Territorial tax regime (from 2027, 15% on foreign passive income of multinational group entities without Panama substance)

Owners not on the public register (disclosed to the resident agent and authorities)

Flexible corporate structure

Stable banking sector

No minimum capital requirement

Minimum 3 directors (can be corporate or individual)

No residency requirements

Registered office in Panama

Local registered agent

Annual franchise tax

International trading

Holding companies

Asset protection structures

Private interest foundations (PIFs)

Private asset management