Panama flag Panama: Operating a Business in Panama

Starting a business in Panama

Legal Forms of Companies

Sociedad de responsabilidad limitada or S de RL (Limited Liability Company)
Number of partners: At least 2 shareholders
Capital (max/min): No minimum capital required
Shareholders and liability: Limited to the amount of capital contributions
Sociedad anonima or SA (Corporation)
Number of partners: At least 3 executives and 1 shareholder. No limit in the number of partners
Capital (max/min): USD 10,000
Shareholders and liability: Only limited to unpaid subscribed capital
Sociedad en Comandita Simple
Number of partners: At least two, one general partner and one silent parnet
Capital (max/min): No minimum capital required
Shareholders and liability: Unlimited for general partners, limited for silent partners
Setting Up a Company Panama Latin America & Caribbean
Procedures (number) 5.0 8.0
Time (days) 6.0 25.2

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Panama.
Trade Register

Find out more about Operating a Business in Panama on GlobalTrade.net, the Directory for International Trade Service Providers.

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Latest Update: April 2022

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