Panama Offshore Company Formation & Management

At Paralelaw, we offer complete legal solutions for creating and overseeing offshore entities in Panama. With decades of combined experience in this jurisdiction, our team delivers personalized services that utilize Panama’s robust privacy laws, tax-friendly framework, and prime global positioning to safeguard assets and facilitate cross-border operations.

Core Practice Areas

1. Entity Formation & Structuring

International Business Companies (IBCs)
Secure tax-efficient vehicles for global trade, asset protection, and wealth management. Our services include:

  • Drafting Articles of Incorporation that comply with Panama’s Public Registry

  • Appointing directors (three minimum, either individuals or corporate entities)

  • Customizing share structures (bearer, registered, or nominee shares)

  • Providing registered agent services under Law 32 of 1927

Private Interest Foundations (PIFs)
Establish long-term wealth structures ideal for estate planning or philanthropic goals. Key features:

  • Detailed foundation charters with enforceable purpose clauses

  • Maintaining beneficiary privacy

  • Adherence to OECD transparency guidelines

Limited Liability Companies (LLCs)
Create flexible joint ventures or partnerships with adaptable governance and profit distribution models.

2. Compliance & Regulatory Support

Annual Maintenance
Stay compliant with Panamanian regulations:

  • Paying the annual franchise tax (USD 300)

  • Maintaining a local registered office and agent

  • Keeping financial records (no mandatory local filings required)

Anti-Money Laundering (AML)

  • Verifying and documenting Ultimate Beneficial Owners (UBOs)

  • Conducting due diligence for nominee directors and shareholders

  • Meeting FATCA/CRS reporting obligations

Tax Optimization

  • Guidance on Panama’s territorial tax system (exempting foreign-sourced income)

  • Assistance with obtaining tax residency certificates

  • Minimizing double taxation through treaty networks

3. Banking & Financial Services

Corporate Account Facilitation
Access Panama’s well-established banking sector with support in:

  • Setting up USD, EUR, and multi-currency accounts

  • Integrating cryptocurrency wallets (compliant with SBP 2024-12)

  • Arranging letters of credit and trade finance instruments

Payment Processing Solutions

  • Licensing for cross-border e-commerce operations

  • Meeting Panama’s local “operations notice” requirements

4. Ancillary Services

Immigration & Residency

  • Private Income Retiree Visa: A pathway to residency and citizenship for retirees with verifiable foreign income

  • Friendly Nations Visa: Expedited residency for citizens of treaty-aligned countries

  • Work permits for local operations

Real Estate Transactions

  • Property title checks and due diligence

  • Structuring holdings through offshore vehicles for greater tax efficiency

Intellectual Property & Maritime Registrations

  • Trademark registration for brands active in the Colón Free Zone

  • Ship and yacht registration under Panama’s maritime flag

Why Choose Paralelaw?

  • Proven Expertise: Decades of experience in Panama’s offshore legal framework

  • Full-Service Solutions: End-to-end support, from entity setup to annual compliance

  • Multilingual Team: Fluent in English, Spanish, and other key business languages

  • Competitive Fees: Transparent pricing, free of hidden costs

Contact Us

Schedule a consultation at our Panama City office to discuss offshore solutions tailored to your unique needs. All communications are protected by attorney-client privilege.