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About Panama IBC Corporations

Law 32 of February 26th, 1927 created the International Business Corporations (IBC) in Panama, leading it to be one of the most popular legal entities for Asset Protection in the world.

Basically, the Panamanian IBC (or S.A. for Anonymous Society in Spanish) is a “Shares Company”, whose shares can be issued either nominative or to the bearer, being this last option the one that gives this entity its quality of anonymity.

Among its benefits are that there are no requirement of publicly disclosing the shareholders; and that the shareholders assets are legally separated from the company’s assets.

Nowadays though, with the new international banking regulations, if the corporation is holding a bank account, it is mandatory to disclose the corporation’s shareholders information to the bank, or even to have the shares issued nominative instead of to the bearer.


  • Shareholders’ personal assets are protected from Corporation’s liabilities, and vice versa
  • It has a legal identity for business and civil acts
  • The recommended capital investment of USD $10,000.00 can be less or more and is not required to be paid up front.
  • Accounting books and corporate meetings can be held anywhere in the world
  • Minimum 3 board members are required
  • Shares can be issued nominative or to the bearer
  • Excellent legal instrument for asset protection, either real estate, banking or brokerage worldwide
  • Excellent for new or on going businesses

Contact Us today for further information, or to order your corporation online.

Visit our Frequently Asked Questions for answers to common inquires from our clients.

Open your IBC Corporation in Panama Today

  • Certificate of Incorporation (CRP)
  • Certificate of Incorporation English Translation
  • Original Articles of Incorporation (Pacto Social and Deed)
  • Corporate Handbook including:
    • Minutes
    • Notarized Stock Registry
    • Notarized Acts Record
    • Resignation of Subscribers
    • Resignation of Nominee Directors (if applicable)
    • Meeting of Board of Directors
    • RUC/Tax ID Number
    • Tax Login Account Info
    • Share Certificates issued as requested
    • Digital Copies of all signed documents
  • First Year Government Tax
  • Public Registry and Notary Expenses

Start your IBC Corporation (No Nominees)

$1,400.00Add to Order

Start your IBC Corporation (With Nominees)
(There is a charge of $300 per year to use Nominee Directors. First year is included in this cost)

$1,700.00Add to Order

By law, opening an IBC Corporation requires naming 3 persons (individuals or entities) for Directors and 3 for Officers. Directors and Officers may or may not be the same persons. Together, Directors and Officers are responsible for the IBC management and administration before the law. The names of Directors and Officers are recorded in the Panama Public Registry.

Panamanian law allows the use of Nominee Directors and Officers. Kraemer and Kraemer offers our law firms’ Corporate Nominees, which can be appointed as your Nominee Directors and / or Officers in your IBC. This has an additional cost of $300 PER YEAR , and allows you to use up to 3 Corporate Nominees, provided by our firm.

Using Corporate Nominees is a good option when you are concerned with personal privacy. However, please be advised that some Panamanian banks may not be willing to work with an IBC registered with Corporate Nominees.

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