Panama Corporation

Documents required for Panama Corporation

For Individual

• Passport – original to be verified personally in our office, otherwise client can provide an original notarized copy of the passport
• Proof of address
• Bank reference
• Detailed CV
• Professional reference letter
• Dully filled FATCA Form
• Notarized US Declaration (if a US Person)

For Corporate

• Certificate of Incorporation
• Registered address and place of business
• Certificate of Current Standing if incorporated more than 1 year
• Registers of Directors and Members

Company Formation Process in Panama Corporation (Offshore Entity)

• Choose a Registered Agent: You will need to appoint a registered agent in Panama who will act as your company’s representative in the country. This must be a resident of Panama and have a physical address in the country.
• Choose a Company Name: You will need to select a unique name for your Panama Corporation that is not already in use by another entity. The name must also include the word “Corporation,” “Incorporated,” or an abbreviation of either.
• Prepare the Articles of Incorporation: The Articles of Incorporation are the legal documents that establish your Panama Corporation. They must include details such as the company name, the purpose of the corporation, the authorized capital, and the number and type of shares issued.
• File the Articles of Incorporation: You will need to file the Articles of Incorporation with the Panama Public Registry. This can be done by your registered agent.
• Obtain a Tax ID number: You will need to obtain a Tax ID number for your Panama Corporation. This can be done through the Panama Tax Authority.
• Open a Bank Account: You can open a bank account for your Panama Corporation. This can be done in any country where the bank operates.