set up a company in panama

Incorporate in Panama

$2,150.00

Set up a Panama company limited by shares

Panama is an international trade and financial center strategically located between the Americas. Its politically stable environment, its pro-business legislation, its attractive tax regime, and its developed and large banking sector have made Panama one of the most popular jurisdiction to establish international companies.

Panama levies taxation in a territorial basis, hence corporations in Panama that exclusively conducts its business outside of Panama, are exempt from all local taxes including income tax, capital gains tax, withholding taxes, and stamp duty on transfer of corporate shares, and other property. Furthermore, interest paid by local banks are tax-exempt and there are no foreign exchange controls.

Panama corporations are commonly used for residency visas, international tax structuring, international commercial transactions, banking, and merchant account access, e-commerce and internet services, trading, asset management or as a holding company.

Learn more about incorporating in Panama:

C_EMI Object ( [ID] => emi [post_title] => EMI Account [active] => 1 [banks] => Array ( [0] => Array ( [name] => DNBC (CA) (former DSBC) [min_deposit] => N/A [currencies] => EUR, CAD, GBP, CHF, HKD [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Merchant accounts only for EU companies. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [1] => Array ( [name] => Airwallex [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Cards are subject to jurisdictions. Only companies incorporated in: Canada, Cayman Islands, China, Hong Kong, Israel, Japan, South Korea, Macau, Marshall Islands, Mexico, Puerto Rico, Seychelles, Taiwan, Thailand, Virgin Islands (British), Virgin islands (U.s.) Airwallex has other entities in Canada, Singapore, United Kingdom, USA, Australia, Malaysia and the Netherlands working with various other jurisdictions. [min_deposit_local] => N/A [price] => 1400 [price_local] => 300 [emi] => 1 ) [2] => Array ( [name] => Currenxie [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Virtual Visa Cards are subject to jurisdictions. [min_deposit_local] => N/A [price] => 1400 [price_local] => 300 [emi] => 1 ) [3] => Array ( [name] => Payoneer [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => 1400 [price_local] => 300 [emi] => 1 ) [4] => Array ( [name] => Statrys [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => At the moment they mainly work with companies established in Hong Kong, Singapore, and BVI. Cards are available only for Hong Kong companies. Internet and Mobile banking have limited access. [min_deposit_local] => N/A [price] => 1400 [price_local] => 300 [emi] => 1 ) [5] => Array ( [name] => Payoneer [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [6] => Array ( [name] => Collect & Pay [min_deposit] => Depending on category. [currencies] => Multicurrency [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => Depending on category. [price] => [price_local] => 300 [emi] => 1 ) [7] => Array ( [name] => Bankera [min_deposit] => N/A [currencies] => EUR [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Cards are available for EU delivery address only. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [8] => Array ( [name] => Connect Pay [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Cards are subject to jurisdictions. For crypt-related businesses there is a hard requirement of 5 million revenue/year. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [9] => Array ( [name] => DNBC (former DSBC) [min_deposit] => N/A [currencies] => EUR, CAD, GBP, CHF, HKD [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Merchant accounts only for EU companies. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [10] => Array ( [name] => Gurupay [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [11] => Array ( [name] => IBSettle [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [12] => Array ( [name] => Mistertango [min_deposit] => N/A [currencies] => EUR [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Cards are subject to jurisdictions. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [13] => Array ( [name] => SettleDesk [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [14] => Array ( [name] => Valyuz [min_deposit] => N/A [currencies] => EUR, USD, GBP, SEK, JPY, HKD [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [15] => Array ( [name] => Verifo [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [16] => Array ( [name] => Vialet [min_deposit] => N/A [currencies] => EUR [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Cards are subject to jurisdictions. NO US companies are permitted. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [17] => Array ( [name] => 3SMoney [min_deposit] => N/A [currencies] => Multicurrency [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Local IBANs in Luxembourg, UK and Netherlands on case-by-case basis. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [18] => Array ( [name] => Finductive [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [19] => Array ( [name] => Aspire [min_deposit] => N/A [currencies] => SGD, USD [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Only companies incorporated in APAC jurisdictions. With regards to entities involved in the crypto/blockchain/web3 businesses, they are only able to onboard companies incorporated in Singapore, which they will only be able to open a SGD account to perform local transfers within Singapore. Cards are available only for Singaorean companies. [min_deposit_local] => N/A [price] => 900 [price_local] => 300 [emi] => 1 ) [20] => Array ( [name] => Airwallex [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => Only companies incorporated in Singapore. Airwallex has other entities in Canada, USA, United Kingdom, Hong Kong, Australia, Malaysia and the Netherlands working with various other jurisdictions. [min_deposit_local] => N/A [price] => 900 [price_local] => N/A [emi] => 1 ) [21] => Array ( [name] => Worldfirst [min_deposit] => N/A [currencies] => Multicurrency [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => 900 [price_local] => 300 [emi] => 1 ) [22] => Array ( [name] => Bilderlings [min_deposit] => N/A [currencies] => EUR, GBP [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [23] => Array ( [name] => Cashaa [min_deposit] => N/A [currencies] => EUR, GBP [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [24] => Array ( [name] => IFX [min_deposit] => N/A [currencies] => EUR, GBP [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => NON-EU companies are subject to pre-assessment. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [25] => Array ( [name] => Interpolitan Money [min_deposit] => Depending on category. [currencies] => EUR, GBP [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => Depending on category. [price] => [price_local] => 300 [emi] => 1 ) [26] => Array ( [name] => Montify [min_deposit] => N/A [currencies] => Multicurrency [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [27] => Array ( [name] => Payoneer [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => 1 [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) ) [price] => 300 )

