Cost to Open a Company in Panama: 2026 Prices & Plans

By Samuel Chang • 1 minute read

How much does it cost to open a Company in Panama?

Opening a company in Panama with Legal Solutions Panamá starts at US$1,712.80 for an offshore company and US$2,068.55 for an operating company. Keeping it active then costs about US$835 a year. The final price depends on the type of company and how much support you need.

We publish closed prices so that the invoice is never a surprise. Here is what each plan includes, what you pay from the second year and which costs are separate. You can compare the details on our company formation page.

How much does it cost to open a company in Panama?

Plan	Offshore company	Operating company
Basic	US$1,712.80	US$2,068.55
Business (most recommended)	US$2,200.00	US$2,563.55
Business Plus	US$2,494.50	US$2,761.50

Prices are those shown on our service page in November 2026. An offshore company suits activity outside Panama, while an operating company is for doing business in the country.

What does each plan include?

Basic, offshore: articles of association, certificate of incorporation, Public Registry certificate, resident agent fees and corporate tax for the first year, plus institutional and transaction costs.
Basic, operating: company formation, Public Registry filing and Notice of Operations (Aviso de Operación).
Business: adds the taxpayer registration (RUC), share certificates, share register, share issuance minutes and a certified revenue projection. The operating plan also includes registration with the Municipality of Panama.
Business Plus, offshore: adds an apostille and translation of the articles of association, and a general power of attorney if you request one.
Business Plus, operating: adds a business address in Panama, valid for six months.

How much does a Panama company cost per year?

From the second year, these are the annual costs with our firm, tax included:

Annual item	Cost
Annual Franchise Tax	US$300.00
Resident agent fees	US$428.00
Filing of the annual accounting records declaration	US$107.00
Total	US$835.00

This covers the filing with the General Revenue Directorate (DGI), not the preparation of your accounting records, which you must provide.

Which costs are separate?

Corporate bank account: our support plans start at US$1,115.00. See the bank account options.
Nominee directors: a Panamanian corporation needs at least three directors. They can be of any nationality, and we can provide nominee directors for added privacy. Ask us for a current quote.
Accounting: the cost depends on your level of invoicing and accounting entries.
Fiscal equipment: an operating company may need a fiscal printer to issue invoices.
Extra capital: a higher authorized capital can increase registration costs.

How long does it take?

Incorporation can be completed in as little as 5 business days, and you can start the process from abroad. Opening the bank account is a separate process that depends on the bank, so plan for it to take longer.

Would you like a closed quote for your company? Contact us or see the company formation plans.

Frequently Asked Questions

How much does it cost to open a company in Panama?

With Legal Solutions Panamá, plans start at US$1,712.80 for an offshore company and US$2,068.55 for an operating company, according to our prices in November 2026.

How much does it cost to maintain a company in Panama each year?

About US$835 a year with our firm, tax included: US$300 Annual Franchise Tax, US$428 resident agent fees and US$107 for filing the accounting records declaration.

How long does it take to open a company in Panama?

Incorporation can be completed in as little as 5 business days. Opening a bank account is a separate process and depends on the bank.

Can I open a company in Panama from abroad?

Yes. You can start the process from abroad, and our team prepares the company documents and supports you until it is registered with the Public Registry.