Is a Panama company legal for UAE residents?

Yes. Forming a Panama company is entirely legal for UAE residents. UAE has 0% personal income tax, so there are no local tax disclosure requirements for most founders. StrataLink advises on proper structuring and disclosure obligations.

Can I use a Panama company for crypto and digital assets?

Yes. Panama is one of the most crypto-friendly offshore jurisdictions. Panama IBCs and SAs are widely used for crypto trading, DeFi, NFT projects, and token issuance. International banking for digital asset businesses is available.

How does Panama compare to Seychelles for offshore?

Panama offers stronger privacy protections, bearer share options, and better recognition for crypto and international trading. Seychelles is faster and cheaper but has less depth for complex structures. StrataLink recommends based on your specific use case.

Do I need to travel to Panama?

No. The entire Panama incorporation process is done remotely. StrataLink manages all documentation, notarisation, and registry submissions without requiring you to visit Panama.

What bank account options are available for a Panama company?

Panama companies can open accounts with international banks in Panama, Europe, the Caribbean, and select Asian jurisdictions. StrataLink assists with bank selection and the full application process.

Panama Offshore · IBC & SA

Panama Offshore Company Formation

Privacy, asset protection, and international structuring — without a physical office.

100% Foreign Ownership
Strong Privacy Laws
Global Banking Access

All Jurisdictions

100+

Companies Formed

10+

Global Markets Served

25+

Free Zones Covered

What is a Panama Offshore Company?

A Panama offshore company (Sociedad Anónima or IBC) is a legal entity incorporated in Panama that pays 0% tax on all income generated outside of Panama. Panama has maintained offshore company legislation since 1927. It offers strong privacy laws, bearer share options, no minimum capital, and a fast fully-remote formation process in 3 to 5 working days.

✓0% tax on all foreign-sourced income. Only local Panama income is taxable.
✓100% foreign ownership, no Panama national partner required
✓Strong financial privacy, with bearer shares and nominee structures available
✓Crypto and digital asset friendly, widely used for Web3 and DeFi businesses
✓No travel required. Full remote incorporation.
✓No minimum capital requirement
✓Fast formation: 3 to 5 working days
✓Minimal annual compliance, simple maintenance

Panama at a Glance

StructureIBC (International Business Company) / SA (Sociedad Anónima)

Ownership100% foreign ownership

Taxation0% on foreign-sourced income

DirectorsMinimum 3 directors (nominees available)

CapitalNo minimum paid-up capital

Formation3–5 working days, no travel required

PrivacyStrong privacy, nominee directors available

BankingInternational bank accounts available

Company Types

Panama SA (Sociedad Anónima)

The standard Panama IBC structure. Used for international holding, trading, and asset protection. Bearer shares available for maximum privacy.

Panama Foundation (Fundación de Interés Privado)

A private interest foundation used for estate planning, asset protection, and wealth transfer to heirs.

Panama LLC

Limited liability structure preferred by US founders and businesses requiring pass-through taxation and clear ownership.

Documents Required

Passport copy of all shareholders and directors
Proof of address (not older than 3 months)
Brief description of intended business activities
Three proposed company name options

How Panama Incorporation Works

Fully remote. Typically 3 to 5 working days.

Consultation & Structure Selection

StrataLink assesses your goals (holding, trading, crypto, asset protection) and recommends the right Panama structure.

Documentation & Notarisation

We prepare all incorporation documents, arrange notarisation, and submit to the Panama Public Registry. No travel required.

Incorporated & Operational

Your Panama company is incorporated. StrataLink assists with international bank account opening and ongoing compliance.

Frequently Asked Questions: Panama Offshore

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