PanamaKey facts
- Region
- Central America
- Corporate tax
- 0/25%
- VAT
- 7%
- Currency
- USD/PAB
- Time zone
- EST
- Language
- Spanish
Key advantages
- 0% tax on foreign income (territorial).
- USD economy.
- Strong shipping and banking infrastructure.
Entity types
| Type | Full name | Tax | VAT | Min. capital | Setup time | Best for |
|---|---|---|---|---|---|---|
| SA | Joint-stock company | 0/25% | 7% | USD 10,000 | 2–4 weeks | Holding, SPV, shipping |
Frequently asked questions
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Company type· Panama
Get advice on starting up in Panama
Klaus Garde Nielsen advises on jurisdiction choice, structure and practical setup.
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