Please find the most recent information by visiting the following link: https://www.bizlatinhub.com/register-onshore-company-panama/ Establishing a company in Panama is the first step in beginning commercial operations in the region. As many foreign businesses are aware, Panama offers a great jurisdiction for business large and small. The region has an attractive fiscal system, free trade zones and thriving service sector. Additionally, the strategic importance of the Panama Canal cannot be overlooked. These factors create the ideal conditions to form a corporation. It is no surprise that Panama is the registered domicile for over 500,000 corporations.

1. How to Form a
Company in
Panama?
www.bizlatinhub.com

2. Why
Incorporate
a Company
in Panama?
Exciting
Business
Opportunities
Political
and Economic
Stability
Low
Value-Added
Tax (VAT)
Access to
global markets
Strong
GDP growth

3. Types of Legal Entities
Corporation
Limited Liability Company
Private Interest Foundation
Civil Partnership
The majority of companies
that are set up in Panama
are Corporations (Sociedad
Anónima – S.A.).
This presentation will
outline the process of
forming a Panamanian
Corporation.

4. Fact Sheet S.A.
Yes
Is foreign ownership allowed?
Yes
Can the company sponsor foreign employees?
No
Are there capital controls?
6 - 8 weeks once all
documentation is received
How long does it take? (including bank account)
No
Is there a minimum share capital?
1 Shareholder
What is the minimum number of shareholders?
Yes
Are a fiscal address and legal representation
required?

5. How to do it.
In order to successfully form your
company, you will have to follow the
steps outlined in this presentation.
There are 6 main steps involved in this
process.

6. Step 1
A POA is a legal document that enables
Biz Latin Hub to form the company on
your behalf.
Draft
and Sign a
Power of Attorney (POA)

7. Step 2
The company bylaws define a company’s
purpose and how it will operate.
Create the
Company Bylaws

8. Step 3
Before all required local, state and
national authorities.
Register
the Company

9. Step 4
The commercial license outlines the
company’s activities.
Obtain the
Commercial
License

10. Step 5
Register with the national tax authority
and obtain the company ID number
(RUC) and tax ID number (NIT).
Obtain the
Company and
Tax ID number

11. Step 6
You will have to open a corporate
bank account and deposit the
required capital to activate it.
Open
and Activate
a Corporate
Bank Account

12. Biz Latin Hub is a market leader in
helping individuals and companies to
successfully do business globally and has
multilingual services that are reliable,
tailored and responsive.
Our group is owned and managed by an
experienced team of local and expat
professionals, dedicated to assisting our
clients to navigate their way through the
complexities of the global business
environment.
We can help!

13. See how our services can support
your global expansion.
Legal Services
Commercial
Representation
Immigration

14. Are you ready to expand globally?
Contact us now.
contact@bizlatinhub.com
www.bizlatinhub.com