What are the documents required to establish a company in Panama?

The documents required to establish a company in Panama are:

1. Certificate of incorporation of the company: A certificate of incorporation must be prepared stating the name of the company, its purpose, shareholders and board of directors.

2. Company agreement: A contract stating the organizational structure of the company, the rights and responsibilities of the shareholders should be prepared.

3. List of shareholders: A list showing the shareholders of the company and the shares they hold should be prepared.

4. Board of directors decision: Documentation of a decision taken by the company's board of directors is required. This decision should include important decisions regarding the establishment of the company.

5. Identity documents of board members: Identity documents of board members (such as passport, ID card or driver's license) are required.

6. Local representative of the company: A local representative is required to establish a company in Panama. The local representative ensures that the company operates in accordance with local legal requirements.

7. Company address: The company must have an address. This address is the place where the company's official documents will be sent and where the company will carry out its activities.

8. Proof of payment: Proof of payment is required to show that the company formation fees have been paid.

9. Tax number application: The company must apply for a tax number to operate in Panama. Besides these documents, other legal requirements regarding company formation in Panama should also be taken into account. Therefore, working with an attorney or consultant can make the process smoother.