Registering a company in Panama is a popular choice for international entrepreneurs due to its favorable tax regime, strategic location, and flexible corporate laws. The process is relatively straightforward, but specific documentation must be submitted to complete the incorporation.
Below are the key documents required for company registration in Panama:
Valid Passport Copies: For all directors, shareholders, and beneficial owners.
Proof of Address: Recent utility bill or bank statement (not older than 3 months) for each involved party.
Know Your Customer (KYC) Form: Completed for all individuals and entities involved.
Company Name Options: At least 2–3 preferred names for approval.
Details of Directors and Shareholders: Including full names, nationalities, addresses, and roles.
Articles of Incorporation: Drafted and signed, outlining the company’s structure and purpose.
Power of Attorney (if using a local agent or law firm): To act on behalf of the founders during registration.
Due Diligence Documents: May include financial statements or professional references, depending on the business type.
Once submitted, the registration is processed through the Panamanian Public Registry. Engaging a local law firm or corporate service provider is recommended to ensure compliance with Panamanian regulations and streamline the process.