Panama Company Formation
Company Formation Panama | Offshore Company Incorporation Panama
When it comes to offshore company incorporation Panama is one of the most desirable jurisdictions available. The Republic of Panama, with an area of approximately 76,900 square kilometres, is located between Costa Rica and Colombia, and forms the narrowest and lowest portion of the Isthmus that links North and South America. The population of Panama is approximately 2.4 million, about 52 percent of which is urban. Spanish is the official and spoken language. English is also spoken widely in urban areas and is used daily in commerce and international trade.
The procedure and requirements to incorporate an International Business Company in Panama Company Formation are set out below:
- Three proposed company names.
- A brief description of the planned activities.
- Name, address, nationality, passport number and occupation of the Director(s) and Shareholder(s).
- The number of shares to be issued to each Shareholder
|Government fee||US$ 375.00|
|Registered office||US$ 200.00|
|Registered agent||US$ 200.00|
|Incorporation fee||US$ 250.00|
|Total cost of incorporation||US$ 1,025.00|