Main changes impacting offshore companies and foundations.
Panama Corporation / Private Foundation Law:
Type of structures preferred for international transactions:
Capital requirements:
Costs to incorporate, excluding government fees:
Annual fees paid to authorities:
The taxation of companies:
Method of Incorporation:
Who may incorporate?
Procedure for making changes in the corporation?
Length of time to incorporate a new company?
Minimum shareholders:
Registered office:
Can the registered agent be a bank/ lawyer/ accountant’s office?
Directors and Secretary:
Must a director/ secretary be resident from Panama?
Are Corporate Directors allowed?
Appointee directors/ secretary possible?
Beneficial Owner Registry:
Annual returns / Accounting Records:
Must financial statements of a company be audited?
Is disclosure of profits required by filing balance sheets with annual returns?
Privacy of the information / Disclosure of company or foundation information.
How, if any, is migration into and out of the jurisdiction achieved?

Migration of foreign companies and Private Foundations to Panama is allowed. Migration out of Panama depends on new jurisdiction. Companies and Private Foundations remain effective in Panama if not dissolved in Panama.