Mata & Pitti | law firm | Panama

Panama is one of the leading jurisdictions for setting up a corporation. The Panama IBC (also known or referred to as a Panama Offshore Company) is a legal structure created in 1927 and still in force due to its many advantages compared with similar legal entities. It is an internationally operating company accepted in the worldwide business and financial community as a proven structure for holding assets and carrying on all kinds of business operations.

Our law firm has more than 35 years of experience dealing with incorporation of Panama companies, their management, maintenance and all their related legal concerns.

Browse our website to learn more about the advantages of a Panama company. For more legal details, visit our procedure details page so you can better understand how the Panama corporations are created and exist as an autonomous legal structure.

Due to recent regulations changes in Panama, many companies have been left without the service of a Resident Agent, which is essential for them to comply with Panama’s laws. Our firm can assist and guide you through the process of regularizing your existing company, acting as a Resident Agent, and advising you on the current due diligence requirements you must meet to have your IBC in full compliance with current Panama regulations.

In our Panama corporation’s section, you will also find examples of the main usages of the Panama IBC’s , due diligence requirements and frequently asked questions regarding this topic.

If you are already familiar with the legal structure and just want to find out about the costs of setting up a Panama corporation through our firm, you can go directly to our incorporation costs page and annual maintenance cost pages.

Background as a trademark protection hub.

Due to its privileged geographical position and the existence of the Colon Free Zone since 1948, Panama has become a center of supply of financial services, import, export, and re-export of merchandise in the Western Hemisphere. For this reason, Panama has additionally become a strategic center for the registration of Panama trademarks.

When a trademark is registered in Panama, its owner can trace any possible counterfeits and legally prevent it from being re-exported and launched into the markets through the Colon Free Zone.

A streamlined trademark registration process.

Regardless of nationality or domicile, any natural or juridical person may apply for trademark registration in Panama. Trademarks are granted for a period of 5 or 10 years and could be renewed for additional periods.

The trademark request shall be published only once in the Bulletin of Industrial Property. If within the sixty days following the publication, no claim is filed against it, then the trademark registration becomes official.

The Panamanian government has created over the years, a series of visa programs to obtain residency, and to promote tourism and investment in the country. Each of these programs offers special benefits for foreign residents and retirees who wish to obtain temporary or permanent residency, Panamanian citizenship, or special Panamanian passports.