Panama · 2026 cost breakdown

Panama corporation cost.

A Panama corporation (Sociedad Anónima) offers territorial taxation and is one of the few offshore vehicles with a double-tax treaty with the UAE. Here is the complete 2026 Panama corporation cost.

Itemised cost

What you actually pay, line by line.

ItemAmountNote
Government incorporation feeUSD 250 – 500One-time
Annual franchise tax (tasa única)USD 300Per year
Registered/resident agentUSD 800 – 1,500Per year; mandatory
Notarised Articles + Public Registry filingUSD 600 – 1,000Year 1
ArxSetup professional feefrom USD 3,000KYC, apostille, structuring
Year-1 all-infrom USD 5,800
Year-2 onwardsfrom USD 4,000

Government fees are pass-through and may be revised by the regulator without notice. AED/USD conversions are indicative. ArxSetup professional fees are fixed and quoted in writing before engagement. Figures current May 2026.

Reviewed by the ArxSetup editorial team

Reviewed by qualified counsel within ArxSetup and our affiliated practices, Neo Legal (UAE) and Cornwalls (Australia). Figures verified against primary regulator sources. Last reviewed: May 2026. Est. 2021 · DDA Licence 107229 · direct registry filing partner. How we review →

Frequently asked

Common questions.

The questions clients ask most before committing. Current to 2026, reviewed by counsel.

How much does a Panama corporation cost in 2026?

From USD 5,800 all-in for year one — government incorporation (USD 250–500), annual franchise tax (USD 300), resident agent (USD 800–1,500), Public Registry filing, plus the ArxSetup professional fee. Year two is from USD 4,000.

Is a Panama corporation tax-free?

Panama uses territorial taxation — income sourced outside Panama is exempt from Panamanian corporate, income and capital-gains tax. Panama-source income is taxed at 25%.

Does Panama have a tax treaty with the UAE?

Yes — the UAE–Panama double-tax agreement has been in force since 2013, allowing reduced withholding and treaty-residence benefits. This is rare among offshore jurisdictions.

How many directors does a Panama corporation need?

At least three directors (any nationality, individual or corporate) and one shareholder. Nominee directors are widely used and accepted.

Is Panama still on any blacklists?

No — Panama was removed from the FATF grey list in October 2023 and the EU high-risk-country list in March 2024.

This page is general information, reviewed May 2026 — not legal, tax or immigration advice, and it does not create a client relationship. Advice specific to your circumstances is provided only under a signed engagement letter. Government fees are set by the relevant authority and may change without notice. Where local registered agents are required, we coordinate with licensed partners and disclose their role in writing.