Panama Corporation (SA) Formation and First-Year Fees – USD 2,150.00 (All Included)

Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a Corporation in Panama, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees, and assignments such as the preparation of a certificate of incumbency, and the notarization of documents, which are generally required for opening bank accounts.

  • All applicable Registration and Government Fees (Registro Publico)
  • Preparing the Incorporation Deed and Articles of Incorporation (Spanish)
  • Acting as the First Subscriber and executing the Incorporation Deed before Notary
  • All applicable Notary Fees
  • Filing the Incorporation’s Notarial Deed with the Commercial Register
  • Preparing Subscriber’s Resolution for the Appointment of Directors and Resignation of Subscriber’s Rights
  • Preparing the Company Bylaws
  • Providing the Certificate of Juristic Person, and Company Extract issued by the Registro Publico
  • Providing a Certified English Translation of the Corporate Documents
  • Preparing the First Board Meeting Minutes for the allotment of Shares, the Appointment of Directors, Registered Agent and office, and other related matters
  • Preparing the Share Register Book
  • Preparing the Share Certificates
  • Preparing and executing a Certificate of Incumbency
  • Providing Registered Office Services, including business address, for one year
  • Providing Registered Agent Services for one year
  • Providing Notarized and Apostilled copies of the Corporate Documents
  • Delivering Original, and Notarized and Apostilled copies of the Corporate Documents via Courier, inclusive of Courier fees

Time to form

It generally takes us 1-3 days to prepare the incorporation documents, executing them as a deed by the Notary, and file them with the Registro Publico (Registrar). Once the company is filed, it takes around 5 business days for the Registrar to process the incorporation and issue the stamped Public Deed and related documents.

Nominee Services (Optional)

Nominee Directors/Officers

All Panamanian Corporations are required to have at least 3 directors/officers (President, Treasurer, and Secretary). Officers’ details are available for public inspection in the public registry. Most clients opt to appoint from one to three Nominee Directors to fulfill the aforementioned positions.

  • One Nominee Director (Natural Person) – USD 700.00 p.a.*
  • Two Nominee Directors (Natural Persons) – USD 1,200.00 p.a.*
  • Three Nominee Directors (Natural Persons) – USD 1,500.00 p.a., including Notarized and Apostilled Power of Attorney

*If the client wishes to appoint one or two Nominee Directors, we assume that a Notarized and Apostilled Power of Attorney shall not be required.

Nominee Shareholder

  • Nominee Shareholder (Natural Person) – USD 800.00 p.a.

Bank Account Opening Services (Optional)

We assist you in opening a bank account in Panama.

