Corporate · Company FormationPanama. The strategic gateway of the Americas.
With a territorial tax system, a US-dollar economy and one of the world’s most important logistics corridors, Panama is a premier base for international business. BELOBABA handles your company formation end to end.
Our flagship structure
Open a Private Interest Foundation in Panama.
Panama’s Private Interest Foundation is one of the world’s most respected vehicles for asset protection and estate planning. A foundation has no owners or shareholders — it is a separate legal entity that holds and manages assets for your beneficiaries, under your rules. BELOBABA and its legal partners in Panama City structure, incorporate and maintain your foundation end to end.
Start your foundationAsset protection
Assets transferred to the foundation become a separate patrimony, shielded from personal creditors, lawsuits and political risk.
Estate & succession planning
Your assets pass directly to your beneficiaries under the foundation’s by-laws — no probate, no forced heirship.
Total privacy
Beneficiaries are designated in private by-laws that are never filed in any public registry.
Tax efficiency
Panama taxes only local-source income. Foreign income held by the foundation is not taxed in Panama — just a flat annual franchise tax.
Why Panama
A dollarised economy at the centre of global trade.
World-class logistics
The Panama Canal and the Colón Free Zone make the country a hub for global trade, shipping and re-export.
Territorial taxation
Income earned outside Panama is generally not taxed locally — an efficient structure for international operators.
Privacy & asset protection
Established corporate and foundation law offers robust confidentiality and asset-protection structures.
US-dollar economy
Panama uses the US dollar as legal tender, removing currency risk for international business.
Company formation
Your Panamanian corporation (S.A.), handled end to end.
PanamaOne all-in incorporation fee, plus fixed annual maintenance that keeps your entity in good standing.
Pricing
Transparent costs, no surprises.
One all-in incorporation fee, plus fixed annual maintenance that keeps your entity in good standing.
Minimum provider fees incl. 7% ITBMS where applicable. Final quote depends on structure and services required.
Requirements
What you’ll need.
Panamanian law requires standard KYC documentation for every director, officer and beneficial owner. Everything can be submitted digitally.
Proof of address — a recent utility bill
Proof of income — tax return, bank statements or employment letter
A bank reference letter
Two commercial reference letters from clients or suppliers
Add-ons
Optional services for your entity.
Accounting & compliance
Law 254 of 2021 requires offshore entities to keep accounting records for at least five years and file them with their resident agent every April. Our partners handle bookkeeping at a fixed first-year price.
Virtual office
A valid commercial and fiscal address in Panama City — phone line with redirection, mail handling and a coworking desk two days a month. US$150 set-up, then US$50 per month.
FAQ
Frequently asked questions.
Establish your Panama company.
Our team will guide you through company formation, banking and structuring in Panama.
Speak with our team about Panama