Own an entity in Panama Sociedad Anónima within 48 hours! Instantly incorporate with model or tailored articles, select your preferred registered address, and appoint your local agent to activate your company.
REQUIRED: BUSINESS REGISTRATION
Our incorporation pack includes name check and application, draft of Memorandum and Articles of Association, Subscriber Minutes, First Director Minutes, Share issuance/certificate and preparation of the company Registers based on one shareholder. RECOMMENDED ADD-ON: For a flat rate of USD 2,000, we help you tailor your constitution and shareholder agreement to your specific needs.
ADD-ON: Extra shareholder due diligence
We can add extra shareholders to your Panama Sociedad Anónima and onboard them including full due diligence for only USD 250 per additional shareholder.
ADD-ON: Issuance and Custody of Bearer Shares
Upon formation, a Panama S.A. can issue bearer shares which will be custodied by your local agent in Panama, who are the only party required to keep an internal register of who holds the bearer shares of your company, without the requirement for filing with the registry.
ADD-ON: Fiat Bank Account in Panama
A fiat bank account is still a must-have for most businesses. Panamanian banks offer USD clearing and a Panama company with a minimum balance of USD 5,000 on account also gets you residency in Panama.
Our Bank Account opening service helps you with the preparation and submission of the application to speed up the process of getting your entity all banked in Panama. Our fee is capped provided we can obtain all necessary KYC documents from you.
MUST HAVE ADD-ON: Crypto Exchange Account
Given that we have all entity documents and your Know-Your-Customer documents on file, it will save you significant cost and effort if we apply to open a crypto exchange account on your behalf.
NOTE: Our account opening service is on a best-effort basis and subject to the ultimate discretion of our exchange partners and availability of the exchange in your chosen jurisdiction.
2. Annual Maintenance
Annual maintenance of your company is paid for each year in advance and includes a registered agent and address for your company, and its annual filing. Add-ons include corporate shareholders, nominee services, and accounting services.
REQUIRED: REGISTERED AGENT AND LOCAL ADDRESS
For only USD 600 per year, we provide you with local agent and registered address for your Panamese company.
Fully Encrypted File Sharing
No more private documents attached to insecure emails! For enhanced privacy and as a precaution against identity theft, we require our clients to use a snoop-free, end-to-end encrypted Tresorit™ folder to upload and share sensitive documents with us. We also use the folder to securely store all documents in relation to your entity.
REQUIRED: ANNUAL FRANCHISE TAX
Based on an authorized capital of up to USD 50,000.
ADD-ON: Corporate Secretarial Services
For only USD 800 per year, we provide you with local secretarial services to your company. This includes custody of corporate books, maintenance of documents and registers, and receipt and scanning of mail items.
ADD-ON: Corporate Nominee Director
Panama limited companies need three directors. You can appoint your own directors who can also be from abroad and/or be corporate entities. Alternatively, you can appoint Nominees provided by Otonomos, creating an extra layer of distance between you as controller and the company. Our Corporate Directors act under a general power of attorney. RECOMMENDED ADD-ON: Add a special power of attorney to have your Nominee act on specific, ad hoc instructions such as bank or crypto transactions.
ADD-ON: Nominee Shareholder
Our Nominee Shareholder service offers privacy and asset protection. Whilst a Nominee Shareholder would still require you to comply with KYC as the company's Ultimate Beneficial Owner, it does offer privacy and can shield assets from preying eyes and/or creditors.
ADD-ON: Annual Regulatory Reporting
The Annual Regulatory Reporting provides for an annual FATCA and/or Common Reporting Standards report if required.
ADD-ON: Financial statements
From USD 2,000 per year, we will arrange for the preparation of your annual financial statement if required.
3. Pay-as-you-go services
Benefit from ancillary services for your company such as access to our team of legal and tax experts, all paid for on a pay-as-you go basis and cancellable anytime.
ADD-ON: Advice on entity structure
For only USD 5,000 per year, enjoy online access to our Preferred Partners for specific Tax and Legal advice to help you with your cascade of entities and how an entity in Panama can act as a key piece in your overall setup.