A Corporation or a Panamanian
Private Interest Foundation in the Republic of Panama can
be formed by anyone who retains an attorney as his/her resident
agent or Foundation Council.
Therefore, it follows that there
are an enormous number of choices for your offshore agent.
All can provide you with a duly formed company, a registered
office and act as your registered agent, all of which are
required under the provisions of the law.
In addition there are many onshore
"consultants" offering the same service, however
all of these will be operating through a third party here
in Panama - the process cannot be carried out other than offshore.
In theory it is possible for
you to file the necessary documents with the Registrar here
for your own company but you would still need the services
of a registered agent and a registered office, so this becomes
impractical economically and unnecessarily complicated.
Charges levied by the
registered agent range from US$ 850 to US$ 1,200. However,
at these prices you will receive little more than the company
documents and the required agent and office and your company
will exist only on paper. All the other services needed to
make your company work will incur additional charges and,
as these can add up substantially, they should be reviewed