Panama Business Services
About Us Contact Us FAQ Search
   Home ] Up ] Foundations Background ] [ Foundation Pricing ] Foundations Order Form ]
  Panama Business Services - your business solution in Panama.
Home
Why Panama ?
Business Consulting
Local Agent Services
Offshore Corporations
Private Asset Foundations
Immigrant Visas
Other Legal Services
Panama Links
Buy Now
 

Foundation Pricing

Panamanian Private

Asset Foundations

Formation Costs &

Required Information

     For a standard Foundation, with an initial declared capital (this does not have to be paid into the Foundation) not exceeding US$10,000.00, our fee for formation and registration of a Panamanian Private Asset Foundation is US$1,200.00. This price is complete (no hidden charges) and includes:

1. Initial Foundation Registration fee.

2. Foundation Resident Agent fee for the first year, as of the date of registration.

3. Annual Foundation Franchise Tax for the first year, as of the date of registration.

4. All legal fees for the formation & registration of the Foundation.

5. Provision of nominee Foundation Council Directors and officers for the first year from the date of registration, if requested.

6. All Panamanian notary, authentication and registration fees.

7. Certificate of Good Standing (issued by Panama).

7. English translations of Foundation Document, Public Registry Certificate and Certificate of Good Standing.

8. Other misc. expenses such as secretarial, outgoing phone, fax, copies, courier, etc.

9. Account introduction package for opening offshore bank accounts or brokerage accounts from a selection of reputable financial institutions in Panama.

     This US$1,200.00 fee is complete and includes everything necessary to form, file, register and put into operations a fully functional, operational Panamanian Private Asset Foundation.  Be advised that other firms may charge less and provide less; still others may charge somewhat less for the initial foundation formation, yet substantially more for each yearly renewal. The costs add up over time.  We feel that our price, service reliability and attentiveness to our clients' needs result in an excellent value.

     Turn around time is normally five to seven working days from our receipt of all required information, signatures, and payment.  Payment can be made by Visa, MasterCard, bank wire transfer, certified check from a U.S. Bank, or Western Union money order.

     Additionally, and at no additional charge, we can provide examples of internal Regulations, which you can then tailor to suit your needs.

Annual Foundation Fees

     Annually, a Panamanian Foundation must pay the following annual fees to remain in good standing with the Panamanian Government:

Annual Franchise Tax: US$200.00
Annual Resident Agent Fee: US$150.00
Our Processing Fee: US$125.00
TOTAL ANNUAL FEES: US$475.00

     If we provide the nominee directors (President, Treasurer and/or Secretary), there is an additional $100 annual fee per position.

     As Resident Agent in Panama, we will prepare and file all required annual reports and transfer annual franchise tax payments to the Government of Panama.   Scanned copies of government stamped filings and franchise tax payments can be sent to you via e-mail, at your request.

     Below, you will find a link to the form to be filled out for initial filing and registration of a Foundation, along with a list of additional documents required.   Should you have any questions, or need further information, feel free to contact us via the contact tab at the top of this page.

    To open a Panamanian Private Asset Foundation, click on the Foundation Order Form page.  Then, just fill it out, print it out, sign it, and send it to our office along with payment and copies of other required documentation (passports, etc.). We'll have your Foundation ready in 5 - 7 working days.

Home ] Up ] Foundations Background ] [ Foundation Pricing ] Foundations Order Form ]

Panama Business Services

 
 

© 2007 Panama Business Services