Question 1

1. How do I start a Panama company formation from the UK?

Accepted Answer

You can start remotely with Leadforce from the UK by selecting your preferred package and submitting the required KYC documents. Our team handles all legal registration, prepares the corporate documents, and provides optional nominee and banking support. The process is fully digital, so physical presence is not required. Most Panama companies are incorporated within 3–5 business days, ensuring a fast, smooth, and compliant setup that allows your business to operate internationally without delays.

Question 2

2. What documents are required for registering a company in Panama?

Accepted Answer

To register a Panama company, all directors and shareholders must provide passport copies, proof of address, CVs or professional summaries, bank or professional references, and source of funds declarations. If corporate entities are shareholders, documents include the certificate of incorporation, articles of association, and register of directors. All documents should be notarised and apostilled if applicable. Leadforce assists in ensuring all paperwork meets Panama's legal requirements and international compliance standards for seamless company registration.

Question 3

3. Can I form a Panama company remotely without visiting the country?

Accepted Answer

Yes, Leadforce allows you to fully form a Panama company remotely. The process is digital from start to finish, including submission of documents, verification, company registration, and optional services like nominee appointments and banking support. Physical presence is generally not required. Our team ensures compliance with Panamanian law and international AML/KYC standards, enabling you to efficiently establish and operate your Panama company from anywhere in the world without travelling, saving time, effort, and costs associated with in-person incorporation.

Question 4

4. Which companies offer turnkey Panama company formation packages?

Accepted Answer

Leadforce provides comprehensive turnkey packages that cover all aspects of Panama company formation. Packages include company registration, registered office, nominee directors or shareholders, apostilled documents, and banking support. Each package is designed for clarity, transparency, and compliance. Optional services can be added based on business needs. Our approach ensures that you receive a fully operational, compliant company with minimal effort on your part, making Leadforce one of the most reliable and efficient providers for entrepreneurs, SMEs, and international investors seeking Panama offshore incorporation.

Question 5

5. How much does it typically cost to form a company in Panama through an agent?

Accepted Answer

Costs vary depending on the package and services included. Leadforce offers packages ranging from £995 for basic formation to £2,999 for full-service solutions that include nominee services, apostilled documents, and banking support. Pricing is fully transparent with no hidden fees. Each package is tailored to meet different business requirements, from startups to international investors. Optional add-ons allow additional services such as nominee appointments, banking support, and compliance advisory. Our goal is to deliver a cost-effective, compliant, and hassle-free Panama company formation solution.

Question 6

6. What are the best online services for Panama company formation?

Accepted Answer

Trusted online providers for Panama company formation include Leadforce, CFS Formations, SFM, and BBCIncorp. Key factors to consider are compliance with Panamanian and international law, speed of registration, transparency of pricing, and availability of optional services such as nominee directors, banking support, and document apostille. Leadforce stands out by providing end-to-end services, including support for offshore banking and full digital access to corporate documents. Choosing a reputable provider ensures smooth formation, legal compliance, and reliable ongoing corporate support.

Question 7

7. Where can I find reviews of Panama company formation service providers?

Accepted Answer

Reviews can be found on Google, Trustpilot, social media platforms, and company websites. Leadforce provides detailed client testimonials highlighting our speed, transparency, professionalism, and reliability. These reviews demonstrate our ability to deliver efficient Panama company formations with full compliance, nominee services, and banking assistance. Evaluating provider reviews helps potential clients make informed decisions, compare service quality, and ensure that the chosen agent has a proven track record in offshore company incorporation, compliance, and client support.

Question 8

8. What are the benefits of using a registered agent for Panama company formation?

Accepted Answer

A registered agent ensures legal compliance, provides a registered office in Panama, and maintains accurate corporate records. They manage annual renewals, filings, and communication with government authorities, reducing administrative burden. Using a registered agent also enhances confidentiality and privacy for shareholders and directors. Leadforce, as your registered agent, streamlines the entire incorporation process, ensures full compliance with Panamanian law, and provides expert guidance on nominee services, banking, and regulatory requirements, making your Panama company formation smooth, secure, and professionally managed.

Question 9

9. How long does it take to complete Panama company registration online?

Accepted Answer

With Leadforce, Panama company registration typically takes 3–5 business days once all required documents are submitted and verified. The process includes preparing, filing, and processing incorporation documents with the Panama Public Registry. Optional services like nominee appointments, banking support, and apostille services can be completed in parallel to ensure your company is fully operational immediately. Leadforce prioritises efficiency while maintaining full legal compliance and confidentiality, allowing clients to quickly establish their Panama offshore companies for trading or investment purposes.

