Panama IBC incorporation

The Panama International Business Corporation is a long-established vehicle used to hold assets and carry out consulting, technology, holding, licensing and family-office activities. Its central feature is Panama's territorial tax system: only income generated within Panama is taxed, while foreign-sourced income falls outside the Panamanian tax net.

The process is completed entirely remotely — no travel to Panama is required. Once we have your documents and payment, the company is incorporated and the full document set dispatched within roughly five business days.

• Territorial taxation — only Panama-sourced income is taxed. Foreign-sourced earnings, including from securities, bank accounts, investments, property transactions and dividends from overseas entities, fall outside the Panamanian tax net.
• A board of three is mandatory — President, Secretary and Treasurer. They need not be Panamanian nationals or residents, but their names appear in the Public Registry.
• Fully remote incorporation, with the document set delivered worldwide by courier in approximately five business days.
• Accounting records must be kept with supporting documentation. Records may be held outside Panama, but a copy must reach us as resident agent each year by 30 April.
• Beneficial ownership is reported by the resident agent to the Superintendency of Non-Financial Subjects through a private registry accessible only to designated authorities.
• From fiscal year 2027, entities forming part of a multinational group and receiving foreign-source passive income fall within the economic substance regime of Law 526 of 2026.