I would like to receive more information about founding a company in Panama
Why Panama is Ideal for Your Business Formation
This page guides you through the benefits, steps, and key aspects of starting a business in Panama. A strategic location, low tax burden, business-friendly regulations, and territorial taxation are just a few of the reasons why Panama is the ideal place to establish your company.
Discover why Panama is considered one of the most attractive countries for entrepreneurs and investors:
Tax Benefits
Companies in Panama do not pay taxes on income generated outside of the country. This regulation makes Panama particularly attractive for international trade and service companies. The system of territorial taxation also makes Panama an extremely appealing location for entrepreneurs in e-commerce, consulting, coaching, and advisory services.
Strategic Location
With its connection between North and South America and access to global markets through the Panama Canal, the country serves as a hub for international trade and logistics.
Easy Company Formation
The process of starting a business in Panama is efficient and straightforward. With the right guidance, a company can be registered within just a few days. We can also handle the entire company formation process remotely for you, if desired.
Stable Economy and Currency
Panama uses the US dollar as its official currency, providing international investors with stability and predictability.
Confidentiality and Anonymity
Panamanian companies enjoy a high level of discretion and confidentiality. The names of shareholders are not made publicly available.
I would like to receive more information about founding a company in Panama
The Most Popular Types of Companies in Panama
In Panama, there are various types of companies that can be chosen depending on the business goal. The most common forms are:
Sociedad Anónima (S.A.) – Corporation
Suitability:
Ideal for international business, holding companies, or asset management.
Advantages:
No tax liability on foreign income, flexibility in structuring, and confidentiality.
Minimum Requirements:
Two shareholders and a minimum capital of $10,000 (no direct deposit required).
Limited Liability Company (LLC)
Suitability:
Perfect for smaller businesses or local enterprises.
Advantages:
Liability limited to the company’s capital, with easy formation and management.
Offshore-Company
Suitability:
Suitable for entrepreneurs who intend to run their business globally but do not plan any local activities in Panama.
Advantages:
Tax exemption on foreign income and simple incorporation process.
Free Zone Companies – Companies in Free Trade Zones
Suitability:
Ideal for businesses involved in manufacturing, logistics, or trading that benefit from tax incentives and import/export operations.
Advantages:
Tax exemptions, reduced customs duties, and other financial incentives for businesses operating within the free trade zones.
The Steps to Company Formation in Panama
The process of starting a business in Panama follows clearly defined steps. Here is an overview:
Consultation and Planning
First, the appropriate company structure is chosen based on your business goals.
Registering the Company Name
The name of your company must be unique and registered with the relevant authority.
Drafting the Articles of Incorporation
A written agreement outlining the company's structure and rules is drafted and finalized to your desire by a lawyer.
Registration with the Commercial / Public Registry
The company is officially registered with the Panamanian Commercial Registry.
Registration with the Tax Authority
If the company plans to engage in taxable activities in Panama, registration with the tax authority is required.
Opening a Bank Account
Opening a local business account to handle payments and revenue.


I would like to receive more information about founding a company in Panama

Why Weyermann Advisors & Partners?
Starting a business in a new country may seem complex, but with the right support, it can be a successful and straightforward experience. Weyermann Advisors & Partners will guide you with expert advice, tailored solutions, and long-term support. We understand local laws, develop strategies tailored to your needs, and assist you with management, taxes, and expansion even after your company is established.
Panama offers a unique opportunity to establish your business in a stable and growth-oriented environment. Whether you want to expand your operations, protect assets, or take advantage of tax benefits – Panama is the ideal place to bring your vision to life.
Contact us today, and we will help you start your success story. Together, we will lay the foundation for your business success in Panama!
Starting a Foundation in Panama
A private foundation in Panama not only offers maximum protection for your assets but also flexibility in management. Learn how these legal structures can be used to secure your family’s wealth and support future generations. Our partners and experts will guide you through the entire process – from formation to the management of your foundation.