PANAMA IBC CORPORATION
Obtain a Personalized Cost Estimate for an International Business Corporation
What is Included?
The IBC incorporation includes:
- 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
What is Included?
The LLC incorporation includes:
- 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
- Holding Certificates (Participaciones) issued as requested
- Digital Copies of all signed documents
- First Year Government Tax
- Public Registry and Notary Expenses
WHY SHOULD I USE NOMINEES ?
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 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 with Corporate Nominees.
WHY SHOULD I USE NOMINEES ?
By law, opening a LLC Company requires naming at least 2 persons (individuals or entities) for Managers and 1 for Officers. Managers and Officers may or may not be the same persons. Together, Managers and Officers are responsible for the LLC management and administration before the law . The names of Managers and Officers are recorded in the Panama Public Registry.
Panamanian law allows the use of Nominee Managers and Officers. Kraemer and Kraemer offers our law firms’ Corporate Nominees, which can be appointed as your Nominee Managers and / or Officers in your LLC. This has an additional cost of $300 PER YEAR , and allows you to use up to 3 Corporate Nominees, provided by our firm.
Der Einsatz von Corporate Nominees ist eine gute Option, wenn Sie um den Schutz Ihrer Privatsphäre besorgt sind. Bitte beachten Sie jedoch, dass einige panamaische Banken nicht bereit sind, mit einer LLC zu arbeiten, die mit Corporate Nominees registriert ist.
WHY SHOULD I USE NOMINEES ?
Per Panamanian Law, opening a Private Interest Foundation (P.I.F.) requires naming at least 1 person (people or entities) as the founder and 3 Advisory Council Members.
The founders and the council members can be the same people.
Together the founders and council members are publicly responsible for the administration of the P.I.F., and the names of the founders and council members are registered in the Panama Public Registry.
The Panamanian law allows the use of Nominal Founders and Council Members.
Kraemer & Kraemer offers corporate nominees from our firm, which could be named your Nominal Founders and Council Members in your P.I.F. This has a yearly fee of $300 and allows the use of up to 3 corporate nominees our Law firm provides.
The utilization of Corporate Nominee service is a great option when it comes to personal privacy, however, you need to be advised that some Panamanian Banks may decline to work with a registered P.I.F. with Corporate Nominees.