Why Set Up an Offshore Company Formation in Panama?

Setting up an offshore company formation in Panama can be a smart option for entrepreneurs, investors and professionals who want to build an international corporate structure in a well-established, flexible jurisdiction designed for global business.

A Panamanian offshore company is typically used when the core business isn't carried out in Panama but in international markets: online businesses, investments, cross-border trade or asset-holding structures.

Whether this structure is right for you depends on your type of business, where the shareholders or beneficial owners are tax residents, and the legal obligations that apply in each case.

International operations

 A Panamanian offshore company can serve as a legal vehicle to provide services, manage contracts or do business with clients and suppliers outside Panama. 

Asset protection

Setting up a company separates your personal assets from your business activities and keeps your legal, corporate and document records organized.

Remote incorporation

 In many cases, you can start setting up your Panamanian company from abroad without traveling to the country, with legal support at every stage. 

US dollar economy

 Panama uses the US dollar as legal tender, which simplifies financial planning for international businesses and reduces currency exchange friction. 

A Plan Tailored to Your Needs

Choose the level of support your Panama offshore company needs.

Basic

$1,712.80
For those who need to incorporate an offshore company with the essential documents.
Drafting of the articles of incorporation
Registration with the Panama Public Registry
Public Registry certificate
Resident agent fees for the first year
Annual franchise tax for the first year
Basic corporate documents
Contact Us
Most Popular

Business

$2,200.00
For those who need a more complete structure to operate internationally.
Everything in Basic, plus:
Share certificates
Share register
Share issuance minutes
Additional documents for banking or corporate procedures
Legal guidance throughout the process
Contact Us

Business Plus

$2,494.50
For those who need documents ready for international use.
Everything in Business, plus:
Apostille of documents (valid in Hague Convention countries)
Certified translation of documents, if needed
General power of attorney, if requested
Priority support for related services
Support for more complex international structures
Contact Us

Why Choose Legal Solutions Panama?

Legal Solutions Panama helps entrepreneurs, investors and international professionals set up Panamanian companies and handle corporate procedures and related legal matters.

Our team will assess your case, define the right structure and manage the entire process with clear documentation, transparent fees and specialized legal support.

Frequently Asked Questions About Setting Up an Offshore Company Formation in Panama

Find answers to the most common questions about forming an offshore company in Panama.

What is an offshore company formation in Panama?

 It is a company incorporated in Panama that can be used for international business, investments, e-commerce, digital services or asset-holding structures outside Panamanian territory. 

Can I set up an offshore company in Panama without traveling?

 In many cases, yes. The process can be started remotely. Some additional steps, such as opening a bank account or certain document procedures, may have specific requirements. 

Does a Panama offshore company pay taxes?

 It depends on the type of business, where the income is generated, where the shareholders are tax residents, and the obligations that apply in other jurisdictions. Panama taxes only Panama-source income, but your home country may have its own reporting and tax rules (for example, US or Canadian rules on foreign-owned companies). Every case should be reviewed individually. 

How long does it take to set up an offshore company formation in Panama?

 It depends on the documents available, the case review and the services included. Our legal team can give you an estimated timeline before you start. 

Can I open a bank account with an offshore company?

 It can be explored, but account opening is not guaranteed. Each bank has its own due diligence (KYC) and approval process. 

What is the difference between an offshore company and an operating company?

 An offshore company is designed for international operations with no local business activity in Panama. An operating company is needed when the business will invoice clients, hire staff or provide services within Panama.