Steps to company formation - Panama

Complete our application form - Panama

Upload your documents
Your account manager will ask you for official documents which are required for your company formation.

Register your company successfully
Once your documents have been processed your company will be successfully registered.

Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.

Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
Panama Company
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.
Main Characteristics
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.
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 3 directors and 1 shareholder
Bearer shares
Bearer shares are permitted, however, SFM does not assist in registering companies with bearer shares.
Documents Required
for the Creation of the Company

Panama Company, ideal for:
* 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.
** 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.
Our Client Reviews
Our Testimonials Are Verified By Feefo, A Third Party Company
96%
Customer satisfaction rate, testimonials verified by Feefo.com
17-Jun-2014
Operationally, SFM's services are exact and precise. Communication with their employee in Dubai was clear and swift, all requests were made in an organized and well fomulated way.

Operationally, SFM's services are exact and precise. Communication with their employee in Dubai was clear and swift, all requests were made in an organized and well fomulated way.

08-Jun-2014
I think they should explain that off shore companies ant very easy to handle when it come to register in a tax office in any country etc The rest its good, the yearly expensives are not cheap

I think they should explain that off shore companies ant very easy to handle when it come to register in a tax office in any country etc The rest its good, the yearly expensives are not cheap

03-Jun-2014
The SFM staff is friendly and professional, I got very good personal care. Although in the beginning I had some difficulties to be assigned to a Corporate Service Officer afterwards everything was quick and smooth. I will continue to use their services and I will recommend their service to anybody interested in offshore services.

The SFM staff is friendly and professional, I got very good personal care. Although in the beginning I had some difficulties to be assigned to a Corporate Service Officer afterwards everything was quick and smooth. I will continue to use their services and I will recommend their service to anybody interested in offshore services.

01-Jun-2014
I've had a very good experience with SFM Offshore. I've been client of them for 3 years now. They always answer my requests in 24 hours. Mehmet, Turkey

I've had a very good experience with SFM Offshore. I've been client of them for 3 years now. They always answer my requests in 24 hours. Mehmet, Turkey

01-Jun-2014
despite that the provide the service at the end of the day, however, there is significant delay and lack of prompt communication from SFM side.
also i have notices that there is a lack of coronation between SFM members, i have been been asked several times to submit documents already at their end, simply because i'm dealing with different persons.

despite that the provide the service at the end of the day, however, there is significant delay and lack of prompt communication from SFM side.
also i have notices that there is a lack of coronation between SFM members, i have been been asked several times to submit documents already at their end, simply because i'm dealing with different persons.

21-May-2014
Very professional team, particularly the legal counsel we have been dealt with, very sound compliance acumen.

Very professional team, particularly the legal counsel we have been dealt with, very sound compliance acumen.
