Panama Company Set up Procedures

Prior to Panama company set up, our client settles our fees and signs Healy Consultants' engagement letter.

Healy Consultants provides our client with a detailed engagement plan, outlining a roadmap for Panama company registration, this is an opportunity for the client to voice any concerns and minimises unwanted surprises in meeting client expectations.

Our client and Healy Consultants agree the legal, tax and accounting implications of Panama company registration.

Before Panama company set up, Healy Consultants prepares incorporation documents for our client's signature and return to us.

Prior to Panama company registration, our client and Healy Consultants also agree the company name and the optimum corporate structure, including shareholders and directors.

Before Panama company set up, Healy Consultants also collects the required due diligence from our client, including passport copies, proof of address, and details on the company's intended activities.

After checking the company name, Healy Consultants Incorporation Team will register the company with the Panama Public Registry.

To support Panama company set up, Healy Consultants Incorporation Team will register with the Ministry of Economy & Finance. This registration will get a Tax Registration Number for the company. These documents will be mailed to our client.

Following Healy Consultants Incorporation Team will also register with the Ministry of Commerce & Industry (MICI) for a commerical license.

Healy Consultants will register with municipality and get a “Paz y Salvo Municipal”.

Healy Consultants Incorporation Team liaises with the Public Registry to complete Panama company registration. Panama company set up is completed with the corporate structure as approved by our client.

Following Panama company registration, Healy Consultants provides our client with a complete company kit including i) a bound copy of the Panama government approved Articles of Association ii) original share certificates iii)an original Panama government receipt as evidence of payment of annual Panama company registration and license fees iv)original Certificate of Incorporation.

Following Panama company set up, Healy Consultants Company Secretary Team prepares all post incorporation documents, including minutes of the first meeting, preparation of By Laws, issuance of initial Share Certificates.

To support Panama company set up, Healy Consultants' Banking Team completes corporate bank account opening for our client. The account includes world-class multi-currency Internet banking facilities. In Panama Healy Consultants can work with banks that are highly regarded locally as well as internationally such as HSBC.

To support Panama company set up, Healy Consultants provides our client with a local business address in the Panama for invoicing purposes, together with telephone, fax and email support.

Healy Consultants assists our client to obtain corporate finance, trade finance and to open merchant accounts to accompany Panama company set up.

Healy Consultants assists our client with business website building, search engine advertising, as well as stationery and logo design, to support Panama company registration.

If required, Healy Consultants assists our client to locate business premises in the Panama and recruit local staff following Panama company set up.

Following Panama company registration, Healy Consultants e-mails an Engagement Feedback Survey to our client.