represented by 100 common voting shares having a par value of US$100.00 each, or to express the capital as being 500 common, voting "No Par Value Shares". In either case, the nominal capital registration tax (payable once only) is US$60.00.

Shares. Shares may be used to "Bearer", or in "Nominative form. Preferred, Class A, Class B, voting, non-voting and other shares structures are also permitted.

Organisers. Local nominees usually act as the organisers and subscribers for incorporation purposes.

Directors. A minimum (with no maximum) of three directors is required. These may be of any nationality, residence or occupation. It is general practice to employ local nominees for this purpose. Juridical persons (other corporations or entities) can also act as directors.

Officers. A President, a Treasurer, and a Secretary are required. These may be natural or juridical persons. There are no requirements as to nationality, residence or occupation. While one person may hold more than one office, it is customary that the President should not also be the Secretary. One of the officers is usually named Vice president. There may be as many Vice presidents as required. Managers may also be named, if desired. Local nominee directors and officers are customary.

Domicile. A Registered Agent domiciled in Panama is required, and by law must be a practising lawyer or law firm. The domicile of registry is not necessarily the domicile of "Business". The owner of the corporation may have the company´s business domicile anywhere in the world. Incorporating and Management Firms usually name their own lawyer as the Resident Agent.

Duration. The corporation may have a limited or unlimited life; however, it is customary for the "duration" to be perpetual.

Time of Incorporation. Time incorporation can be anywhere between 5 to 8 working days. "Off-the-Shelf companies are also available, either immediately, or in 2 to 3 days. Off-the-Shelf companies are usually more expensive than new ones as they are already in existence.

Corporate Seals and Minutes Books. Both Corporate Seals or Minutes Books are not required, especially if the corporation does not operate in Panama. The owner or his/her client may want to create their own seals, and carry their own books in the corporation's place of business.

Charges and Fees. The all-in cost for formation of a standard format Panama corporation will vary depending upon the agent retained by the client for the purpose. It usually includes cost for incorporation, issuance of a Power of Attorney, Share Certificates, Certificate of Incorporation with Apostille, Nominee Directors for one year, Resident Agent for one year, and registered office.

Why A Panamanian Offshore Corporation, Trust Or Foundation?

International investors, financiers and businessmen find Panama to be an ideal foreign base country for world-wide operations and transactions.

Our incorporation agent is an international corporate consulting and fiduciary firm that provides the continuous, professional administration of offshore corporate and individual business affairs on behalf of clients world-wide. Their personnel and associates are multi-lingual, experienced professionals of undoubted discretion, technical expertise, and business acumen.

Their services and facilities are designed to achieve the client's objectives in the shortest time-frame at reasonable cost. Personal attention, customised long-term relationships, and the tailoring of each structure to the client's specific needs, is their special forte. Headquartered in Panama, their knowledge and experience allows them to assist a client with the corporate affairs that best suit his/her interests. Management responsibilities can also be carried out from their head office in Panama.

The Incorporation Process

We will initiate the process of incorporation for you when we have received your order form, together with your payment. The process of incorporation will take between 8 to 15 working days, after receipt of payment.

The incorporation package comes complete with Articles of Incorporation, Certificate of Incorporation with Apostille, notarised Power of Attorney, Nominee Directors, Bearer Share Certificates, Minutes of Board Resolution, Letters of Resignation from Directors, Courier delivery to you.

English Translation or documents not included. Extra US$100.00 if required).

Renewal fees are US$150.00 per year per corporation payable by the date of anniversary of incorporation.

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Should you require more information and the latest updates on Panamian offshore corporations and/or trusts, please email place the words PANAMA CORPS, in caps in the subject line of your email.