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Branch of a Foreign Company formation costs in Panama

Government filing from $250 · annual maintenance from $300

Last verified: June 13, 2026

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Cost summary

State Filing

$250

one-time

Mandatory Annual Fee

$300

per year

First-Year Total

$1,850

incl. required services

Annual Ongoing

$550

from year 2

Cost Breakdown

Detailed breakdown of formation and ongoing costs

ItemTypeAmount
State filing fee (Public Registry)One-time$300
Annual Franchise Tax (Tasa Única)Annual$300
Resident Agent FeeAnnual$250
Notary and Translation FeesOne-time$400
Legal/Professional FeesOne-time$600
First year total$1,850
Annual ongoing$550

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Branch of a Foreign Company cost FAQ

How much does it cost to form a Branch of a Foreign Company?

The government filing fee starts at $250. Including required services, expect a first-year total of about $1,850.

What are the annual costs of a Branch of a Foreign Company?

The mandatory state/annual fee starts at $300. With recurring services like a registered agent, total ongoing costs are about $550 per year.

How long does Branch of a Foreign Company formation take?

Standard processing takes 10-15 business days (after document arrival). Expedited processing (3-5 business days for an extra $250) is available.

Is a registered address required in Panama?

Yes. Typical cost: $250 - $500 per year (typically included in the Resident Agent fee). Virtual offices are allowed.

Is there a minimum capital requirement for a Branch of a Foreign Company?

No, there is no minimum capital requirement. There is no strict minimum paid-up capital required by law, but the parent company's board resolution must declare the amount of capital allocated to the Panamanian branch's operations.

Can I form a Branch of a Foreign Company remotely?

Yes, no local director is required. Foreign directors are allowed, but the branch must appoint at least one legal representative residing in Panama.

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