Steps to Follow
Panama allows 100% foreign ownership in companies and imposes no limits on capital flow. Company incorporation is done through the Panama Emprende portal, with a digitalized process. The most common entity types are the Corporation (S.A.) and Limited Liability Company (S.R.L.).
1
Choose entity type
S.A. (Corporation) or S.R.L. (Limited Liability Company)
2
Hire Panamanian lawyer
Required to draft the articles of incorporation and bylaws
3
Register at Panama Emprende
Government digital portal for business procedures
4
Obtain Operation Notice
Commercial operation permit issued digitally
5
Open bank account
With the registered company documents
Useful Resources
Legal Disclaimer
It is recommended to consult with a Panamanian lawyer for the incorporation process.
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