🇵🇦Panama Company Registration for Non-Residents · Sociedad Anónima · 100% Foreign-Owned · Territorial Tax

Register a Panama Company
as a Non-Resident

A Panama Sociedad Anónima (S.A.) is the classic territorial-tax corporation — 0% Panamanian tax on genuinely foreign-source income, 100% foreign ownership, a US-dollar economy, and a strong asset-protection tradition, all formed remotely in a few days. We’re honest about modern Panama: “0% tax” applies only to foreign income (Panama-source income is taxed at 25%), and the post-2021 reforms mean real compliance — a UBO registry and annual accounting records, with fines up to US$1,000,000 for getting it wrong. CompanyVista handles Panama company registration end-to-end — resident agent, S.A. filing, UBO and accounting compliance, and bank introductions — and quotes the real all-in figure up front.

S.A.
Sociedad Anónima · 3 Directors · 100% Foreign-Owned
0%
Tax on Foreign-Source Income (25% local)
US$300
Annual Franchise Tax — all-in ~US$1.5k–2.1k/yr
~3 days
Remote Incorporation (bank a/c longer)
Territorial Tax
0% on foreign-source income — a genuine offshore advantage
100% Remote Setup
Own it fully from abroad — no visit to Panama required
USD Economy & Asset Protection
US-dollar accounts and a strong privacy & protection tradition
Honest on the New Rules
We’re straight about UBO, accounting records and banking DD
Start Your Panama Company

Tell us about your company — written quote within 4 hours · no obligation

Company Details
Your Details

🔒 Free · No commitment · Written quote before any payment

Panama company registration for non-residents — the commercial hub of the Americas
Panama company registration for non-residents — the commercial hub of the Americas, formed online from anywhere.
Why Panama

Why Register a Company
in Panama?

Panama company registration is one of the world’s classic offshore routes — here is why founders choose it, and where the honest trade-offs now lie.

💰
Territorial Tax — 0% on Foreign Income
Panama taxes only income sourced within Panama. Genuinely foreign-source income earned by a Panama company pays no Panamanian income tax — no tax on foreign capital gains or foreign-source dividends either. For international holding and trading with no local activity, that’s a real, long-standing advantage.
🌎
100% Foreign-Owned, Formed Remotely
Panama places no nationality or residency rules on owners or directors. You can own the whole company from abroad and complete the entire registration remotely — typically in about three business days — without ever setting foot in Panama.
💵
US-Dollar Economy & Finance Hub
Panama uses the US dollar as its currency, so there’s no local exchange risk, and it hosts one of Latin America’s largest banking centres. A Panama company is widely recognised for opening international accounts, trading globally and holding investments worldwide.
🛡️
Strong Asset-Protection Tradition
Panama has decades of established corporate and foundation law built around asset protection and privacy. Shareholders don’t appear in the public registry, and the Panama Private Interest Foundation is a well-known vehicle for holding and succession planning.
🚢
The Commercial Hub of the Americas
Home to the Panama Canal — which handles a significant share of global maritime trade — Panama sits at the crossroads of North and South America. For trading, logistics and Latin-American-facing business, its location and infrastructure are a genuine strategic asset.
No Minimum Capital, Fast Setup
A Sociedad Anónima has no minimum paid-up capital requirement and a low government fee — a one-time ~US$250 registration and a US$300 annual franchise tax. Combined with fast remote incorporation, it’s an efficient, low-friction way to establish an international company.
Who Should Choose Panama

Which Businesses Benefit Most
From a Panama Company?

Panama company registration rewards international, foreign-source businesses and asset-protection structures — and is a poor fit for anyone who wants a reputation-clean brand or expects zero paperwork. Here’s where it fits.

