FEES & PAYMENTS
Fee Schedule
All fees are quoted in US Dollars.
Business and Corporations
Annual Renewals
AGENT
Resident agent (Agente Residente) annual fee
$200.00Add to Order
TAX FEE
Annual fee (Tasa Unica) for International Business Corpration (IBC) or Limited Liability Company (LLC)
$300.00Add to Order
TAX FEE
Annual fee (Tasa Unica) for Private Interest Foundation (IBC)
$400.00Add to Order
FEE
Do I need to pay a late fee?
$50.00Add to Order
Open a new Entity
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What is included?
|
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|---|---|
| No Nominees | $1,400.00Add to Order |
| With Nominees
Why should I use Nominees?
|
$1,700.00Add to Order |
COMPANY
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What is included?
|
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|---|---|
| No Nominees | $1,400.00Add to Order |
| With Nominees
Why should I use Nominees?
|
$1,700.00Add to Order |
| No Nominees | $1,500.00Add to Order |
| With Nominees
Why should I use Nominees?
|
$1,800.00Add to Order |
Immigration
VISA
| Main Applicant Included. Select Dependents: |
|
|---|---|
| Under 12 y/o | |
| 12+ years old | |
| Fees Breakdown | |
VISA
| Main Applicant Included. Select Dependents: |
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|---|---|
| Any Dependents |
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| Fees Breakdown | |
Real Estate Transactions
up to $300K
What is included?
To Pay Now: $750 $750.00Add to Order
Total:$1500
$300K – $500K
What is included?
To Pay Now: $1000 $1,000.00Add to Order
Total:$2500
$500K or more
What is included?
0.5% of Value
Contact Us
Complementary Services
BUENO
Add this service if your background check has previous records and you intend to start an immigration process in Panama.
$400.00Add to Order
AND ASSISTANCE
Kraemer & Kraemer can pre-approve your account 2 weeks prior to scheduled arrival and includes one of our associates accompanying the client to the bank to officially open the account.
$400.00Add to Order
BANK OPENING
Add this service if you need assistance holding funds from abroad before you open your personal bank account in Panama. The cost of this service is the greater of $300 or 0.5% of the escrow amount every 2 months.
$300.00Add to Order
REAL ESTATE
Add this service if you need assistance holding funds from abroad to complete a Real Estate transaction in Panama through our firm.The cost of this service is the greater of $300 or 0.5% of the escrow amount every 2 months. Balances above $300 will be settled before funds are released.
$300.00Add to Order
Includes a 1-hour meeting, either in-person or phone call, with one of Kraemer & Kraemer´s attorneys.
$200.00Add to Order
PERMIT
Applicants of the FNV process can open proceed with obtaining a work permit to legally work in Panama. This includes all legal fees and government costs. NOTE: Work permits for clients who did a different resident process (such as married with a Panamanian) will need to get a different work permit which has different costs.
To Pay Now: $500 $500.00Add to Order
Total:$950
Assistance in obtaining a personal tax ID number in Panama.
$400.00Add to Order
ASSISTANCE
Assistance in applying for the cedula as well as picking up the cedula 2 weeks later once it is ready. We will either keep it in our offices until they can pick it up or mail it through to them (courier fees apply).
To Pay Now: $200 $200.00Add to Order
Total:$265
International Offshore Corporations (IOC)
| No Nominees | $1,400.00Add to Order |
| With Nominees Why should I use Nominees?
|
$2,000.00Add to Order |
| No Nominees | $1,600.00Add to Order |
| With Nominees Why should I use Nominees?
|
$2,200.00Add to Order |
| No Nominees | $5,300.00Add to Order |
| With Nominees Why should I use Nominees?
|
$6,550.00Add to Order |
| No Nominees | $1,400.00Add to Order |
| With Nominees Why should I use Nominees?
|
$2,000.00Add to Order |
| No Nominees | $1,700.00Add to Order |
| With Nominees Why should I use Nominees?
|
$2,400.00Add to Order |
| No Nominees | $3,500.00Add to Order |
| With Nominees Why should I use Nominees?
|
$4,250.00Add to Order |
| No Nominees | $1,500.00Add to Order |
| No Nominees | $2,500.00Add to Order |
| With Nominees Why should I use Nominees?
|
$3,400.00Add to Order |
| No Nominees | $1,400.00Add to Order |
| With Nominees Why should I use Nominees?
|
$2,150.00Add to Order |
| No Nominees | $1,400.00Add to Order |
| With Nominees Why should I use Nominees?
|
$2,000.00Add to Order |
Other Services *
Please Contact Us
| Use this option to contract other services not listed in this page. Charaters allowes: alphan-numeric and simple punctuation marks (.; -_) |
* DO NOT use this option to make a payment to an existing invoice / contracted service.
Instead, go to Client Dashboard > Invoices and use the Make a Payment feature.
Important Notes
Services for opening a corporation, company, organization, or foundation must be paid in advance.
All other services require an initial 50% retainer for legal fees. The pending balance on legal fees is paid upon completion of our services. Government costs must be paid in advance.
Kraemer & Kraemer works on a minimum retainer of USD $500.
To obtain a sample cost breakdown, choose a service and click Add to Order. Then, click View Order to preview your order details.
Kraemer & Kraemer retains 50% of paid legal fees on early contract cancellations. Any other costs will be covered before a reimbursement is issued.
Payment Methods
We offer our clients the following payment options
Kraemer & Kraemer uses XE.com as the reference for currency conversion.
For more information, please Contact Us.
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.
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 a LLC registered with Corporate Nominees.
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 an Private Interest Foundation (PIF) requires naming at least 1 person (individuals or entities) as a Founder and 3 for Council Members. Founders and Council Members may or may not be the same persons. Together, Founders and Council Members are responsible for the PIF management and administration before the law . The names of Founders and Council Members are recorded in the Panama Public Registry.
Panamanian law allows the use of Nominee Founders and Council Members. Kraemer and Kraemer offers our law firms’ Corporate Nominees, which can be appointed as your Nominee Founders and / or Council Members in your PIF. 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 a PIF registered with Corporate Nominees.
WHY SHOULD I USE NOMINEES ?
Opening an International Offshore Corporation will require naming Directors and Officers according to the laws of your selected jurisdiction. Together, Directors and Officers are responsible for the management and administration of your Corporation before the law, and their names may or may not be recorded in the local Public Registry.
However, this jurisdiction allows the use of Nominees. In that case, Kraemer and Kraemer offers our law firms’ Corporate Nominees, which can be appointed as your Nominee Directors and/or Officers in your Corporation. This has an additional yearly cost depending on your jurisdiction of choice.
Using Nominees is a good option when you are concerned with personal privacy. However, please be advised that some banks may not be willing to work with a Corporation using Corporate Nominees.
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
