Yes, it's possible to incorporate a corporation in Panama without being a resident. Please note that you must contact a lawyer in order to do so.
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How can I register a company in Panama?
I am not sure if the investment amount of the businss will qualify for the investors visa program of Panama. I want to register a company in the country. I am not a resident. I am wondering if this is possible for a foreigner.
Answers
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A Panama company can be registered remotely within a few days by a licensed attorney or law firm in Panama. A corporation by shares (SA) requires at least three directors and one shareholder; and an LLC (S de RL) company requires at least two managers and two partners. All individuals related to the company must comply with standard ¨know your client¨ documents such as proof of passport, a second ID and a proof of domicile.
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Panamanian companies may be incorporated as a foreigner and remotely, hence this process may be started prior to the applicant’s arrival to the country. In order to qualify for the investor's residency programs, this company must have a minimum subscribed capital of $160,000. If you will apply with family members as dependents, this capital must be increased at a rate of $2,000 per dependent.
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