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Private Interest Foundation formation costs in Panama

Government filing from $350 · annual maintenance from $400

Last verified: June 13, 2026

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Cost summary

State Filing

$350

one-time

Mandatory Annual Fee

$400

per year

First-Year Total

$2,400

incl. required services

Annual Ongoing

$2,000

from year 2

Cost Breakdown

Detailed breakdown of formation and ongoing costs

ItemTypeAmount
Government Registration FeeOne-time$100
Annual Franchise Tax (Tasa Única)Annual$400
Registered Agent & Legal FeesAnnual$1,000
Nominee Foundation CouncilAnnual$600
Drafting of Private By-lawsOne-time$300
First year total$2,400
Annual ongoing$2,000

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Private Interest Foundation cost FAQ

How much does it cost to form a Private Interest Foundation?

The government filing fee starts at $350. Including required services, expect a first-year total of about $2,400.

What are the annual costs of a Private Interest Foundation?

The mandatory state/annual fee starts at $400. With recurring services like a registered agent, total ongoing costs are about $2,000 per year.

How long does Private Interest Foundation formation take?

Standard processing takes 3-5 business days. Expedited processing (1-2 business days for an extra $150) is available.

Is a registered address required in Panama?

Yes. Typical cost: $300 - $500 per year. Virtual offices are allowed.

Is there a minimum capital requirement for a Private Interest Foundation?

Yes, the minimum capital is USD 10,000. The $10,000 minimum stated patrimony must be declared in the Foundation Charter, but it does not need to be paid up or deposited immediately.

Can I form a Private Interest Foundation remotely?

Yes, no local director is required. A Foundation Council is required (minimum 3 individuals or 1 corporate entity), but members can be of any nationality and reside anywhere.

Estimates based on guide data and typical market rates. Actual costs vary by provider and circumstances.