Panama Corporations Key Facts 

• The corporate name of a Panama corporation may be stated in any language using Latin characters. All company names must end with one of the following suffixes: “Corporation”, “Incorporated” or “Sociedad Anonima” or the abbreviated “Corp”, “Inc.” or “S.A.” The name cannot have “Limited” or the abbreviated “Ltd” as a suffix. 
• It takes approximately 3 days to incorporate a company with a requested name. 
• The standard authorised share capital of a Panamanian corporation is USD10,000. 
• The capital may be stated in any currency. 
• The minimum number of shareholders permitted is one. 
• Bearer shares are permitted. 
• Details of the shareholders do not need to be disclosed to the Registry. 
• It is required to maintain a share register however this does not need to be kept in Panama. 
• Shareholders meetings can be held anywhere in the world. 
• The minimum number of directors permitted is three. In addition a President, a Secretary and a Treasurer need to be appointed, however these positions can also be held by the directors as long as they are three separate individuals or Corporate Bodies. 
• Directors can be individuals or corporate bodies of any nationality. 
• Meetings of the Directors can be held anywhere in the world. 
• Directors’ names and addresses are disclosed on the Public Registry. 
• Annual accounts do not need to be prepared or audited. 
• No company seal is required.