Company registration in Panama — offshore jurisdiction, international business, zero reporting, tax benefits, IBC company, full confidentiality, remote setup, foreign bank account, legal address, Finextwin support

Advantages of a Panama company

Taxes
No tax on foreign income
Cost
Low cost of company registration and maintenance
Fast registration
Company set up takes 6 working days remote
Data protection
Owner information is not published in the register

Jurisdiction overview: Panama

Panama is an independent and neutral jurisdiction with flexible corporate legislation, ideal for international structures, holding companies, logistics, online services, and asset protection. Company registration in Panama remains in demand due to its ease of administration, strong confidentiality, and exemption from taxation on foreign-sourced income.
The most common legal form is the International Business Company (IBC), also known as a Sociedad Anónima (S.A.). Only one director and one shareholder are required, and both can be non-residents. Physical presence in Panama is not required. The standard authorized capital is $10,000 – declared but not necessarily paid.
Companies that do not operate within Panama are fully exempt from income tax. There are no requirements for financial reporting or audits if the company conducts no local business. This makes Panama a practical choice for owning foreign assets, structuring international settlements, or building holding models.
A Panamanian company can be used to open international bank accounts, own property abroad, sign cross-border contracts, or manage intellectual property rights. The country operates under a civil law system, offers a flexible regulatory environment, and does not participate in the Common Reporting Standard (CRS) – ensuring a high level of confidentiality.

Main features of the jurisdiction

  • Legal system: Civil law system; strong corporate legislation
  • Currency: Official accounting is in US dollars (USD)
  • Taxes: Income earned outside Panama is not subject to taxation
  • Reporting: No financial reporting or tax filing is required if the company operates exclusively outside Panama
  • Confidentiality: Shareholder and beneficial owner data is not disclosed; only the register of directors is public
  • Regulators: Registro Público de Panamá (Public Registry), Dirección General de Ingresos (Tax Authority)

Panama is particularly suitable for international companies seeking full confidentiality, flexible management, and legal tax neutrality.

Requirements for company founders

Available form: International Business Company (IBC)
This is the most common and flexible legal form with no limitations on activity types or client geography. The company can be used for international business, asset ownership, trading operations, and IP structures.

Who can be a founder:
  • Any individual or legal entity, regardless of nationality
  • One or more shareholders
  • At least three directors (can be non-residents or nominees)
  • Appointment of a company secretary is mandatory (usually provided as part of nominee services)
Also required:
  • A registered legal address in Panama (included in the service package)
  • Minimum declared share capital: 10,000 USD (no need to deposit)
  • No bookkeeping or audit requirements
  • No tax number required if the company does not operate within Panama
  • Completion of KYC (passport, address, ownership structure)

Choose your plan

Incorporation
Company name reservation
Preparation of the Articles of Incorporation
Appointment of directors (minimum 3)
Payment of government fees in Panama
Submission of documents to the Public Registry of Panama
Obtaining a Certificate of Registration
Company registration documents
in digital form
_________________________________________
Legal address
Registered legal address in Panama
for 1 year
Registered Agent
Appointment of an approved registered agent for official notifications
Registered agent services for 1 year
_________________________________________
Director / Shareholder
Nominee director / shareholder services for 1 year
Preparation of supporting documents
(Power of Attorney / Trust Declaration)
Get an offer
Incorporation
Company name reservation
Preparation of the Articles of Incorporation
Appointment of directors (minimum 3)
Payment of government fees in Panama
Submission of documents to the Public Registry of Panama
Obtaining a Certificate of Registration
Company registration documents
in digital form
_________________________________________
Legal address
Registered legal address in Panama
for 1 year
Registered Agent
Appointment of an approved registered agent for official notifications
Registered agent services for 1 year
_________________________________________
Director / Shareholder
Nominee director / shareholder services for 1 year
Preparation of supporting documents
(Power of Attorney / Trust Declaration)
Get an offer
Incorporation
Company name reservation
Preparation of the Articles of Incorporation
Appointment of directors (minimum 3)
Payment of government fees in Panama
Submission of documents to the Public Registry of Panama
Obtaining a Certificate of Registration
Company registration documents
in digital form
_________________________________________
Legal address
Registered legal address in Panama
for 1 year
Registered Agent
Appointment of an approved registered agent for official notifications
Registered agent services for 1 year
_________________________________________
Director / Shareholder
Nominee director / shareholder services for 1 year
Preparation of supporting documents
(Power of Attorney / Trust Declaration)
Get an offer

Frequently Asked Questions

Everything you need to know before launching your business in Panama
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Contact us
  • +1 814 300 8857
  • info@finextwin.com
  • 367-375 Queen's Road Central,
    Sheung Wan, Hong Kong


Contact us
  • +1 814 300 8857
  • info@finextwin.com
  • 367-375 Queen's Road Central,
    Sheung Wan, Hong Kong




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