Benefits of Having a Sociedad Anónima in Panama
✅ Limited Liability – Shareholders are not personally liable; they are only responsible for the capital invested in the company.
✅ Privacy & Confidentiality – Shareholders' names are not publicly disclosed, protecting the company’s identity and structure.
✅ No Minimum Capital Required – You can establish a company without needing a minimum investment.
✅ Flexible Management – Directors and shareholders do not need to be residents of Panama, and meetings can be held from anywhere in the world.
✅ Low Administrative Burden – There is no requirement to file financial statements or annual audits, making management easier.
✅ Competitive Tax System – Taxes are only paid on income generated within Panama; foreign-sourced income is tax-exempt.
✅ Legal Protection & Stability – Panama has a solid legal framework, political and economic stability, and is recognized as a reliable international financial center.
✅ Mandatory Resident Agent – Every Sociedad Anónima in Panama must have a resident agent, which is a local lawyer responsible for receiving legal notifications. This agent has no control over the company and only fulfills legal requirements.
Additional Advantages for Foreigners
🌍 100% Foreign Ownership – No local partner is required, giving you full control over the company.
🌍 Tax Exemption on Foreign Income – You only pay taxes in your country of residence if applicable.
🌍 Fast & Affordable Incorporation – Your company can be operational in just a few days with low setup costs.