  • Panama Bank Account - USD $ 1,200.00
    Panama Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Panama Bank Account
    USD 50,000
    Yes
    USD, EUR
    Yes
    Panama Bank Account
    USD 10,000
    Yes
    USD, EUR, CHF, GBP, CAD
    Yes

Note that we can also open overseas bank accounts for Panama companies in the following offshore jurisdictions:

  • Andorra Bank Account - USD $ 1,200.00
    Andorra Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Andorra Bank Account
    USD 500,000
    Yes
    USD, EUR, CHF, CAD, AUD, SEK, NOK, NZD
    Yes
    Private Bank with focus on wealth management. If they open a corporate account for an active company, they would need that either the account has a substantial amount on the account, or that the UBO himself opens an account for wealth management.
  • Antigua Bank Account - USD $ 300.00
    Antigua Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Antigua Bank Account
    USD 10,000
    Yes
    USD, EUR
    Yes
    In euros DBank processes only via SEPA. In dollars at the moment only with correspondents in the US, through FEDWIRE (not ACH at the moment). Cash Secured Visa Credit Card available.
    Antigua Bank Account
    USD 25,000
    Yes
    USD, EUR, GBP
    Yes
    Cash Secured Visa Credit Card
    Antigua Bank Account
    USD 5,000
    Yes
    USD, EUR
    Yes
    UnionPay Cards work without inconvenience in the USA.
  • Armenia Bank Account - USD $ 1,200.00
    Armenia Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Armenia Bank Account
    USD 50,000
    Yes
    EUR, USD, RUB, AMD
    Yes
    Business connection to Armenia is required. The annual outgoing turnover of the client should be at least 10 mln USD per year. The annual number of outgoing transfers should be at least 60 per year. Note that the banks considers smaller companies is well on case-by-case basis, but they could charges additional fees.
  • Bahamas Bank Account - USD $ 500.00
    Bahamas Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bahamas Bank Account
    USD 1,000,000
    No
    USD
    Yes
    Family Offices, Fund Managers and Asset Managers only.
    Bahamas Bank Account
    USD 10,000,000
    No
    Multicurrency
    Yes
    Primary focus with physical presence in Bahamas. Business interest in the Bahamas. The company needs to have been in existence for a minimum of 3 years.
    Bahamas Bank Account
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Credit Card available on a case by case basis.
    Bahamas Bank Account
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Remote account opening is possible, but the bank will visit the client within first year after opening.
    Bahamas Bank Account
    USD 500,000
    Yes
    USD, EUR
    Yes
    Prepaid debit card available.
  • Belize Bank Account - USD $ 300.00
    Belize Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Belize Bank Account
    USD 4,000
    No
    EUR, GBP, USD
    Yes
    Belize Bank Account
    USD 1,000
    Yes
    USD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOK
    Yes
    Prepaid Visa cards available.
    Belize Bank Account
    USD 3,000
    Yes
    Multicurrency
    Yes
  • BVI Bank Account - USD $ 900.00
    BVI Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    BVI Bank Account
    USD 20,000
    No
    USD, GBP, HKD
    Yes
    Bank of Asia does not onboard corporations who have a connection in US and Russia.
    BVI Bank Account
    USD 500,000
    No
    Multicurrency
    Yes
    VP Bank offers services to local BVI residents as well as international clients who have BVI companies, trusts or fund structures. It is primarily focused on financing, investment management, custodial and securities trading accounts. No Commercial Activity, only for asset management business.
  • Cayman Islands Bank Account - USD $ 900.00
    Cayman Islands Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cayman Islands Bank Account
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF
    Yes
    Cayman Islands Bank Account
    USD 100,000
    Yes
    USD, EUR, CAD, GBP, AUD, Multicurrency
    Yes
    NCB Cayman Bank offers trading, private and investment bank accounts
  • Cook Islands Bank Account - USD $ 600.00
    Cook Islands Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cook Islands Bank Account
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, NZD, AUD, SGD, HKD
    Yes
    Clients can have a corporate account for operational purposes only if they open an investment account as well.
  • Curaçao Bank Account - USD $ 500.00
    Curaçao Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Curaçao Bank Account
    USD 100,000
    No
    Multicurrency
    Yes
    Internet Banking only for viewing the account, not for operating
    Curaçao Bank Account
    N/A
    Yes
    Multicurrency
    Yes
  • Cyprus Bank Account - USD $ 1,200.00
