In each anniversary of the date of incorporation the company must pay US$300 for the Annual Franchise Tax to the Panamanian Government.
In addition, US$200 shall be paid to our firm for Resident Agent fees. In case of Directors / Officers appointed by our Firm, there is an annual fee of US$100 for each Director appointed.
Total Annual Maintenance Cost
- Annual total cost including nominee director services;US$800.00 (plus local taxes)
- Annual total cost when appointing your own directors; US$500.00 (plus local taxes)
Payment Alternatives:
The annual maintenance payments can be made via Bank Transference, Visa / MasterCard credit cards or by Western Union or similar companies.
We will send you a reminder and take care of the payment to the Panama Government.
Our Firm will take care of paying the above taxes to the Panama Government. Usually a reminder note via email is sent a month or so before the date due in order to have your corporation in good standing with its annual payments.
