Incorporation

Register Your Company in Panama

Registered agent, registered legal address, tax number, and corporate documents on your dashboard — from $2,900 per company.
600+ teams incorporated with Skala
600+ teams incorporated with Skala

Who Registers in Panama

Panama companies are favored by the crypto community because of Panama’s light regulatory approach. These are the cases founders bring to us.

Personal Holding Companies

One entity for the centralized management of international investments.

Web3

A company for a Web3 business running decentralized applications, under blockchain-friendly legislation.

GameDev Studios

A corporate home for a game development studio and the IP it creates.

Token Issuers

The issuing entity for blockchain-based fundraising and token distributions.
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Panama Taxation

The main tax and reporting requirements that apply to a Panama company.

Annual Franchise Tax
$300
Corporate Income Tax
None for foreign-sourced income
Capital Gains Tax
None
Withholding Tax
None on dividends, interest, royalties, or other payments to foreign shareholders
Reporting and Filing
Minimal, no annual tax return or financial statement filing required
Sales Tax/VAT
None

Skala does not provide tax, legal, or accounting advice. This table has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors.

How Registration Works

Three steps from your questionnaire to corporate documents on the dashboard.

How It Works
Onboarding
Fill out the questionnaire with the company details: name, contact details, management, etc.
Day 1
KYC & Company Incorporation
We'll file the KYC documents and company application to the Panama Company Registry.
Day 2
Corporate Documents
We'll upload corporate documents to the company dashboard.
Day 14

Register Your Panama Company

What the incorporation fee covers, and what is quoted separately.

Panama Incorporation
From $2,900 / Company
Start Your Registration
Included in the package
Government fees
1-year registered agent fee
1-year registered legal address
Tax number
Post-incorporation documents
Paid separately
Nominee directors and power of attorney
Quoted on top of the fee. See add-ons.
Annual maintenance from year two
Charged yearly. See annual maintenance.

You May Also Need

Quoted on top of the incorporation fee.

Nominee Director

Panama law requires at least 3 directors. You can appoint your own directors or use nominee directors.
$450 / Director

Signatory Nominee Director

A nominee director who can sign on the company's behalf.
$2,000 / Director

Power of Attorney

Issued when the company needs to authorise someone to act on its behalf.
$500 / one-time

Annual Maintenance

What it costs to keep a Panama company running after the first year. Costs may vary depending on your particular business operations.

Every year
Registered Legal Address
$350 / Yr
Registered Agent
$500 / Yr
Annual Government Fee
$300 / Yr
Compliance/Reporting Fee
$450 / Yr
Annual Renewal Fee
$399 / Yr
Annual Report
$249 / Yr
Only if applicable
Non-signatory Nominee Director
$450
Signatory Nominee Director
$2,000
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What Our Founders Say

Legal tasks were always a distraction and something we'd put off until they became urgent. Now with Skala, everything runs seamlessly in the background, so we can focus on what actually matters.

Sergey Anosov
Co-Founder & CEO

Choosing the right jurisdiction for a startup is still a challenge. Skala provides much-needed clarity in this process.

Balaji S. Srinivasan
Investor in Skala

We used Skala for our seed fundraising and had a great experience. The platform offers a variety of fundraising instruments and provides flexibility in structuring investment rounds.

Evgeny Yurtaev
Co-Founder & CEO

Skala is building the much-needed legal infrastructure for the crypto economy. We use their platform to manage our entities and access experienced crypto lawyers.

Pavel Altukhov
Founder & CEO

FAQ

What documents are required to set up a Panama company?

To set up a Panama company, you'll need to provide the following documents for every shareholder and director of the company:

  • a passport copy
  • a copy of the second ID (e.g., driver's license or residence permit)
  • a copy of the document confirming the residential address (utility bill, bank statement, or rental agreement) issued not later than 90 days prior to the company incorporation date
  • affidavit or taxpayer certificate
  • professional reference letter from a lawyer or accountant
Do I need a local director in Panama?

Panama law requires at least 3 directors, but there is no requirement for them to be Panamanian. You can appoint your own directors or use nominee directors; nominees are typically Panamanian passport holders.

Do I need to have a physical office in Panama?

No, you do not need a physical office in Panama to incorporate a company. However, your company must have a registered legal address in Panama, which will be provided by a local registered agent. This address is used for official correspondence and legal requirements.

Is information about the Panama companies and their owners private?

Yes, information about Panama companies and their owners is generally private. Panama does not require public disclosure of beneficial ownership, and ownership details are not accessible to the public. However, under international regulations and agreements, Panama may share this information with relevant authorities in certain circumstances.

What are the annual maintenance costs?

The annual maintenance costs may vary depending on your particular business operations. The usual annual cost breakdown covers the registered legal address, the registered agent, the annual government fee, a compliance/reporting fee, an annual renewal fee and an annual report fee, plus nominee directors if applicable. Every amount is listed under Annual maintenance.

Start Your Panama Registration

Fill out the questionnaire, and we file the company with the Panama Company Registry.