Professional Corporate & Financial Services - Panama Information

1. Applicable Company legislation?
a) Law 32 of 26th February 1927, adopted from the State of Delaware, USA.
b) Law 24 of 1st February 1966

2. What types of Company are available in this jurisdiction?
Limited Liability Companies (Societe Anonyme)

3. What is the annual Government fee payable?
Annual Franchise Tax of US$ 150

4. Is a Registered Office required?
This is provided by a Law Firm in Panama who are the statutory legal representatives of the Company

5. Is it possible to reserve the name in the Company Registry?
Yes

6. How long is needed to incorporate in a name of your choice?
Approximately 5 days, although it takes up to 3 weeks to receive the documents from Panama