How to Form a Company in Panama as a Non-Resident — 2026 Guide
Panama SA (Sociedad Anónima) — classic offshore/international structure. Bearer shares abolished (2015).
Panama SA (Sociedad Anónima) — classic offshore/international structure. Bearer shares abolished (2015). 0% corporate tax on foreign-source income (territorial system). Formation: $800–1,500. Annual maintenance: $300–600. Banking: increasingly difficult without genuine substance; Banistmo, Global Bank. FATF grey-listed Panama (as of this writing) — some banks have restrictions. Best use case: holding company for LatAm assets rather than active trading entity.
Related Guide
Read the complete formation guide for this country — structures, costs, taxes, banking, and visas.
View full guideNeed help choosing the right jurisdiction?
Use our free Country Picker tool or get a personalised consultation.
This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.