Panama is one of the most widely used jurisdictions in Latin America for forming companies, thanks to its legal stability and its Sociedad Anónima regime. If you live outside Panama and want to open your company here, the whole process can be handled remotely.
What is a Panamanian Sociedad Anónima?
It is the most common legal entity for doing business in Panama. It allows the company to operate, hold corporate bank accounts and own assets in its own name, keeping personal assets separate from the company's.
Licensed registered agent
Every Sociedad Anónima in Panama must have an authorized registered (resident) agent — a Panamanian lawyer or law firm. We fulfill that role, serving as your permanent legal point of contact before the Panamanian authorities.
What you need to get started
- Identification of each shareholder or director (valid passport).
- Proposed name for the company (with alternatives, in case the first choice is already taken).
- Basic information about the purpose and activity of the company.
- Beneficial Owner registry details, a Panamanian legal requirement for all companies.
General steps of the process
- Initial consultation to understand your case and confirm the name is available.
- Due diligence — we review the documents of each shareholder/director, as required by Panamanian law.
- Drafting of the articles of incorporation (pacto social) and other founding documents.
- Notarization and registration with the Public Registry of Panama.
- Delivery of your incorporated company, ready to operate or to apply for a bank account.
Frequently asked questions
Do I need to travel to Panama?
No. The entire formation process can be handled remotely, coordinating the signing and sending of documents according to your country of residence.
How long does it take?
It depends on how quickly each shareholder's documents are gathered. We give you a realistic estimate in the initial consultation.
This article is for information only and does not replace personalized legal advice. Each company formation has its own particulars depending on the shareholders' country of origin and the purpose of the company.
For clients in Türkiye (English · Türkçe): Company formation in Panama