If you are convinced that a Panamanian Corporation is for you, read the procedure below to form your company in Panama. You have to contact us to confirm your email address and send the application that is listed below.
- Personal Information.
- Select the name (s): In the application, you should indicate three name choices for each company. You can not use words Bank's, Trust, Assurance in the name of your company. The names of the Company may be in any language and must include one of the following corporate suffixes:
• Inc.
• Incorporated
• Corp.
• Corporation
• S.A.
Note: For "S.A." in Spanish means "Society Anonymous". This is just another form of "Corp." or "Inc." in Spanish.
Once you have submitted the application including the name (s) of your (s) company (ies), we check to see if those names are available in the Public Registry of Panama. This can take us a few hours.
- Directors: In the application, you must indicate whether you want to name the directors of the company (ies). Every corporation in Panama requires 3 directors / officers (President, Secretary and Treasurer). The directors / officers can be either individuals or entities.
If our client is appointed as a director in a company, then your name will be publicly known as the name of the directors and identifications must be presented in the Public Registry when the corporation is formed. Generally, the only document of public record is the Charter with the names and addresses of its directors / officers and Resident Agent (the registered agent is the attorney (s), or the firm or attorneys forming society).
We offer our clients the optional service of using our "Nominee Directors" for their (s) company (ies). For of confidential purposes, most of our clients prefer that we provide nominee directors / officers for their corporations. When we appoint nominee directors for the entities that we establish for our clients, we always supply our customers with a letter of resignation of directors, previously signed and undated, so that our customers can replace those directors at any time. No additional charge for the use of nominee directors.
Otherwise, if the client prefers to appoint his own directors, he should simply complete the application with the names of the directors that he wishes to use (he also must send a photocopy of passports of directors).
- Share Certificates: In the application, customers should let us know how they want the share certificates be issued. Certificates can be issued in Nominative Form (to a person or a specific entity). It is not required that the beneficiaries of the company should be registered in the Public Registry.
- Estimated Time: A new company can be set in 5 business days.
("AplicationForm.pdf")
