What is a Corporation?

It is a legal instrument that allows commercial activities and in turn ensures the distribution of the profits generated in proportion to the number of shares that each member represents.
 
Business Benefits: Commercial activities that make a Corporation outside the Panamanian jurisdiction are exempt from income tax.

Corporate Benefits: Preserves confidentially and almost anonymous the identity of its shareholders.
 
Assets Benefits: Shareholders have the opportunity to separate the activities and responsibilities of the corporation from the rest of his/her estate.

When a Corporation is useful?

  • To formalize the start of a business.
  • To become a holding company.
  • To reduce tax costs in transactions outside Panama.
  • To separate personal assets from business risks
  • To make business operations more anonymous

How to form a Corporation?

  1. Filling the attached (PDF Download Here)
  2. Sending copy of passports (shareholders and directors)
  3. Paying the invoice for the establishment the S. A

Corporations Additional Information

Requirements to constitute a Corporation

  • The name of the Corporation
  • The name and address of the subscribers
  • The objects which may engage the corporation
  • The social capital, amount, shareholding distribution and classes of shares, etc.
  • The duration of the corporation, which can be perpetuate
  • The name and address of the directors and officers
  • The name and address of the resident agent

Requirements to constitute a Corporation

  • The name of the Corporation
  • The name and address of the subscribers
  • The objects which may engage the corporation
  • The social capital, amount, shareholding distribution and classes of shares, etc.
  • The duration of the corporation, which can be perpetuate
  • The name and address of the directors and officers
  • The name and address of the resident agent

Jurisdictions

  • Bahamas
  • Belize
  • BVI
  • Panamá