Tax Incentives
Businesses operating outside Panama enjoy full tax exemption on offshore income, with affordable registration and annual maintenance fees.
Easy Registration Panama Company
Trusted Panama Corporate Services.
Registering an overseas company in Panama offers favourable tax policies, low operating costs, and a business-friendly environment — making it an attractive destination for international business setup.
0%
Tax on Offshore Income
100%
Foreign Ownership
Fast
Incorporation Process
THE ADVANTAGES
Advantages of Registering in Panama
Panama's strategic location, political stability, and business-friendly policies create strong conditions for global business growth.
Political & Economic Stability
Panama offers a stable political and economic environment, supported by a robust legal framework and well-established regulatory system.
Financial Freedom & Confidentiality
High level of financial freedom and information confidentiality — ideal for businesses seeking privacy and flexibility in international finance.
Broad Market Access
As a key international trade hub, Panama offers excellent sea and air connectivity to markets across Latin America and the Caribbean.
Modern Infrastructure
Advanced telecommunications, efficient transportation and logistics systems create a favorable environment for business operations.
Privacy & Asset Protection
Strong privacy safeguards and robust asset protection help investors secure their personal and financial information.
Our Services
NexCore specializes in helping clients set up Panama IBCs, private foundations, limited liability companies, and more.
International Business Companies ideal for international trade, asset holding, and tax planning.
We assist clients in incorporating IBCs in Panama — offering flexibility, confidentiality, and exemption from local taxes on offshore income. IBCs are widely used for global asset holding, trade, and investment activities.
International Business Company
A Panama IBC is a legal entity created under Law 32 of 1927. When it doesn't conduct business in Panama, it is not subject to taxation on income earned outside the country.
Well-regarded by entrepreneurs and high-net-worth individuals for its legal stability, tax neutrality, and ease of registration.
Why Choose a Panama IBC?
Tax-Free for Offshore Income
No local taxes on income earned outside Panama.
Strong Privacy Protection
Shareholder and director details are kept confidential.
Fast & Simple Setup
Straightforward incorporation with no local operation requirements.
Asset Protection
Hold global assets such as real estate, stocks, and IP.
No Currency Controls
Free movement of funds in and out of Panama.
Versatile Uses
Holding companies, global investments, Web3 projects, and more.
How Does a Panama IBC Work?
Choose a Name
Select a unique name not already registered. Must end with S.A., Inc., or Corp.
Choose Directors & Shareholders
Minimum three directors and one shareholder from any country.
Register the Company
Submit incorporation articles to the Panama Public Registry.
Fiscal Registration
Register as a company that does not do business in Panama.
Maintain Accounting Records
Records sealed by a licensed accountant; balances submitted to resident agent annually.
File Annual Reports
File with the Panama Public Registry to maintain good standing.
Our IBC Services & Advantages
- ✔ Fast incorporation of new Panama IBCs
- ✔ Annual maintenance and compliance for existing companies
- ✔ Resident agent service (mandatory under law)
- ✔ Panama and international bank account setup assistance
- ✔ Support with due diligence and beneficial ownership filing
- ✔ Provision of bilingual company documents and legal templates
Have Questions?
Talk to Our Local Experts
Book a time that works for you and speak directly with our specialists. Get clear answers and confident guidance to move your business forward.
Schedule a Call
Panama Foundations
Private Interest Foundation (PIF)
A unique legal structure combining the asset protection benefits of a trust with the legal personality of a corporation — used to hold and manage assets for personal or family purposes.
What is a Panama PIF?
Once established, the foundation can hold property, open bank accounts, enter contracts, and undertake legal obligations independently. Unlike public-purpose foundations, the Panama foundation serves private interests.
It has no shareholders or partners and is restricted from engaging in direct business activities, with limited exceptions permitted under Panamanian law.
Why Choose a Panama PIF?
Independent Legal Entity
Owns assets, enters contracts, opens accounts, and exercises legal rights independently of the founder.
No Shareholders or Owners
Administered by a Foundation Council in accordance with its Charter and Regulations.
Asset Protection
Assets transferred to the Foundation are legally separate from the Founder's personal assets.
Tax Efficiency
Territorial tax system means income earned outside Panama is not subject to local taxation.
Confidentiality
Foundation regulation is not public — beneficiary identity can remain anonymous.
Succession Planning
Effective tool for multi-generational wealth transfer without the need for probate.
How to Establish a PIF
- 1Choose a unique name for the Foundation (must include 'Foundation')
- 2Draft the Foundation Charter outlining purpose, rights, and rules
- 3Appoint a Founder who establishes the Foundation
- 4Appoint a Council (minimum three members) for asset management
- 5Register the Foundation with the Public Registry in Panama
- 6Issue the Foundation Regulation (private document naming beneficiaries)
- 7Open a bank account to manage assets (optional but recommended)
Who Should Consider It?
- ✔ High-net-worth individuals seeking asset protection and risk separation
- ✔ Families planning multigenerational inheritance structures
- ✔ Entrepreneurs with global asset holdings
- ✔ Web3 founders looking for token issuance or DAO wrappers
- ✔ Clients exploring offshore banking and Latin America asset strategies
Our Foundation Services
- ✔ Legal structuring and document drafting
- ✔ Council member appointment and nominee service
- ✔ Charter and bylaw development
- ✔ Annual compliance, review, and administration
- ✔ Offshore bank account setup (Panama and other jurisdictions)