Private limited company
Sociedad de Responsabilidad Limitada S. de R.L.Panama
What it takes to form, own and run a private limited company in Panama, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
Owners' liability
Limited to what the owners put in
Officials3-legispan.asamblea.gob.paRead 10 Oct 2026
Quote
La responsabilidad econ贸mica de cada socio por las obligaciones contra铆das por la sociedad estar谩 limitada al monto de su participaci贸n hecha o prometida.
Owners
At least 2 路 a company may be one 路 nominees allowed
Officials3-legispan.asamblea.gob.paRead 10 Oct 2026
Quote
Dos o m谩s personas naturales o jur铆dicas podr谩n constituir una sociedad de responsabilidad limitada y ser sus administradoras. El n煤mero de socios, no menor de dos, ser谩 fijado en el pacto social.
Directors
At least 1 路 a company may be one
Officials3-legispan.asamblea.gob.paRead 10 Oct 2026
Quote
Dos o m谩s personas naturales o jur铆dicas podr谩n constituir una sociedad de responsabilidad limitada y ser sus administradoras. El n煤mero de socios, no menor de dos, ser谩 fijado en el pacto social.
Minimum capital
None
Officials3-legispan.asamblea.gob.paRead 10 Oct 2026
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El monto del capital social autorizado, que podr谩 ser en cualquier moneda, las participaciones o cuotas en que se divide y el valor de cada una.
Formation fee
Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
Tax on profit
Headline rate 路 25%1 special regime may apply
Notary needed: YesResident director needed: No
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
- Formed online
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
What it takes to form
- A notary
- Required
- A resident director
- Not required
- Paying up the capital
- Authorised capital may be paid in whole or in part at formation; contributions in kind must be made in full; the members fix the value of contributions in kind or services (Ley 4 de 2009, art. 9).
Quote
el capital social autorizado podr谩 estar pagado total o parcialmente. Las aportaciones en especie deber谩n ser hechas en su totalidad.
Own it
Who may own and run it
- Directors
- At least 1 路 a company may be one
Quote
Dos o m谩s personas naturales o jur铆dicas podr谩n constituir una sociedad de responsabilidad limitada y ser sus administradoras. El n煤mero de socios, no menor de dos, ser谩 fijado en el pacto social.
- Shareholders
- At least 2 路 a company may be one 路 nominees allowed
Quote
Dos o m谩s personas naturales o jur铆dicas podr谩n constituir una sociedad de responsabilidad limitada y ser sus administradoras. El n煤mero de socios, no menor de dos, ser谩 fijado en el pacto social.
- Members
- At least 2
Quote
Dos o m谩s personas naturales o jur铆dicas podr谩n constituir una sociedad de responsabilidad limitada y ser sus administradoras. El n煤mero de socios, no menor de dos, ser谩 fijado en el pacto social.
- A local company secretary
- Not required
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La designaci贸n de uno o m谩s dignatarios o apoderados generales, especiales y las atribuciones de estos.
- A local registered agent
- Required
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La designaci贸n de un agente residente, que deber谩 ser un abogado o una firma de abogados.
Each year, at the registry
- Annual registry fee
- PAB 300
Quote
Las sociedades an贸nimas, sociedades de responsabilidad limitada y cualesquiera otras personas jur铆dicas, nacionales o extranjeras, pagar谩n al momento de su inscripci贸n y en los a帽os subsiguientes una tasa 煤nica anual de trescientos balboas (B/. 300.00)
- Accounts on the public record
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
- Audit for a small company
- Not stated
The registry鈥檚 and the law鈥檚 own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
- Ordinary annual meeting of members
- Not required for this type
With Held by the company
Ley 4 art. 30: the pacto social may require an annual ordinary meeting; the law itself does not.
- Annual Tasa 脷nica
- Not in our records
With Direcci贸n General de Ingresos
Not stated on dgi.mef.gob.pa/Preguntas/TasaU when checked
What is public
- Directors
- Public
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Listado de directores, dignatarios, miembros, asociados y/o socios. Esta informaci贸n es accesible al p煤blico sin costo alguno desde el portal de servicios telem谩ticos
- Shareholders
- Public
Quote
Listado de directores, dignatarios, miembros, asociados y/o socios. Esta informaci贸n es accesible al p煤blico sin costo alguno desde el portal de servicios telem谩ticos
- Beneficial owners
- To the authorities only
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Listado de directores, dignatarios, miembros, asociados y/o socios. Esta informaci贸n es accesible al p煤blico sin costo alguno desde el portal de servicios telem谩ticos
Tax
Tax on profit
How this company type is taxed, which can differ from its place鈥檚 headline rate.
Headline rate 路 25%+1 regime
The place鈥檚 headline corporate rate. Whether it varies for this type is not in our records.
Official OECD Corporate Tax Statistics, combined headline rate
Special regimes that may apply
- R茅gimen Especial para el Establecimiento y la Operaci贸n de Sedes de Empresas Multinacionales (SEM) other 路 5%
Companies holding a SEM licence, on net taxable income from services provided to their parent, subsidiaries, branches or associated companies Ley 41 de 24 de agosto de 2007, art铆culos 1, 3 y 21, y sus leyes de reforma
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Panama
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Dissolution on the grounds in art. 44 (pacto social, agreement of the members, object fulfilled, term expired, merger, court order); the administrators act as liquidators unless others are named (art. 47); dissolution must be registered at the Registro P煤blico (art. 11).
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Las sociedades de responsabilidad limitada se disolver谩n: 1. En los casos previstos en el pacto social. 2. Por acuerdo de los socios.
- Statutory fee
- Not in our records
Every business in Panama
VAT
- Standard rate
- Not in our recordsThe tax authority鈥檚 pages have not been read for Panama.
Payment and banking services
None of the services whose lists we hold names Panama. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Sociedad de Responsabilidad Limitada (S. de R.L.)
- ISO 20275 code
- JS13Secondary GLEIF, Entity Legal Forms code list