Panama · Step by Step
Key Facts
Two main company types. The Sociedad Anónima (corporation) and the Sociedad de Responsabilidad Limitada (limited-liability company) are the standard vehicles, both incorporated quickly through a lawyer or registered agent.
Territorial tax appeal. Panama generally taxes only Panama-source income, so businesses earning abroad often fall outside the local tax net — confirm your structure with a tax adviser.
The Colón Free Zone. Panama hosts the Colón Free Zone, the largest free-trade zone in the Americas, plus special regimes such as SEM, EMMA and Panamá Pacífico.
