Panama company
A Sociedad Anónima with registered agent, directors and annual franchise tax handled.
- Home
- Panama
Panama City, local time
Company and residency in Panama
Panama taxes only what is earned in Panama. Profit from clients abroad stays untaxed, in a dollar economy with its own foundation law for asset protection.
0%tax on foreign-source income
USDlegal tender alongside the balboa
$200,000real estate route to the Friendly Nations visa
1995private interest foundation law
Is Panama right for you?
We would rather tell you now than after you have moved.
Built for you if
- Your clients are outside Panama
- You want residency in the Americas with a simple tax regime
- You want to place private assets in a foundation
- You earn or hold in US dollars
Probably not, if
- You sell mainly to customers in Panama
- You need an EU company for European clients and VAT
- You want residency without an investment or a job
What we arrange in Panama
Everything you need to live and work there, arranged in one plan.
Six partsOne team.
One team.
One fixed fee.
On the ground, and in your tax position at home.
Book a strategy callPrivate interest foundation
Assets separated from your personal estate, governed by by-laws that are not public.
Residency
Friendly Nations visa, Qualified Investor visa or the pensionado route, depending on your situation.
Bank account
Panamanian banks screen strictly. We prepare the source of funds file they ask for.
Territorial tax position
Documentation that your income is earned outside Panama, so it stays outside Panamanian tax.
Annual compliance
Accounting records, registered agent obligations and filings kept current.
How it holds up at home
Panama is on the EU list of non-cooperative jurisdictions. Payments from an EU company to a Panama entity can trigger extra withholding tax or lost deductions. Panama works once you have moved, or as a layer that does not depend on where you live, such as a foundation.
Timeline
Indicative. Your plan gives the dates for your situation.
- Structure plan and exit review
- Company or foundation registered
- Residency application in Panama City
- Bank account open
Free ebook
Living in Panama. Paying tax on your terms.
Everything you want to know before you move to Panama. Written by our advisors, updated for 2026.
- How the tax system in Panama works, in plain language
- What happens to your foreign income and your company
- How you move, register and become tax resident, step by step
Questions about Panama
Not listed? Ask it on your strategy call.
Is foreign income really untaxed in Panama?
Panama applies a territorial system. Income from activities outside Panama is not subject to Panamanian income tax. Income earned in Panama is taxed at 25% for companies.
Do I need to live in Panama?
Not for the company or the foundation. For residency you travel to Panama for the application. Whether Panama becomes your tax home depends on where you actually live, and on your home country's rules.
What does a Panama foundation do?
It separates assets from your personal estate. The foundation owns the assets, a council manages them, and beneficiaries are named in by-laws that are not filed publicly. It is used for asset protection and succession.
Which residency route fits me?
The Friendly Nations visa suits citizens of listed countries, including the UK, Germany, Spain, the Netherlands and Belgium, with a job or real estate investment. The Qualified Investor visa gives permanent residency quickly against a larger investment. We advise on which one fits your plans.
Often combined with
Most structures use more than one country or company.
Know in one call which structure fits you
You speak directly with an advisor. You get an honest answer, including when that answer is to stay where you are.
- Free, with no obligation
- Pick a time that suits you, straight in the calendar
- A written structure plan with a fixed fee
Your first call
Roman Basaky
Relocation Consultant
Book a strategy call
Opens Roman's calendar. Pick a time that suits you.