    Cyprus Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cyprus Bank Account
    N/A
    Yes
    Multicurrency
    Yes
    Supports large Cypriot and international groups, preferably operating from Cyprus and international companies in their expansion and operations in Cyprus.
  • Dominica Bank Account - USD $ 300.00
    Dominica Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Dominica Bank Account
    USD 15,000
    Yes
    USD, EUR, GBP, CHF
    Yes
    Dominica Bank Account
    USD 15,000
    Yes
    USD, EUR, GBP
    Yes
    Dominica Bank Account
    N/A
    No
    Multicurrency
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
    Dominica Bank Account
    N/A
    No
    Multicurrency
    Yes
    Dominica Bank Account
    N/A
    No
    EUR, USD
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
  • Gibraltar Bank Account - USD $ 1,200.00
    Gibraltar Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Gibraltar Bank Account
    N/A
    No
    Multicurrency
    Yes
    Gibraltar Bank Account
    USD 200,000
    No
    USD, EUR, GBP
    Yes
  • Hong Kong Bank Account - USD $ 1,400.00
    Hong Kong Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Hong Kong Bank Account
    HKD 100,000
    Yes
    Multicurrency
    No
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
    Hong Kong Bank Account
    HKD 200,000
    Yes
    HKD, USD, Multicurrency
    No
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
  • Isle of Man Bank Account - USD $ 1,200.00
    Isle of Man Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Isle of Man Bank Account
    N/A
    No
    USD, AUD, EUR, CZK, DKK, HUF, SGD, JPY, NOK, GBP, ZAR, ILS, NZD, PLN, CHF, SEK, CAD, BGN
    Yes
    Preferred industries: Asset Holding Entities, e-sports, yachting, aviation, e-commerce, internet sales and trading, business consultancy, advertising and marketing, property development and management.
  • Labuan Bank Account - USD $ 500.00
    Labuan Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Labuan Bank Account
    USD 10,000
    No
    USD, JPY, SGD, EUR, GBP
    Yes
    Labuan Bank Account
    USD 250,000
    No
    Multicurrency
    Yes
    Labuan Bank Account
    USD 25,000
    No
    USD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AED
    Yes
    They focus more on Labuan incorporated entities.
  • Liechtenstein Bank Account - USD $ 1,200.00
    Liechtenstein Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Liechtenstein Bank Account
    USD 500,000
    No
    Multicurrency
    Yes
    Every active NFE needs to have a substance.
  • Mauritius Bank Account - USD $ 600.00
    Mauritius Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Mauritius Bank Account
    USD 50,000
    No
    Multicurrency
    Yes
    Mauritius Bank Account
    USD 50,000
    Yes
    Multicurrency
    Yes
  • Nevis Bank Account - USD $ 300.00
    Nevis Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Nevis Bank Account
    USD 10,000
    No
    USD, EUR, GBP, Multicurrency, CHF, CAD
    Yes
    Nevis Bank Account
    USD 100,000
    No
    USD, EUR, GBP, CHF, AUD, CAD, AED, JPY, SGD, HKD
    Yes
    Nevis Bank Account
    USD 25,000
    No
    Multicurrency
    Yes
    Nevis Bank Account
    USD 10,000
    No
    USD
    Yes
  • Puerto Rico Bank Account - USD $ 300.00
    Puerto Rico Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Puerto Rico Bank Account
    N/A
    Yes
    USD, HKD, AUD, CAD, CHF, CNY, DKK, EUR, GBP, JPY, NOK, NZD, SEK, SGD, TRL, XAF, ZAR
    Yes
    Unionpay Merchant service for clients.
    Puerto Rico Bank Account
    USD 10,000
    No
    Multicurrency
    Yes
    Puerto Rico Bank Account
    USD 150,000
    No
    USD
    Yes
  • Saint Lucia Bank Account - USD $ 300.00
    Saint Lucia Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Saint Lucia Bank Account
    N/A
    No
    Multicurrency
    Yes
    Saint Lucia Bank Account
    USD 5,000
    Yes
    USD, EUR, GBP, HKD, Multicurrency, CAD, CHF, AED, AUD, NZD, NOK, SEK, THB, JPY, ZAR
    Yes
  • Seychelles Bank Account - USD $ 500.00
    Seychelles Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Seychelles Bank Account
    USD 25,000
    No
    USD
    Yes
    Internet banking is in view mode only, all transactions are carried out via email or by phone.
  • Singapore Bank Account - USD $ 900.00
    Singapore Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Singapore Bank Account
    SGD 100,000
    No
    USD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CAD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    USD 3,000,000
    No
    USD, SGD
    Yes
    Singapore Bank Account
    SGD 250,000
    No
    Multicurrency
    No
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD/USD 30,000
    No
    SGD, AUD, CAD, RMB, EUR, HKD, JPY, NZD, GBP, USD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD/USD 30,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    USD 30,000
