BACK TO EXPLORER
🇵🇦

Panama

Americas · PA · PAN
25.00%
CORP TAX
6.5/10
TRUST
3/5
BANKING
3–10 days
SETUP
$2,160
AVG COST

TAXATION

Corporate Tax25.00%
Capital Gains Tax0.00%
VAT / GST7.00%
Territorial TaxationYes
Tax Treaties16

FORMATION

Govt Registration Fee$300
CSP Fee (Low)$1, 500
CSP Fee (High)$4, 000
Timeline3–10 Days
Min Directors3
Min Shareholders2

BANKING & COMPLIANCE

Banking Ease3/5
Privacy Index8

SUITABILITY SCORES

Overall Trust6.5/10
Holding Company7/10
Trading Company6/10
IP Holding5/10
Startup5/10
Crypto6/10
Asset Protection8/10
Top IndustriesShipping, Banking, Commerce, Tourism

incorporator AI Assessment

AUTOMATED ANALYSIS · PANAMA
GOOD

Panama is a Americas jurisdiction offering moderate corporate tax at 25% with strong reputation (trust score: 6.5/10). Company registration typically takes 3–10 days with formation costs ranging from $1500.00 to $4000.00. Banking ease is rated 3/10. The jurisdiction operates a territorial tax system.

ADVANTAGES
  • +Territorial taxation system — foreign income not taxed
  • +Strong asset protection frameworks
  • +High privacy standards for beneficial owners
  • +Fast company registration process
DISADVANTAGES
  • Relatively high corporate tax rate
  • Challenging banking environment for foreign companies
BEST FOR
Holding companiesAsset protectionPrivacy-focused structures
RISK FACTORS
Difficulty opening and maintaining bank accountsRegulatory changes may affect tax and compliance obligations

AI-GENERATED ASSESSMENT · NOT LEGAL OR FINANCIAL ADVICE · VERIFY WITH QUALIFIED PROFESSIONALS

ENTITY TYPES

Corporation
S.A.
limited

Flexible entity with pass-through taxation and liability protection.

Timeline: 4–25d
Compliance: low
Min shareholders: 1
Min directors: 1
HoldingTradingIPCrypto
Limited Liability Company
S.R.L.
limited

Standard corporation structure for venture-backed companies.

Timeline: 3–23d
Compliance: high
Min shareholders: 1
Min directors: 1
HoldingTradingIP
Private Interest Foundation
PIF
unlimited

Simplest business structure for individual entrepreneurs.

Timeline: 3–19d
Compliance: low
Min shareholders: 1
Min directors: 1
Trading

INCORPORATION PACKAGES IN PANAMA

S.A. Basic Package

$2,000
FORMATION
$600/yrTotal 1st yr: $2,732 9d
Reg. Address Name Check

S.A. Basic Package

$1,410
FORMATION
$423/yrTotal 1st yr: $2,045 14d
Reg. Address Name Check

S.A. Basic Package

$1,058
FORMATION
$317/yrTotal 1st yr: $1,680 12d
Reg. Address Name Check

S.A. Basic Package

$4,689
FORMATION
$1,407/yrTotal 1st yr: $6,496 7d
Reg. Address Name Check

S.A. Basic Package

$663
FORMATION
$199/yrTotal 1st yr: $1,036 4d
Reg. Address Name Check

S.A. Basic Package

$4,851
FORMATION
$1,455/yrTotal 1st yr: $6,492 6d
Reg. Address Name Check

S.A. Basic Package

$1,323
FORMATION
$397/yrTotal 1st yr: $2,160 9d
Reg. Address Name Check

WRONG INFORMATION?

Help us keep our jurisdiction data accurate. Submit corrections or suggestions and we'll review them promptly.

SHARE THIS PAGE