business advisory services panama

Setup a 100% Foreign-Owned Company in Panama

Panama is one of the most sought-after business, financial, cultural, and social hubs of the Americas.

The country is rapidly taking the lead in becoming the best financial and commercial global hub the world has ever seen and is one of the fastest growing economies with an average annual growth of 7.2 percent.

Legal@Work offers complete end-to-end solutions including arrangement of Panama permanent residency, registration of your company, obtaining a pensionado visa (not age applicable) for you and your family, assistance in opening bank accounts and any other personal requirements that would help you settle down in Panama.

Make the right choice by investing in the right place at the right time - Panama - make your dreams a reality!

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  • One operating company license for any business activity
    Panama has multiple authorised zones for various business activities. Legal @Work will counsel you on the best one according to the nature of your business. Tech & Fin tech startups, Manufacturing, Media and Marketing, Consultancies etc. all have a dedicated and a growing district whose rules and regulations are extremely conducive for an overall development.
  • Access to personal and corporate banking
    Unlike the United States, opening a commercial bank account involves multiple connections and business license, municipality and shareholder documentation. We help you connect directly with a corporate or personal banker. Many banks also allow you to open an account with them by presenting documents virtually, making the whole process easy and non-complicated.
  • Become a Panama tax resident (0% territorial tax)
    Say goodbye to paying heavy Corporate Taxes and enjoy 100% repatriation of profit and capital. Panama does not have any income or corporate tax on earnings outside of Panama. In order to avoid double taxation of foreign companies, Panama has signed Double Taxation Agreements with many countries across the world.
  • Gain Panamanian residency for you and your family
    In Panama you will find a great balance between professional and family life. Sitting on the middle of the Caribbean and only 2 hours from Miami, Panama runs along both the Pacific and Caribbean with its city area surrounded between by tropical lushness and mountains. Lying within minutes of the Caribbean, it has gorgeous sandy beaches, alongside luxurious and ultra-new urban architecture that combines for a unique experience.
  • No office space required
    To get your company registered you do not need to get an office space and can easily run your business from whichever part of the world you are in without any hindrance. Panama has become a safe and lucrative base for millions of Nomad Entrepreneurs that need to expand their business to a global reach without going through complex and expensive procedures.
  • Gain access to global markets
    Panama practices a culture of open and free trade with its trading partners. The country is packed with free zones that offer incentives like tax and duty exemptions. Panama's canal is an added bonus for the safety and stability of the local economy. And with a dollar based economy private sector companies can recruit and expatriate employees at internationally competitive wages.
  • Scale your business according to your timeframe
    Expanding and scaling the business is totally upon the owner. There are no increasing taxation policies for you to worry about.
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Why Choose Panama

  • Territorial tax system
  • 100% ownership of business
  • Young and Vibrant market
  • The country is leader in Latin America. It offers a perfect ecosystem for business and leisure. Its a Global hub for trade being the central point between North and South America.
  • One of the safest countries in the world. Regional headquarters for many of the Forbes Global 2000 companies. Over 80% of the top regional CEOs of global companies are based in Panama City, Panama.
  • One of the safest countries in the world. Regional headquarters for many of the Forbes Global 2000 companies. Over 80% of the top regional CEOs of global companies are based in Panama City, Panama.
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  • Considered the financial hub for Latin America and recognized as the key trade markets in the world.
  • Fastest growing economy globally with 15.3% growth in 2021 according to the World Bank.
  • Panama is focused on offering the region the best FinTech, Crypto and startup environment with free trade zones, accessible financing and innovative accelerator programs.
  • Largest hub for connectively of flights in Latin America and the most fiber internet rich country in the Americas apart from the US.

Starting a Business in Panama Can be Broken Down in 4 Major Steps:

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