🤝
Best Fit
International Holding & Asset Protection
Panama’s territorial tax, privacy tradition and foundation law make it a long-standing choice for holding foreign assets, shares and investments. For a pure holding structure with no Panama-source income, the 0% foreign-income treatment is genuinely efficient — provided you keep the new UBO and accounting records current.
📦
Best Fit
Offshore Trading (No Panama Income)
International traders whose income arises entirely outside Panama benefit from the territorial system, USD accounts and Panama’s logistics standing. As long as the activity is genuinely foreign-source, the company pays no Panamanian income tax on those profits.
📈
Best Fit
Investment & IP Holding Vehicles
For holding portfolios, real estate abroad, or intellectual property with foreign-source royalties, a Panama S.A. offers a recognised, flexible vehicle with no tax on foreign capital gains or dividends — a classic use of the jurisdiction for internationally mobile investors.
🌍
Good Fit
Digital Nomads & Location-Independent Founders
Location-independent entrepreneurs earning from clients worldwide can use a Panama company for its territorial tax — but only if their income is genuinely foreign-source and their home-country tax position is handled properly. We’ll assess that honestly before you form.
🏖️
Good Fit
Founders Eyeing Panama Residency
Panama offers residency pathways (such as the Friendly Nations Visa) that pair naturally with a local company. If you intend to relocate or spend real time in Panama, incorporating here aligns your company with your future base — CompanyVista can coordinate both.
🚫
Weaker Fit
Reputation-Sensitive or Local Operators
If you need a “blue-chip” jurisdiction for investors or clients, the Panama name still invites extra banking scrutiny — a UK Ltd or Singapore company reads better. And if you’ll actually operate inside Panama, that income is taxed at 25%. CompanyVista will point you elsewhere when it fits better.
Territorial Tax & the New Rules — Read This First

Panama in 2026: Real 0%,
But Real Compliance Too

Two things about Panama are widely misunderstood: what “0% tax” actually covers, and how much the country has reformed. Here is the honest picture — because the old “secrecy haven” reputation is out of date.

1 · “0% Tax” Means Foreign-Source Only
Panama’s territorial system taxes only income sourced inside Panama. Genuinely foreign-source income is taxed at 0%; income earned within Panama is taxed at 25%. So the 0% is real and valuable for international business — but it is not an automatic “pay no tax anywhere” button. And it doesn’t override your home country: if you’re tax-resident elsewhere, controlled-foreign-company and personal-tax rules there can still apply.
2 · No Longer a No-Paperwork Haven
Since Law 254 of 2021, every Panama company must keep an Ultimate Beneficial Owner (UBO) registry current, provide a copy of its annual accounting records to the resident agent by 30 April each year — even if it operates entirely offshore — and immobilise any bearer shares with a custodian. Non-compliance carries fines of US$5,000 to US$1,000,000. Privacy remains (shareholders aren’t public), but the paperwork is real.
⚠️
The honest bottom line: Panama is an excellent, low-tax base for genuinely international business — but it’s a compliance jurisdiction now, not a filing cabinet you forget about, and the Panama name means banks apply extra due diligence. CompanyVista keeps your UBO and accounting obligations current and prepares your banking file properly — and if a cleaner-reputation option like a UK Ltd or UAE free zone fits your goal better, we’ll say so.
Entity Type & Requirements

Panama Sociedad Anónima
Key Facts & Requirements

The essentials of Panama company registration — the numbers, the resident-agent rule, and the honest fit for a non-resident forming an S.A.

Panama S.A. — Key Facts
Entity TypeSociedad Anónima (S.A.) under Law 32 of 1927 — the classic corporation; S.R.L. (LLC-style) also available
RegistryRegistro Público de Panamá (Public Registry); incorporation via the Pacto Social (Articles)
Foreign Ownership100% — no nationality or residency restrictions on owners or directors
DirectorsMinimum 3 (any nationality, need not reside in Panama)
ShareholdersMinimum 1 (individual or corporate); not shown in the public registry
Resident AgentMandatory — a licensed Panamanian attorney or law firm; signs the Pacto Social & handles filings
Registered OfficeA Panama registered office via the resident agent
Share CapitalNo minimum paid-up capital; authorised capital (often US$10,000) affects the franchise-tax basis
Government Fee~US$250 one-time registration + US$300 annual franchise tax (tasa única); ~3 days
Corporate TaxTerritorial — 0% on foreign-source income; 25% on Panama-source income
UBO & AccountingUBO registry kept current; accounting records to the resident agent by 30 April yearly (Law 254/2021)
CurrencyUS dollar (used alongside the balboa) — no local exchange risk
Your Obligations After Formation
Panama is low-tax but no longer low-paperwork — these matter, with real fines. CompanyVista handles them.
1 · Annual Franchise TaxUS$300 tasa única each year to stay in good standing (deadlines by incorporation date)
2 · UBO RegistryKeep the Ultimate Beneficial Owner registry accurate and up to date
3 · Accounting RecordsProvide annual accounting records to the resident agent by 30 April; retain 5 years
4 · Resident AgentMaintain the licensed resident agent and registered office at all times
Bearer SharesIf used, must be immobilised with an authorised custodian
Home-Country TaxCFC and personal-tax rules where you live may still apply — plan for it
Is a Panama S.A. Right for You?
  • Your income is genuinely foreign-source (not Panama-local)
  • You want an international holding or asset-protection vehicle
  • You value a USD economy and long-established offshore law
  • You’ll keep UBO and accounting records current
  • You need a blue-chip reputation for investors/clients
  • You’ll actually operate inside Panama (25% local tax)
  • You expect zero paperwork or think it erases home-country tax
If Panama isn’t the right fit, CompanyVista will point you to a UK Ltd, a UAE free zone, or BVI/Cayman instead.
Documentation & Restrictions

