Initial
Formation Fee
For
a standard Corporation, with an initial
declared capital (this does not have to
be paid into the Corporation) not exceeding
US$ 10,000.00, and with no more than 500
shares authorized, our fee to you or your
firm for formation and registration of a
Panamanian Offshore Corporation is US$ 1,200.00.
This amount includes:
1.
Our legal fees for the formation & registration
of the Corporation.
2.
Notary and other sundry expenses such as
phone, fax, courier, copies, registered
translations, etc.
3.
Stock Certificates, Stock Register Ledger,
& Board of Directors’ Meeting
Minutes Ledger.
4.
US$ 300.00 initial Corporation registration
fee (one time only).
5.
US$ 150.00 Corporation Resident Agent fee
for the first year, as of the date of registration
(annual fee).
6.
US$ 300.00 annual Corporation fee for the
first year, as of the date of registration
(annual fee).
7.
Provision of nominee Board of Directors
and Officers (President, Secretary &
Treasurer) for the first year from the date
of registration, if requested.
This US$
1,200.00 fee is complete and includes everything
necessary to form, file, register and put
into operations a fully functional, operational
Corporation. Turn around time is normally
five to seven working days from our receipt
of all required information, original signatures,
and certified check or wire transfer.
Additionally,
and at no additional charge to you or your
firm, we can provide examples of internal
Bylaws, which you can then tailor to suit
your client’s needs. Finally, we can
provide you or your firm with points of
contact of several reputable international
banks operating in Panama, if your clients
wish to open up offshore bank accounts in
Panama.
Normally,
our clients (attorneys and law firms) provide
value added services to their clients by
advising them on the specific provisions
of the internal Bylaws best suited to their
client’s particular needs, etc. As
such, Panamanian Offshore Corporation formation
is normally billed to the end client at
US$ 2,500.00 to US$ 5,000.00 per Corporation.
We are a
reputable law firm and do not offer financial
or fiduciary services, and we strongly suggest
that you or your clients (or trusted fiduciaries)
manage their own money. We limit our legal
interest to formation, filing and registration
of Corporations, and subsequently to act
as Resident Agents on behalf of the Corporation.
