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Corporation (Sociedad Anónima) formation costs in Panama

Government filing from $300 · annual maintenance from $300

Last verified: June 13, 2026

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Cost summary

State Filing

$300

one-time

Mandatory Annual Fee

$300

per year

First-Year Total

$900

incl. required services

Annual Ongoing

$650

from year 2

Cost Breakdown

Detailed breakdown of formation and ongoing costs

ItemTypeAmount
State filing feeOne-time$60
Annual Franchise Tax (Tasa Única)Annual$300
Notary feesOne-time$75
Resident Agent feeAnnual$350
Corporate kit & translationsOne-time$115
First year total$900
Annual ongoing$650

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Corporation (Sociedad Anónima) cost FAQ

How much does it cost to form a Corporation (Sociedad Anónima)?

The government filing fee starts at $300. Including required services, expect a first-year total of about $900.

What are the annual costs of a Corporation (Sociedad Anónima)?

The mandatory state/annual fee starts at $300. With recurring services like a registered agent, total ongoing costs are about $650 per year.

How long does Corporation (Sociedad Anónima) formation take?

Standard processing takes 5-7 business days. Expedited processing (2-3 business days for an extra $250) is available.

Is a registered address required in Panama?

Yes. Typical cost: $300-$600/year (often included in the Resident Agent fee). Virtual offices are allowed.

Is there a minimum capital requirement for a Corporation (Sociedad Anónima)?

No, there is no minimum capital requirement. There is no mandatory minimum paid-up capital. The standard authorized capital is $10,000, but it does not need to be deposited.

Can I form a Corporation (Sociedad Anónima) remotely?

Yes, no local director is required. A minimum of three directors is required (President, Secretary, Treasurer), but they can be of any nationality and reside anywhere. Nominee directors are permitted.

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