What You’ll Need to Provide
& What to Be Aware Of

Panama incorporation is fast, but KYC for the resident agent, the source-of-income story and the new compliance rules deserve honest attention. CompanyVista prepares everything so filing and banking go cleanly.

Documents You’ll Need to Provide
1
Passport — Each Director, Shareholder & UBO
A clear colour scan of the passport photo page for every director, shareholder and beneficial owner — the core KYC the resident agent and bank require.
2
Proof of Residential Address
A recent utility bill or bank statement (usually within 3 months) for each individual — often certified, for KYC and UBO records.
3
Bank / Professional Reference
A bank or professional reference letter (and sometimes a short CV) for beneficial owners — commonly required by the resident agent and for banking.
4
Proposed Company Names & Activity
One or two name options (any language, ending in Inc./Corp./S.A.) and a clear description of activities — which drives the source-of-income and banking analysis.
5
Directors, Shareholding & UBO Details
Who the three directors, shareholders and ultimate beneficial owners are — so the Pacto Social and the UBO registry are correct from day one.
6
Source-of-Funds & Business Profile (Banking)
A clear, well-documented explanation of your business and source of funds — essential given the thorough due diligence Panama banks apply.
⚠️ Restrictions & What to Be Aware Of
  • 0% is foreign-source only. Panama-source income is taxed at 25%. The territorial benefit applies to genuinely foreign income — local activity is fully taxable, and mislabelling local income as foreign is a real risk.
  • UBO and accounting compliance is mandatory. Under Law 254/2021 you must keep a UBO registry current and file annual accounting records with the resident agent by 30 April — even offshore. Fines run from US$5,000 to US$1,000,000.
  • A resident agent is required. Every company must maintain a licensed Panamanian attorney or law firm as resident agent — a recurring, non-optional cost. CompanyVista provides one.
  • Banking due diligence is heavier. The Panama name draws extra scrutiny from banks and payment providers, and account opening takes two to six weeks with a strong source-of-funds file. A registration never guarantees an account.
  • It doesn’t erase home-country tax. Forming in Panama doesn’t change your personal tax residency, and controlled-foreign-company rules where you live may tax the profits anyway. Get advice for your own country.
  • A company is not a visa. Incorporating gives no right to live in Panama — that needs a separate residency permit (such as the Friendly Nations Visa), which we can help arrange.
Tax Environment — In Depth

Panama Tax for Companies
The Honest Picture

Panama’s territorial system is genuinely attractive for foreign-source income — but only for foreign-source income. Here is exactly how it works in 2026.

Corporate Income Tax (Territorial)
Foreign-source income0% — not subject to Panamanian income tax
Panama-source income25% corporate income tax
Foreign capital gainsNot taxed in Panama
Foreign dividendsNot taxed in Panama
Franchise taxUS$300/year (tasa única), fixed, regardless of income
FilingLocal-income companies file a tax return; pure-offshore reporting is minimal beyond UBO & accounting
Other Features
CurrencyUS dollar — no exchange controls or forex risk
Tax treatiesA modest network (~12 double-tax treaties)
CRS / AEOIPanama participates in automatic exchange of financial information
SubstanceOECD permanent-establishment principles apply; genuine activity matters
Personal taxForming a company doesn’t make you Panama tax-resident
Home-country taxCFC and residence rules where you live can still apply
💡
The honest takeaway: for genuinely international, foreign-source business, Panama’s 0% is real and durable — and the fixed US$300 franchise tax keeps ongoing cost predictable. But it’s not a way to make personal tax disappear, and with CRS reporting and the UBO regime, transparency to authorities is now the norm. CompanyVista helps you use Panama correctly, for what it’s genuinely good at.
Banking — The Real Picture

Banking for a
Panama Company

Panama has a large US-dollar banking centre, which is a real advantage — but the Panama name means banks apply thorough due diligence. Here’s the honest reality, and how CompanyVista improves your odds.

