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Partnership Limited by Shares formation costs in Panama

Government filing from $60 · annual maintenance from $300

Last verified: June 13, 2026

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Cost summary

State Filing

$60

one-time

Mandatory Annual Fee

$300

per year

First-Year Total

$1,235

incl. required services

Annual Ongoing

$600

from year 2

Cost Breakdown

Detailed breakdown of formation and ongoing costs

ItemTypeAmount
State filing feeOne-time$60
Notary feesOne-time$75
Resident Agent feeAnnual$300
Annual Franchise Tax (Tasa Única)Annual$300
Legal/Professional formation feesOne-time$500
First year total$1,235
Annual ongoing$600

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Partnership Limited by Shares cost FAQ

How much does it cost to form a Partnership Limited by Shares?

The government filing fee starts at $60. Including required services, expect a first-year total of about $1,235.

What are the annual costs of a Partnership Limited by Shares?

The mandatory state/annual fee starts at $300. With recurring services like a registered agent, total ongoing costs are about $600 per year.

How long does Partnership Limited by Shares 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/year (often bundled with Resident Agent fees). Virtual offices are allowed.

Is there a minimum capital requirement for a Partnership Limited by Shares?

No, there is no minimum capital requirement. There is no strict minimum capital requirement under Panamanian law, but standard authorized capital is usually set at $10,000.

Can I form a Partnership Limited by Shares remotely?

Yes, no local director is required. Foreigners can act as general partners (who manage the company). A local resident agent (lawyer or law firm) is legally required.

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