Enhance productivity and growth Low Entry Barriers No Tax on overseas profits Easy Company Registration Process Growing Start-up Culture Politically Stable Economy Favourable tax laws 1Trade Benefits Confidentiality and Privacy laws Stable Government No Lifting of Corporate Veil Anonymous Ownership In this business structure, the partners have joint unlimited liability. It implies that for the mistake of one partner, all the partners have to suffer. Limited Liability Company can have partners between 2 to 20. Partners must be registered at the Public Registry Office. Partners can be either natural or legal persons. The share capital is merged with the contributions of the partners and can be in any currency. Limited Partnership is a hybrid business structure between a general partnership and a joint stock company. In this, the partnership coexists between partners who contribute work and general partners who contribute capital but are dormant in the management of the business. In this type of business structure, the capital is divided into shares depending on the contributions of the partners. Here one of the partners is responsible for the administration of the company and has an obligation towards the company while the rest of the partners don't have this responsibility. This is the most preferred type of business structure in Panama. Various tax benefits are available under this structure. Its capital depends upon the economic contribution of all its partners. It is divided into shares. At least 2 persons must be of any other nationality and not be a domicile in Panama. Those foreign corporations that register some of their Documents in the Public Registry Office are considered to be valid to avail benefits under the Panamanian legislation. In this business structure, there is only one owner. The owner transfers the assets of the business and the liability of the owner is limited to the extent of the assets transferred. Individual Income Tax Corporate Tax VAT/GST or ITBMS (Impuesto de transferencia de Bienes Muebles y Prestacion de Servicios) Insurance Tax Dividend Tax Withholding Tax Social Security Contributions Selective consumption tax or ISC (Impuesto selectivo al consumo) Capital Gains Tax Stamp Duty Enterslice is a leading management consultancy firm that offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe. Our Panama Entry Strategy includes the following services:Benefits of Entering Panama
Types of Business Structure in Panama
General Partnership (‘Sociedad Colectiva General’)
Limited Liability Company (‘Sociedad Colectiva Limitada’)
Limited Partnership (‘Sociedad en Comandita Simple’)
Limited Partnership by Shares (‘Sociedad en Comandita por Acciones’)
Stock Company (‘Sociedad Anonima’)
Foreign Corporation (‘Sociedad Anonima Extrajera’)
Individual Limited Liability Companies (‘Empresas Individuales de Responsabilidad Limitada’)
Different Types of Taxes in the Panama
About our Services
Our Panama Entry Strategy is classified into the following: Our business set-up services include advisory related to the type of business structure one should opt for while setting up a business in Panama. There are various business structures in Panama. Our team analyzes and recommends the most suitable business structure for your business. After choosing the business structure, we assist in business formation and registration. We assist in Paper works relating to business registration and assist in opening a bank account in Panama. We also assist in obtaining licenses and permits. Consultancy services pertaining to managing business in Panama are provided by our team. Consultancy services include maintenance of proper records and Documents and advisory relating to filing requirements and compliance. Our legal experts advise on legal issues and concerns pertaining to contract disputes, corporate decisions, corporate growth, and other practices. Our legal team also assists in preparing and reviewing legal Paper works related to the business establishment and operation. Our team provides tax compliance and audit services. We assist in obtaining tax registration. We advise and guide regarding the maintenance of proper records, invoices, and Documents regarding business operations. We provide auditing services as and when required by the tax administration. Our IP experts provide legal advice on the protection of Intellectual Property and formulate strategies for obtaining Trademark Registration in Panama by filing a trademark registration application. We also advise on various IP-related issues. Panama is an ideal location to start or expand your business. It has an advantageous location as well as flexible laws which ease doing business in Panama. It is a tax haven country and follows a ‘no information exchange’ policy so the details of the business remain private. A minimum of 3 directors and 1 shareholder is required for an offshore company in Panama. Yes. In order to attract foreign investment Panama provides very benefits such as the right to manage investment earnings as they prefer. Panama provides an exemption from payment of Income Tax for companies incorporated in Panama but generating income abroad. Further, the total exemption is provided from payment of tax on movable goods and services on activities carried out outside Panama. Yes. Enterslice has an experienced team of lawyers who provide end-to-end assistance in drafting relevant legal and contractual Documents. Incorporating a company in Panama is a simple process. The steps in incorporating a company in Panama are as follows: i. Formulate the company's bye-laws ii. Registration of the company with the government authority iii. Open a Bank Account in Panama iv. Start operating your business after obtaining the relevant license Panama has strict laws maintaining confidentiality and privacy. It has a reliable bank account and corporate book secrecy laws. The constitutional law of Panama also protects the privacy and confidentiality of the information. Panama has no concept of "Lifting of Corporate Veil" which ensures that the corporate books and information remain 100% private and confidential. 24x7 Client relationship support desk. Tech-enabled service delivery platform. Dedicated foreign Investment desk. 50,000+ Network of Lawyers/Attorney’s/CA/CPA/CFA. Strong team of Inhouse Lawyers/Attorney’s/CA/CPA/CFA A wide Network of Audit and Law firms in India. Individual and Dedicated professionals on every assignment. We register 100+ Companies every Month If you have any queries related to the Process, feel free to contact us. We will provide -- Testimonials “Enterslice guided me through registering my offshore company in Panama with clarity and professionalism. Their advice on structure and documentation saved me time. A solid experience overall.” Verified Customer “Panama was new territory for me, but Enterslice handled it like experts. They took care of all the legal steps, explained tax benefits, and even helped with nominee services. Everything was done on time and with clear updates. I’m impressed.” Verified Customer “I didn’t know much about Panama incorporation, but Enterslice broke it down simply. Their team was responsive, kept things moving, and knew exactly how to deal with local requirements. They made it easy for someone starting from scratch.” Verified Customer “Really appreciate the hands-on support from Enterslice while setting up my Panama entity. They were transparent about the process, fees, and timelines. No surprises — just smooth execution. Happy with how everything turned out.” Verified Customer “I liked their straight-talk and efficiency. Enterslice helped me register my Panama company in less time than expected and handled all filings and coordination without delays. Well done guys.” Verified CustomerAbout Panama Entry Strategy
Business set-up Services
Consultancy Services
Legal Advisory Services
Tax and Audit Services
Intellectual Property Advisory Services
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