Panama IBC corporations

Panama IBC Incorporation Costs

Transparent legal fees and document costs for incorporating a Panama IBC through our law firm.

Clear incorporation costs, handled by a Panama law firm

Incorporating a Panama IBC requires legal drafting, notary and registry filings, certified corporate documents, apostilles, translations, and delivery. Our incorporation package is designed to provide the core documents and first-year obligations needed to establish the company properly.

Fees are quoted in USD and effective as of 2026. They may be updated if official or courier costs change.

Our incorporation service is designed for clients who are looking for a structured legal incorporation process. It includes the orderly preparation of the documents, handling of the registry process, initial coordination with the Resident Agent and a structure that can be properly maintained after incorporation.

Incorporation options

Our standard Panama IBC incorporation package includes first-year resident agent, first-year annual franchise tax, certified corporate documents, apostille, English translations, and DHL delivery.

Client-appointed directors
For clients appointing their own directors and officers.
US $1,300
Nominee directors + Power of Attorney
Includes nominee director service and a separate apostilled General Power of Attorney.
US $1,905

What is included

  • Articles of Incorporation.
  • Notary, registry, and legalization legal fees.
  • Capital registration tax based on authorized capital of USD 10,000.
  • First-year resident agent fees.
  • First-year annual franchise tax payment of USD 300.
  • Power of attorney included in the Articles of Incorporation, if required.

Certified documents and delivery

  • English translation of the Articles of Incorporation.
  • One or two nominative share certificates.
  • Certificate of Good Standing translated into English.
  • Documents certified by Apostille, where applicable.
  • DHL courier delivery to your office.

Documents included in the incorporation package

Our standard Panama IBC incorporation package includes the main corporate documents required to evidence the existence and good standing of the corporation, together with certifications, apostilles, English translations, and delivery by courier.

Standard package documents
  • Original public deed containing the Articles of Incorporation, issued by a Panama Notary Public, registered at the Panama Public Registry, and certified by Apostille.
  • Official English translation of the Articles of Incorporation, certified by Apostille.
  • Certificate of Good Standing issued by the Panama Public Registry, certified by Apostille and translated into English.
  • One or two nominative share certificates.
  • Assignments of subscription of shares.
  • Initial minutes.
  • Official government receipt for the first annual franchise tax payment of USD 300.
Additional documents when nominee directors are appointed
  • Power of Attorney in English or Spanish, issued by the Board of Directors, notarized and certified by Apostille.
  • Three pre-signed resignation letters from the members of the Board of Directors.
  • Declaration of Indemnity to be signed by the client/shareholders.

Nominee directors

If requested, our firm can appoint the three directors/officers required by Panamanian law. This service requires a declaration of indemnity and is subject to due diligence approval.

Additional fee: US $450.

General Power of Attorney

When nominee directors are appointed, clients commonly request a separate apostilled General Power of Attorney to manage the corporation, open bank accounts, sign contracts, and act on behalf of the company.

Additional fee: US $100.

What we need to begin

To start the incorporation process, we must receive the required forms, identity documents, due diligence information, and payment confirmation.

Basic requirements

  • Incorporation order form.
  • Due diligence form for each shareholder or beneficial owner.
  • Director due diligence form, if directors are appointed by the client.
  • Passport or ID copies for shareholders, beneficial owners, directors, and representatives, as applicable.
  • Address confirmation document, such as a utility bill or bank statement.
  • Payment of incorporation costs by bank transfer or card.

Not included

  • Bank account opening services.
  • Annual renewals after the first year.
  • Tax advice, legal opinions, or special corporate documents not listed in the package.

Next steps

  1. Submit forms and due diligence documents.
  2. Confirm payment of incorporation costs.
  3. Our firm completes due diligence checks.
  4. We initiate incorporation and prepare the documents.
  5. Certified documents are apostilled and delivered by courier.

Related structure

Private Interest Foundations in Panama

Foundations may complement corporate structures when an additional estate planning layer is needed.

Ready to incorporate a Panama IBC?

Contact our team to confirm availability, due diligence requirements, and the documents needed to begin.

Related IBC pages

Elements   |   Main Uses   |   Advantages   |   FAQ

Incorporation Costs   |   Annual Maintenance Costs   |   Accounting Records

Contact

Contact us to discuss your legal needs in Panama.

OUR OFFICE

Advanced Tower, 1st Floor
Panama City, Panama.
In the Banking District, next to Hyatt Regency Panama City.

CONTACT US

+507 264.5570 | 264.5931
[email protected]
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