Incorporation Costs

Our total cost for the incorporation of a company in Panama, including the Articles of Incorporation, the Certificate of Good Standing and its respective translations into English language, all documents duly authenticated and delivery in your office is US$950.00 (plus local taxes).

This cost includes expenses such as:

• Notaries fees
• Capital Registration Tax on the basis of authorized capital of US$10,000
• Resident Agent fee
• Authentications Legal fees
• Power of attorney included in the Articles of Incorporation (if requested)
• An English Translation of the Articles of Incorporation
• Two certificates of shares issued to the bearer or nominative
• Certificate of good standing of the corporation translated into English
• Courier expenses
• Annual franchise tax payment of US$250 in concept for the first year of incorporation
• Click here for the list of documents included in our package

Nominee Directors Services:

Our office can appoint the three Directors-Officers required by Law, in this case there shall be an additional charge of US$300 ($100 for each Director appointed).

General Power of Attorney:

When using a Nominee Board of Directors you will require a General Power of Attorney in order to control and act on behalf the corporation. In this case, it is suggested to issue this document through a separate document, duly authenticated by Apostille. Said Power of attorney will grant you power to open bank accounts, sign contracts or make any other business activities on behalf of the corporation. There is an additional charge of US$100 for this document.

In order to proceed we will require the following:

1. Three possible names of the corporation in order of preference
2. The name and address of the President, Secretary and Treasurer. (if you are going to appoint them)
3. ID or Passport Copy of the Directors – Officers. (if you are going to appoint them)
4. Your courier address and phone number where corporate documents shall be sent
5. When using Nominee Directors, the name and passport copy for our private files of the person that will be appointed for the general power of attorney
6. Inform if you require the corporation shares issued in nominative form or to the bearer form
7. To transfer for the cost of the incorporation of the company to our Bank Account. The payment can be made also with Visa or MasterCard credit cards or Western Union

Procedures Time Frame:

Once we receive the confirmation that the funds were transferred to our account, we will initiate the incorporation procedures and will send you the corporate documents by courier in approximately five business days.