The law, cited
Every statement carries its law and article. Where the law is silent, we say so.
About this site
Start a Company in Panama is an information site of iurispa, a Panamanian law practice. We explain how a Panamanian company is formed and run, with the law in hand, and we can act as your resident agent and set it up with you.
Licensed Panamanian lawyers
Your company is formed by attorneys admitted to practice in Panama, as the law requires of a resident agent.
Like being looked after at home
We answer in English, explain each step before you sign, and stay with you after the company is formed.
How we check every fact
- We read every rule in the official text and link it.
- Every page shows the date it was last verified, and changes are logged on the Blog.
How we work with you
A signed contract
Before we start, we sign a written contract with you: the services, the fixed fee and what is not included.
An invoice for every expense
You receive an invoice or official receipt for every government fee and third-party cost we pay on your behalf.
Licensed attorneys
Your case is handled by Panamanian attorneys admitted to practice in Panama.
Official sources
- Law 32 of 1927 on corporations, Official Gazette 5067: Formation, directors, officers, shares and dissolution.
- Law 129 of 2020, beneficial owner registry, Official Gazette 28985-C: As amended by Law 254 of 2021.
- Superintendency of Non-Financial Regulated Entities: Supervises resident agents and the beneficial owner registry.
- Public Registry of Panama: Records the articles of incorporation and corporate acts.
- General Directorate of Revenue: Annual franchise tax, income tax and the tax ID number.
- Superintendency of Banks of Panama: Due diligence rules for bank accounts.
- IRS, Instructions for Form 5471: For U.S. owners of a foreign corporation.
Last verified: October 28, 2026
Thinking of forming a company in Panama?
Book a free 15-minute call with a Panamanian lawyer. We will tell you what your company needs and what to prepare.