🇵🇦 Cost of Setting Up in Panama
Complete cost breakdown for company formation in Panama — formation fees, annual compliance, office space, and structure-specific costs.
Cost Overview
Cost Breakdown (USD)
Formation Cost
$1,000 – $2,000Annual Compliance
$300 – $800Office Space
$0 (registered agent address) – $6,000/year (physical office)Cost by Structure
Anonymous Society (Corporation) (SA)
Minimum CapitalNo minimum required — standard authorised capital of USD 10,000 (no paid-up requirement)
Annual Cost$300 – $800/year (annual franchise tax + registered agent)
Setup Timeline3–5 business days
International Business Company (IBC)
Minimum CapitalNo minimum
Annual Cost$300 – $600/year
Setup Timeline3–5 business days
This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.