What to Expect
Panama hosts one of Latin America’s largest banking sectors, with US-dollar accounts and international reach. But since the reforms, banks apply rigorous KYC and source-of-funds review, and account opening commonly takes two to six weeks. Remote opening is possible for many non-residents depending on the business profile, and international EMIs and fintechs are often used alongside a Panama bank for faster day-to-day payments.
How CompanyVista Helps
We prepare a clean, well-documented banking file — a clear business profile, ownership chart and source-of-funds narrative — that meets the standard Panama banks and international EMIs expect, and match you to the providers most likely to accept your profile. We’re honest that no provider can guarantee an account, but a strong, consistent file is what turns a “maybe” into a “yes”.
Panama vs the Alternatives

How Panama Compares
Against Other Popular Options

Jurisdiction
Tax on Foreign Income
Best For
Reputation
All-In Cost
Panama (S.A.)
0% (territorial); 25% local
Holding, asset protection, offshore trade
Improving, still scrutinised
~US$1.5k–2.1k/yr
BVI
0% (no corporate tax)
Holding & SPVs, fund structures
Well-established offshore
Moderate
UAE Free Zone
0% up to AED 375k, then 9%
Tax efficiency + residency visa
Strong, rising
Higher
US LLC
0% federal if no US ECI
Tax-neutral US base & Stripe
Blue-chip
Low

Panama wins on its territorial tax and asset-protection tradition; a US LLC reads better on reputation, and the UAE adds a residency visa. CompanyVista forms all of them — and recommends the one that fits your goal, not the most expensive.

Formation Process

Registering Your Panama Company
Step by Step

1
Consultation & Honest Quote
We confirm Panama is right for you — including whether your income is genuinely foreign-source — and give you a fixed written quote covering the resident agent, government fees and compliance.
2
Resident Agent & Name Reservation
We appoint your licensed Panamanian resident agent and reserve your company name (any language, ending in Inc./Corp./S.A.) with the Public Registry.
3
KYC & the Pacto Social
We collect KYC for all directors, shareholders and UBOs, and the resident agent drafts the Pacto Social (Articles) defining your S.A. — directors, capital and management.
4
File with the Public Registry
The incorporation is filed with the Registro Público de Panamá and the one-time registration paid. Incorporation typically completes in about three business days.
5
UBO Registry & Compliance Setup
We register your ultimate beneficial owners, set up the accounting-records process (due to the resident agent by 30 April), and immobilise any bearer shares.
6
Open a Corporate Bank Account
We prepare a strong source-of-funds file and introduce you to Panama banks and international EMIs — realistically a two-to-six-week step, which we manage for the best odds.
7
Ongoing Compliance
We keep your US$300 franchise tax, UBO registry and annual accounting records current — and coordinate any Panama residency application — so the company stays in good standing.
Frequently Asked Questions

Panama Company Registration
Questions Answered

Can a non-resident register a company in Panama? +
Yes. Panama places no nationality or residency restrictions on owners or directors. A non-resident can own 100% of a Panama Sociedad Anónima and register it remotely without visiting Panama. The main requirement is a resident agent — a licensed Panamanian attorney or law firm — and a minimum of three directors of any nationality plus at least one shareholder. CompanyVista arranges the resident agent and manages the whole process.
How does Panama's territorial tax work? +
Panama taxes only income sourced inside Panama. Genuinely foreign-source income pays 0% Panamanian income tax, while Panama-source income is taxed at 25%. There’s no Panamanian tax on foreign capital gains or foreign dividends. The key honesty point: 0% applies only to foreign income — and your home country’s rules on foreign companies can still apply to you.
What does it cost? +
Government charges are a one-time registration of about US$250 plus a US$300 annual franchise tax (tasa única). With the mandatory resident agent, registered office and professional fees, the honest all-in first year is typically about US$1,500 to US$2,100, and roughly US$1,500 per year thereafter. CompanyVista quotes the full figure in writing before any payment.
Is Panama still a secrecy haven? +
No — Panama has reformed. Shareholders still don’t appear in the public registry, but every company must now keep a UBO registry current, provide annual accounting records to the resident agent by 30 April even if offshore, and immobilise any bearer shares. Non-compliance carries fines of US$5,000 to US$1,000,000 under Law 254/2021. Privacy remains, but the paperwork is real — and CompanyVista keeps you compliant.
How many directors does a Panama corporation need? +
A Sociedad Anónima requires a minimum of three directors, of any nationality, who need not reside in Panama, plus at least one shareholder (individual or corporate, and it can be the same person). There’s no minimum paid-up capital. The alternative S.R.L. structure, similar to a US LLC, needs only two partners.
How long does it take, and can I bank remotely? +
Incorporation takes about three business days once KYC clears. Opening a corporate bank account takes longer — usually two to six weeks — and Panama banks apply thorough due diligence, so start it in parallel. Remote opening is possible for many non-residents depending on the profile. CompanyVista prepares your bank file to the standard banks expect and makes the introductions, though no provider can guarantee an account.
Consider Also

