FEES & PAYMENTS
Fee Schedule
All fees are quoted in US Dollars.
Business and Corporations
| Legal Fee | |
|---|---|
| IBC Corporation (With Nominees) (There is a charge of $300 per year to use Nominee Directors. First year is included in this cost) Why should I use Nominees?
|
$1,400.00Add to Order |
| IBC Corporation (No Nominees) | $1,100.00Add to Order |
| LLC Company (With Nominees) (There is a charge of $300 per year to use Nominee Directors. First year is included in this cost) Why should I use Nominees?
|
$1,400.00Add to Order |
| LLC Company (No Nominees) | $1,100.00Add to Order |
| Non Profit Organizations | 1,500.00 |
| Partnership Companies | 800.00 |
| Private Interest Foundation (With Nominees) (There is a charge of $300 per year to use Nominee Directors. First year is included in this cost) Why should I use Nominees?
|
$1,500.00Add to Order |
| Private Interest Foundations (No Nominees) | $1,200.00Add to Order |
| *Resident agent, books and tax are included | |
| Business Licenses | 250.00 |
| Nominee Directors | 300.00 |
| Change of Directors or Officers, Name of Entity, Resident Agent or Shares | 450.00 |
| Public Registry Certificate for the Entity | 75.00 |
Immigration
| (2) Legal Fees & Government Cost |
Total | |
|---|---|---|
| RETIREES AND PENSIONER VISA (1) | ||
| Main Applicant | Legal: $1,200 Gov: $400 |
|
| Dependent Include in my order |
Legal: $300 Gov: $300 *per dependent |
|
| FRIENDLY NATIONS VISA (1) | ||
| Main Applicant | Legal: $1,200 Gov: $1,400 |
|
| Dependent, under 12 years old Include in my order |
Legal: $300 Gov: $500 *per dependent |
|
| Dependent, 12 years old or more Include in my order |
Legal: $300 Gov: $1,400 *per dependent |
|
| E-Cedula | Contact us | 65.00 |
(1) Multiple entry visa is included
(2) Government costs include check to the National Treasury ($250) and/or check to the National Immigration Service ($800) when applicable, and other government-related process costs.
Complementary Services
| Legal Fee | |
|---|---|
| Visto Bueno Add this service if your background check has previous records and you intend to start an immigration process in Panama. |
$300.00Add to Order |
| Bank Referral and Assistance Add this service if you need assistance opening a personal bank account in Panama for immigration purposes. Kraemer & Kraemer provides you with a Reference Letter upon review of your documentation. The services DOES NOT include physically visiting the bank with the client. |
$200.00Add to Order |
| Escrow for Bank Opening Add this service if you need assistance holding funds from abroad before you open your personal bank account in Panama. |
$200.00Add to Order |
| Escrow for 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 1% of the escrow amount every 45 calendar days. Balances above $300 will be settled before funds are released. |
$300.00Add to Order |
Other Payments
| Make Payment to My Account Charaters allowes: alphan-numeric and simple punctuation marks (.; -_) |
Other Services
Please Contact Us
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.
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.
Contact us with your questions, or to start your process today!
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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.
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 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.
