Obtain a Personalized Cost Estimate for a Limited Liability Company (LLC)
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 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.