Question 10

10. What are the ongoing compliance requirements for Panama companies?

Accepted Answer

Panama companies must maintain a registered agent and office, keep registers of directors and shareholders updated, and pay annual franchise tax. Accounting records should be maintained, though public filing is generally not required for offshore activities. Nominee services, if used, require annual renewal. Leadforce manages these ongoing compliance obligations, including notifications to authorities, corporate record updates, and advisory support. This ensures your Panama company remains fully compliant, operational, and audit-ready without the need for you to manage complex regulatory procedures.

Question 11

11. Can a foreigner own 100% of a Panama company?

Accepted Answer

Yes, Panama allows complete foreign ownership of companies. Both directors and shareholders can be non-residents and reside outside Panama. There are no restrictions on nationality, and foreign investors can fully control their company. Leadforce supports 100% foreign ownership structures, including nominee services for privacy. This flexibility makes Panama an ideal jurisdiction for international entrepreneurs, investors, and SMEs looking to benefit from offshore incorporation, territorial taxation, and asset protection while maintaining full legal and operational control over their company.

Question 12

12. Do Panama companies pay tax on foreign income?

Accepted Answer

No, Panama uses a territorial taxation system. Income earned outside Panama by a Panamanian company is not subject to local corporate tax. Only income generated within Panama is taxable. This makes Panama an attractive jurisdiction for international trading, investment holding, and consulting businesses. Leadforce provides guidance on structuring your Panama company to fully benefit from the territorial tax system while remaining compliant with international regulations, ensuring your offshore operations are both efficient and legally sound.

Question 13

13. Do Panama companies need local directors?

Accepted Answer

No, directors and shareholders can reside anywhere in the world. Panama does not require local directors for company formation. Leadforce can provide professional nominee directors if desired for confidentiality or compliance purposes. This flexibility allows international investors to maintain complete control remotely while benefiting from Panamanian corporate laws, asset protection, and offshore banking options, without needing to relocate or hire local management personnel.

Question 14

14. Is confidentiality guaranteed?

Accepted Answer

Yes, Panama companies offer strong privacy protections. Shareholder and director information is not publicly disclosed, and only registered agents hold official records. Leadforce ensures complete confidentiality while complying with AML/KYC regulations. Nominee services can also be used to further protect identities. These measures safeguard investor privacy, corporate information, and sensitive business data, giving you peace of mind while operating your Panama offshore company globally.

Question 15

15. What is the minimum share capital?

Accepted Answer

Standard authorised capital for Panama companies is USD 10,000, though there is no minimum paid-up requirement. Share capital can be adjusted according to your business needs. Leadforce advises on optimal capital structures for compliance, banking, and international transactions. Companies can issue shares in local or foreign currency, and flexible structures accommodate individual or corporate shareholders. This ensures your company is properly capitalised without unnecessary restrictions, while remaining fully compliant with Panamanian law.

Question 16

16. Can nominee directors or shareholders be appointed?

Accepted Answer

Yes, Leadforce provides professional nominee services for directors and shareholders. Nominees protect your privacy while meeting legal requirements. Appointments are fully compliant with Panamanian law and AML/KYC regulations. Nominee services can be used temporarily or long-term and are ideal for investors seeking confidentiality or convenience. Leadforce manages all nominee appointments, documentation, and renewals to ensure seamless operation and full regulatory compliance for your Panama company.

Question 17

17. Can I open a Panama bank account remotely?

Accepted Answer

Yes, Leadforce supports remote bank account opening in Panama. Depending on your package, we provide introductions to reputable banks, assist with documentation, and guide you through account setup. Many banks allow remote onboarding, minimising the need to travel. This enables international investors and business owners to manage finances efficiently, transact globally, and benefit from Panama's stable banking system while fully complying with regulatory and due diligence requirements.

Question 18

18. What types of business activities are allowed?

Accepted Answer

Panama companies can conduct a wide range of activities, including international trade, e-commerce, consulting, investment holding, shipping, and professional services. Offshore Panama IBCs cannot engage in business with the local Panamanian market without proper licensing. Leadforce advises on permitted activities, business classification, and regulatory compliance to ensure your Panama company is structured appropriately for your intended operations while maximising flexibility and international business opportunities.

