Business formation in Panama
If you are an entrepreneur looking to broaden your business horizons or a hopeful startup founder interested in new possibilities, Panama is the perfect choice. This nation is dynamic and strategically located, ready for business expansion. Our customized business formation solutions will meet your specific requirements and guarantee a smooth entry into Panama’s thriving business environment.
The procedure of business formation
Our extensive range of services ensures that all aspects of business formation, including formalities and procedures, are fully covered. Whether it’s the initial setup or the drafting of legal documents, our team is equipped to manage the entire process so that you can direct your attention towards achieving your primary business goals.
1
Choosing the right business structure
We understand the importance of selecting the most optimal legal structure for your business. Whether you opt for incorporation, partnership, or sole proprietorship, our specialists provide personalized guidance to assist you in achieving your goals.
2
Drafting legal documentation
Our experienced experts create all the necessary legal paperwork, such as shareholder agreements, articles of association, and employment contracts, customized to fulfill the unique requirements of your company.
3
Bank account opening
To effectively handle financial transactions, receive payments, and make disbursements, it is necessary to establish a corporate bank account in the country.
4
Registering with authorities
Our experts will guide you through the bureaucratic procedures, taking care of all the required registrations like tax authorities, social security, and trade registers, to ensure adherence to Panama's legal system.
Timeline for business formation: setting expectations
The time it takes to set up a company in the country depends on the chosen type of business entity. Typically, it takes around 2-4 weeks to finish all the necessary procedures and establish a company.
Types of legal business structures in Panama
Our expertise lies in helping with the establishment of different types of companies, guaranteeing that your enterprise structure perfectly matches your goals.
Limited Liability Company (Sociedad de Responsabilidad Limitada)
Panama-based businesses often favor the Limited Liability Company as it grants owners limited liability protection. This entity's adaptable structure and simple establishment process make it a convenient choice for entrepreneurs. Our role is to assist you in the process of establishing your own Limited Liability Company in Panama.
Corporation (Sociedad Anónima)
The Corporation is frequently selected for bigger businesses in Panama due to its capacity to generate funds through public offerings and flexibility in transferring shares, providing notable benefits. Our team is available to help you with the registration procedure for your Corporation in Panama.
Branch Office
A branch office serves as a continuation of a main company, enabling it to operate in a different place while maintaining its original legal identity. For companies seeking to expand into Panama, establishing a branch office can be beneficial as it eliminates the requirement to establish a separate legal entity. By operating as a branch, the main company can utilize its existing brand reputation and resources while accessing new markets. We provide in-depth assistance to guide the complexities of establishing and overseeing a branch office in Panama, guaranteeing a seamless and compliant entry into the market.
Holding Company
A holding company is a strategic entity commonly used to control other companies by owning their shares. In Panama, creating a holding company can provide several advantages, including centralized management, risk diversification, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making processes, and optimize tax planning strategies. Our team of specialists offers personalized guidance and support in establishing and running a holding company in Panama, ensuring compliance with regulations and maximizing the potential of your corporate structure.
Our business formation solutions
We have two convenient choices available for setting up a business, designed to cater to your preferences and guarantee a seamless integration into the business environment in Panama.
Business formation online
Start the process of establishing your company online effortlessly, regardless of where you are or the time of day. Our committed team is available to assist you at every stage, offering individualized guidance based on your unique requirements. From submitting documents to monitoring progress, we guarantee a smooth experience through electronic tools and a user-friendly interface. Allow us to streamline the incorporation process for you, providing expert assistance as you build your business with just a few simple clicks.
Business formation remotely
Let us take care of all the documentation and legal procedures on your behalf. Our skilled team in Panama will handle the complete process, enabling you to concentrate on your primary business operations.
Contact us
Are you prepared to start your business venture in Panama? Do not attempt to handle the complications on your own. Get in touch with us for skilled support and customized strategies to simplify the process of forming your company. Our team of knowledgeable experts is ready to assist you at every stage, guaranteeing a smooth and triumphant entry into the thriving business landscape of Panama. Let’s collaborate to turn your company objectives into actual accomplishments.
Ready for the next step
Accelerate your business growth while we take care of everything else.