11. Renewal of Panama Corporation:
Renewal for Panama Corporations will fall depending on the date of incorporation as per below:
|Company Anniversary date between:||Due date:|
|January to June (1st half)||Before July – 31st|
|July to December (2nd half)||Before December – 31st|
In case of late renewal, government and service charges shall be applicable for late payment of it’s annual license.
Latest valid passport copy and recent utility bill for address proof of shareholder/director are required to be submitted at every renewal as a part of enhanced due diligence. If shareholder is a corporate entity, then latest certificate of incumbency and above stated docs of directors would be required.
12. Documents Required in Setting Up a Panama Corporation:
KYC Documents for individual Director/Shareholder:
KYC for Corporate Director/Shareholder: