With its stable economy and investor-friendly legal environment, Panama is one of the most attractive destinations for international business.
In particular, the Panamanian corporation (Sociedad Anónima) is a favorite structure for foreign investors due to its flexibility and privacy.
What Is a Panamanian Corporation?
A Panamanian corporation is a legal entity separate from its shareholders, who have limited liability. It offers several advantages:
- Privacy: Shareholders’ identities are not publicly disclosed.
- Flexibility: These companies can engage in a wide range of business activities.
- Stability: Panama’s legal framework is predictable and investor-friendly.
- Favorable Tax Treatment: Multiple incentives are available for businesses.
Requirements for Incorporation
To set up a corporation in Panama, the following steps are necessary:
- Unique Company Name
- Defined Corporate Purpose
- Share Capital: Minimum capital must be subscribed and paid
- Registered Address in Panama
- Resident Agent: At least one Panamanian resident lawyer
- Board of Directors: Minimum of three directors (natural or legal persons)
- Shareholders: No minimum limit
How BGP Legal Can Help
At BGP Legal, our experienced legal team assists foreign investors in the full incorporation and management of Panamanian corporations. Our services include:
- Company formation
- Ongoing legal advisory
- Resident agent management
- Preparation and filing of financial statements
- Regulatory compliance
Contact us today for a free consultation and start building your business in Panama with confidence.
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