    No
    USD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHF
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Singapore Bank Account
    SGD 250,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
  • Switzerland Bank Account - USD $ 1,200.00
    Switzerland Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Switzerland Bank Account
    CHF 500,000
    Yes
    EUR, GBP, CHF, CAD, AUD, JPY, SGD, PLN, HKD, NOK, SEK, ILS, MXN, DKK, TRL, NZD, AED
    Yes
    Amina Bank does not open accounts with a pure transactional business nexus.
    Switzerland Bank Account
    CHF 1,000,000
    Yes
    Multicurrency
    Yes
    Switzerland Bank Account
    CHF 500,000
    Yes
    Multicurrency
    Yes
    Switzerland Bank Account
    CHF 5,000
    Yes
    Multicurrency
    Yes
    Companies must have an expected turnover of at least CHF 3,000,000.
    Switzerland Bank Account
    CHF 3,000,000
    Yes
    Multicurrency
    Yes
    Deposit must be maintained in crypto assets held through the bank's custody services. Minimum Average Balance for high risk jurisdictions should be 1-2Mio CHF.
  • USA Bank Account - USD $ 1,400.00
    USA Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    USA Bank Account
    USD 100,000
    No
    USD
    Yes
    min deposit USD 100k and more AND/OR with revenues of USD 1M
    USA Bank Account
    from 10,000 but preferred 250K-300K
    Yes
    USD, Multicurrency
    Yes
    They tend to focus more on technology/startup companies that are focused on growing and scaling through future equity raises and subsequent debt facilities.
    USA Bank Account
    USD 5,000
    Yes
    USD
    Yes
    The company should trade in Asia and the USA.
  • Vanuatu Bank Account - USD $ 500.00
    Vanuatu Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Vanuatu Bank Account
    1,500 EUR
    No
    EUR, GBP, USD
    Yes
    Outgoing USD transactions cannot be facilitated.
  • EMI Account - USD $ 300.00
    EMI Accounts
    EMI
    Min Deposit
    Cards
    Currencies
    Remote
    DNBC (CA) (former DSBC)
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Vanuatu EMI Account
    Depending on category.
    No
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    EUR
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Vanuatu EMI Account
    N/A
    No
    EUR
    Yes
    Vanuatu EMI Account
    N/A
    No
    EUR
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    EUR
    Yes
    Vanuatu EMI Account
    N/A
    No
    EUR
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    EUR, USD, GBP, SEK, JPY, HKD
    Yes
    Vanuatu EMI Account
    N/A
    No
    EUR
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    EUR
    Yes
    Vanuatu EMI Account
    N/A
    No
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    No
    EUR
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    SGD, USD
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    No
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    EUR, GBP
    Yes
    Vanuatu EMI Account
    N/A
    No
    EUR, GBP
    Yes
    Vanuatu EMI Account
    N/A
    No
    EUR, GBP
    Yes
    Vanuatu EMI Account
    Depending on category.
    No
    EUR, GBP
    Yes
    Vanuatu EMI Account
    N/A
    No
    Multicurrency
    Yes
    Vanuatu EMI Account
    N/A
    Yes
    Multicurrency
    Yes

Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.

Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.

Panama Company Annual Fees – USD 1,600.00 (payable one year after incorporation, and annually thereafter)

  • Annual Government Franchise Tax
  • Maintaining Minute Book, Registers and Statutory Records
  • Providing Registered Office Services, including business address, for one year
  • Providing Registered Agent Services for one year
  • Providing a Certificate of Good Standing

Other Services (Optional)

  • Establishment and maintenance of Private Interest Foundations, and provision of Council Members (either Nominees or Executive Managers)
  • Establishment of Financial Services Companies, and Private Funds (20-PF or 50-PF)
  • Assistance with establishing Economic Substance in Panama (Physical Office, Employees, etc)
  • Opening of Merchant Accounts for E-commerce businesses
  • Obtaining Operations Notice (Aviso de Operación) for companies with a physical presence in Panama
  • Registration with Municipal Authorities (Panama City, Colon) for companies with a physical presence in Panama
  • Accounting and Tax Services. Note that tax filings are required for companies with a physical presence in Panama and/or carrying on certain business activities with residents

Please, contact us for further information.

Nominee Services

SKU: INC-PA-001 Category:
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