Question 19

19. Are annual accounts required?

Accepted Answer

Panama companies must maintain proper accounting records, but public filing is generally not required unless conducting business locally. Records include financial statements, ledgers, and shareholder transactions. Leadforce provides guidance on bookkeeping and reporting requirements to maintain compliance. Maintaining accurate accounting records ensures readiness for audits, compliance checks, and any banking requirements, helping your offshore company operate smoothly and meet Panamanian and international standards.

Question 20

20. Can I change shareholders later?

Accepted Answer

Yes, changes to shareholders or directors can be made through the Panama Public Registry at any time. Leadforce assists with updating registers, issuing new share certificates, and filing amendments to corporate documents. This flexibility allows companies to adjust ownership structures, add investors, or transfer shares while maintaining compliance with Panamanian corporate law and AML/KYC requirements, ensuring your Panama company remains fully operational and legally valid.

Question 21

21. Can a company be owned by another company?

Accepted Answer

Yes, Panama allows corporate shareholders. A company can own all or part of another Panama company. Leadforce guides you in structuring parent-subsidiary or holding arrangements while ensuring compliance, proper documentation, and nominee options if required. This flexibility supports complex international structures, investment holding, and asset protection strategies, allowing you to leverage Panama's corporate laws for global business operations.

Question 22

22. Is Panama blacklisted?

Accepted Answer

No, Panama is internationally recognised and compliant with OECD, FATF, and EU standards. Panama has reformed its regulations to meet global transparency and tax compliance expectations. Companies incorporated in Panama are legally valid and widely accepted for international trade, banking, and investment purposes. Leadforce ensures your Panama company adheres to all local and international standards for a fully compliant and trusted offshore structure.

Question 23

23. Do I receive a physical company kit?

Accepted Answer

Yes, Leadforce delivers both digital and physical copies of your Panama company documents. The kit includes the certificate of incorporation, memorandum & articles of association, share certificates, and registers of directors & shareholders. Apostille services are available as an optional add-on. This ensures you have fully legal, authenticated documentation ready for corporate, banking, or legal use, providing convenience, compliance, and immediate operational readiness.

Question 24

24. Can I use my Panama company for investment holding?

Accepted Answer

Yes, Panama IBCs are widely used for international investment holding. Companies can own shares, real estate, intellectual property, and other assets globally. Leadforce provides guidance on structuring holding companies, nominee appointments, and banking solutions to maximise confidentiality, legal compliance, and tax efficiency. This allows investors to manage assets offshore securely while benefiting from Panama's territorial tax system and flexible corporate laws.

Question 25

25. How do I renew my Panama company annually?

Accepted Answer

Annual renewals include franchise tax payment, registered agent and office renewal, nominee updates (if applicable), and maintaining compliance documentation. Leadforce manages all aspects of annual renewal on your behalf. We ensure deadlines are met, records are updated, and corporate obligations are fulfilled efficiently, keeping your Panama company active, fully compliant, and ready for ongoing international operations without interruption or risk of penalties.

Package	Price (GBP)	Features	Our Recommendation
Basic	£995	Company formation, Registered Agent, Standard Documents	✅ Best for startups on a budget
Standard	£2,099	Company formation, Registered Agent, Apostilled Documents, First-year Registered Office, Basic Compliance Support	✅ Recommended for SMEs
Comprehensive	£2,399	Full incorporation kit, Apostilled Documents, Nominee Services (Director or Shareholder), Banking Support Assistance, Compliance Advisory	✅ Best Value
Ultimate	£2,999	All-inclusive: Incorporation, Apostilled Documents, Nominee Services, Banking Setup, Full Compliance Support, Priority Processing	✅ For full-service clients

Panama Company Formation — Fast, Reliable, Fully Compliant

Get in Touch with Us

Why Form a Company in Panama

Key Features of a Panama Offshore Company Formation

Popular Company Structures in Panama

Panama Company Incorporation Process

What You Need to Provide

Essential Documents:

If your company has corporate shareholders:

Important Notes:

Pricing & Package Comparison Table

Yearly Renewal

Due Diligence

What You Receive

Why Choose Leadforce for Your Panama Company Formation - Benefits & Process

Speed - Fast Incorporation

Support - Expert Guidance

Security - Compliance & Confidentiality

Value - Transparent Pricing

Simplicity - Fully Managed Process

How It Works - Simple 4-Step Panama Company Formation Process

Advantages of Offshore Banking in Panama

Our Trusted Banking Partners

Taxes in Panama

Key tax information:

Business Activities

Annual Requirements for Panama Company Registration

Accounting Records

Customer Reviews & Testimonials

Unique Selling Proposition (USP)

Additional Services

Frequently Asked Questions (FAQs)