Incorporate Your Offshore Company in Panama With Full Privacy in 7 Days
Panama is one of the world’s most established and trusted jurisdictions for offshore company formation. With investor-friendly laws, strong privacy protections, and a competitive tax framework, an offshore company offers international entrepreneurs and investors the flexibility to operate globally while enjoying legal and financial advantages.
Whether you are exploring offshoring services for the first time or want to understand the full process of company formation in Panama, this guide walks you through everything you need to know, from benefits and requirements to registration steps.
A Panama offshore company is a legal entity incorporated in Panama but operating primarily outside the country. Also known as company offshore, it is regulated under Panama’s Law 32 of 1927, one of the most business-friendly corporate laws in the world.
Key uses include:
For decades, Panama corporations have been a preferred choice for global investors, thanks to:
These advantages make offshore corporations in Panama ideal for international trade, holding assets, protecting wealth, and optimizing taxes legally.
The benefits of an offshore company extend far beyond just tax advantages:
International banking opportunities with reputable institutions
You must follow Panama’s corporate laws to successfully incorporate an offshore company.
By law, you must work with a licensed Panamanian lawyer or law firm to form an offshore company. This ensures the incorporation complies with Panama’s legal requirements.
Choose your company name, share distribution, and appoint directors.
Your lawyer files the incorporation documents with the Public Registry.
Obtain the Articles of Incorporation, share certificates, and corporate seal.
Pay annual government fees and keep corporate records updated.
Offshore Panama company formation is ideal for:
UK
USA
Canada
Yes. Forming an offshore company in Panama is fully legal under Panamanian corporate law, provided the company operates outside Panama and complies with both local and international regulations applicable in the jurisdictions where it does business.
Once documents are ready, incorporation usually takes 3–5 business days. This includes filing with the Public Registry and issuing official corporate documents through your registered agent in Panama.
If all income is earned outside Panama, no local income tax applies under the territorial tax system. However, you may still be subject to taxes in other jurisdictions where you conduct business or where you reside.
A Panama offshore company offers strong privacy, no currency controls, low incorporation costs, and flexible accounting. There are no nationality restrictions or capital deposit requirements, and physical presence isn’t needed. Most importantly, foreign-sourced income is tax-exempt, making it ideal for global entrepreneurs and asset protection.
To register, you’ll need certified ID and proof of address for all directors, shareholders, and beneficial owners, plus a completed KYC form. A licensed Panamanian lawyer handles the process and files the incorporation documents.
Yes. Panama is a recognized tax haven due to its territorial tax system. Offshore companies that earn income outside Panama are exempt from local income, corporate, and capital gains taxes, offering legal and efficient tax optimization.
Costs depend on the entity type. In 2025, fees range from about $7,970 for a Free Zone Company to $22,100 for a Private Foundation. The standard Panama LLC package costs around $11,130, excluding optional panama offshore services.
Get your company incorporated in as fast as 7 days with Agroup Consulting. Our team of lawyers and tax experts handles every step, ensuring your offshore company is fully compliant and ready for international business.
Contact us now to schedule your free consultation.