Similar & Alternative
Jurisdictions to Consider

If reputation, a residency visa or a different cost profile matters more, one of these may fit better. CompanyVista forms all of them and quotes honestly across the options.

Company Registration — Panama

Start Your Panama Company
Free Written Quote in 4 Hours

The classic territorial-tax corporation — 0% on genuinely foreign-source income, 100% foreign-owned, USD accounts, formed remotely in days. We quote the real all-in cost (resident agent and compliance included), and we’re honest that Panama now means real UBO and accounting obligations — if a UK Ltd, UAE free zone or BVI suits you better, we’ll say so before you spend anything.

Panama Company Registration for Non-Residents
— Complete 2026 Guide

CompanyVista provides end-to-end Panama company registration for non-resident founders — incorporating your Sociedad Anónima through the Public Registry, appointing the mandatory licensed resident agent, setting up your UBO registry and accounting-record compliance, and assisting with the corporate bank account and territorial-tax position. Panama places no nationality or residency restrictions on owners or directors, so a non-resident can own 100% of the company and complete the whole registration remotely, in about three business days, without visiting Panama. A Sociedad Anónima needs a minimum of three directors of any nationality and at least one shareholder, with no minimum paid-up capital.

Panama’s appeal is its territorial tax system. It taxes only income sourced inside Panama, so genuinely foreign-source income earned by a Panama company pays 0% Panamanian income tax, while income earned within Panama is taxed at 25%. There is no Panamanian tax on foreign capital gains or foreign-source dividends, and the country uses the US dollar as its currency, removing exchange risk. The most important honesty point is that 0% applies only to foreign-source income — it is not an automatic escape from all tax, and it does not override your home country’s rules: if you are tax-resident elsewhere, controlled-foreign-company and personal-tax rules there may still apply. The government cost is modest — a one-time registration of about US$250 and a fixed US$300 annual franchise tax — with an honest all-in first-year cost of roughly US$1,500 to US$2,100 including the resident agent.

Modern Panama is also more transparent than its old reputation suggests, and this matters. Under Law 254 of 2021, every company must keep an Ultimate Beneficial Owner registry current, provide a copy of its annual accounting records to the resident agent by 30 April each year even if it operates entirely offshore, and immobilise any bearer shares with a custodian, with non-compliance carrying fines of US$5,000 to US$1,000,000. Panama participates in the automatic exchange of financial information (CRS). Shareholders still do not appear in the public registry, so privacy remains, but Panama is a genuine compliance jurisdiction now rather than a no-paperwork haven, and the Panama name means banks apply extra due diligence. Panama is an outstanding fit for international holding and asset-protection structures, offshore trading with no Panama-source income, and investment vehicles, and a weaker fit for founders who need a blue-chip reputation, who will operate locally, or who expect zero paperwork — for whom a UK Ltd, a UAE free zone or a US LLC is often better, and we will say so.

After incorporation, a Panama company must pay the US$300 annual franchise tax, keep its UBO registry accurate, file annual accounting records with the resident agent by 30 April, and maintain its resident agent and registered office. CompanyVista keeps all of this on track. As a brand of Koshika LLC with offices in Noida NCR, Albuquerque and Wyoming, we help founders worldwide register Panama companies remotely — start online at my.companyvista.com/new, or reach us on WhatsApp at +91 86309 28581 or by email at info@companyvista.com.

Panama company registration · Sociedad Anónima · territorial tax · Free written quote

Start Panama Company →