Panama Company Compliance — Simple, Sorted, On Time
Panama's territorial tax system keeps your foreign-sourced income tax-free, but maintaining your Panama company still requires attention — the annual franchise tax, accounting record submissions, and beneficial ownership updates all have firm deadlines. We ensure each obligation is fulfilled on time, keeping your company active.
Franchise Tax
Annual Tasa Única payment
Accounting Records
Timely submission to resident agent
BO Registry
Beneficial ownership updates
Panama Company Compliance Obligations
Maintaining a Panama company requires meeting a focused set of annual obligations. Our compliance team ensures your franchise tax, accounting submissions, and registry filings are handled punctually.
Annual Franchise Tax (Tasa Única)
Included in PackageEvery Panama company must pay the annual franchise tax of USD 300 to maintain good standing in the Public Registry. Non-payment leads to suspension.
Accounting Records Submission
Included in PackageCompanies must maintain accounting records and submit them to the resident agent by April 30 each year. Records must be retained for a minimum of five years.
Beneficial Ownership Updates
Included in PackageUnder Law 129, resident agents must submit and update beneficial ownership information to the government's secure registry. Changes must be reported within 15 days.
Two Paths. One Choice.
See what unfolds when Panama compliance obligations are missed versus managed on schedule.
Our Compliance Services
Full-scope Panama compliance management — covering franchise tax payment, accounting records compliance, UBO registration, and corporate administration.
Franchise Tax (Tasa Unica) Payment
Every Panama company must pay an annual franchise tax (Tasa Unica) of USD 300 to the Public Registry. The due date depends on your incorporation month — January 15 or July 15. We manage the payment cycle, track penalty windows, and prevent the three-year default that triggers suspension of corporate rights.
Payment Scheduling
Track your January or July payment deadline and surcharge windows
Rights Protection
Prevent corporate rights suspension caused by three years of default
Accounting Records Compliance
Under Law 52 of 2016, amended by Law 254 of 2021, all Panama legal entities must maintain accounting records and deliver them to their resident agent by April 30 each year. We prepare your records, coordinate the annual submission, and ensure your entity avoids the significant fines for non-compliance.
Annual Submission
Deliver accounting records to the resident agent by the April 30 deadline
Documentation Standards
Ensure records meet the requirements of Law 52 and its amendments
Bookkeeping and Financial Records
Panama law requires that accounting records clearly indicate the operations, assets, liabilities, and patrimony of your entity, with supporting documentation retained for at least five years. Our team maintains your books to the standard demanded by the DGI and your resident agent.
Transaction Recording
Detailed capture of all financial activity with supporting contracts and invoices
Five-Year Retention
Records archived in compliance with the minimum statutory retention period
Corporate Secretarial Services
From registering your ultimate beneficial owners with the SSNF under Law 129 to maintaining your corporate books and minute records, we handle every governance obligation — keeping your Panama company compliant with the Public Registry, DGI, and your resident agent.
UBO Registration
Register and update beneficial owner information with the SSNF
Corporate Books
Minutes, share registers, and officer records maintained accurately
Why Choose Expanship for Panama Compliance
Efficient compliance management for your Panama company.
Panama Regulatory Knowledge
We understand the DGI, Public Registry, and SSNF requirements that govern Panama companies — ensuring your entity meets every regulatory obligation.
Tax and Filing Calendar
Tasa Unica payment windows, April 30 accounting records deadlines, and UBO reporting dates are all tracked and managed proactively.
Complete Administration
From bookkeeping and accounting records compliance to UBO registration and corporate secretarial services — everything is managed through one engagement.
All-Inclusive Pricing
Your Panama compliance costs are known from day one — government fees, resident agent charges, and our service fee are all presented before engagement.
Upfront, Honest Pricing
A single annual fee covering Tasa Unica payment, accounting records compliance, UBO registration, and corporate administration for your Panama company.
Annual Compliance Package
Full Panama company compliance — tax, records, and UBO obligations included
What's Included
- Tasa Unica Franchise Tax Payment
- Accounting Records Compliance (Law 52)
- UBO Registration with SSNF
- Resident Agent Coordination
- Compliance Calendar & Reminders
- Dedicated Account Manager
How We Handle Panama Company Compliance
A structured annual process covering your Tasa Unica payment, accounting records delivery, UBO updates, and entity administration.
Payment & Filing Calendar
We track your Tasa Unica due date (January 15 or July 15), April 30 accounting records deadline, and UBO reporting schedule.
Records & Documentation
Our team prepares your accounting records for resident agent delivery, updates UBO information, and compiles any required corporate documents.
Client Review
You review the prepared records and documents for accuracy before we submit to the Public Registry, DGI, or your resident agent.
Panama Compliance Made Simple
This cycle runs annually. We manage every payment and filing so your Panama company stays in full compliance without interruption.
Begin the ProcessPayment Receipts
You receive payment confirmations, filing receipts, and copies of all delivered records for your corporate archive.
Filing & Payment
We pay the Tasa Unica to the Public Registry, deliver accounting records to your resident agent, and file UBO updates with the SSNF.
Without Expanship
- Missed deadlines and penalties
- Complex regulatory requirements
- Risk of company being struck off
- Time-consuming paperwork
- Uncertainty about obligations
With Expanship
- Never miss a deadline
- Expert guidance on all requirements
- Guaranteed good standing
- We handle all the paperwork
- Clear visibility of your status
Ready for Hassle-Free Panama Compliance?
Let us handle your Panama compliance so you can focus on growing your business.
Frequently Asked Questions
Answers to common questions about Panama company compliance and annual requirements
Missing compliance deadlines in Panama results in penalties and consequences. Late franchise tax payments incur additional fees, and continued non-compliance can lead to your company losing its good standing. Restoring a company in bad standing involves additional costs and procedures, so staying ahead of deadlines is essential.
Yes, we proactively monitor all your compliance deadlines and send multiple advance reminders well before each due date. Our team ensures you're always informed about upcoming requirements, giving you ample time to prepare necessary documents and payments.
We provide comprehensive regulatory compliance services in Panama including deadline tracking, franchise tax payments, accounting record coordination, beneficial ownership updates, and ongoing compliance support. Our team handles all administrative requirements on your behalf, ensuring your company remains in good standing.
Our compliance packages are designed to be transparent and comprehensive. Costs vary based on your company's specific requirements, including government fees, registered agent services, and any additional filings needed. Contact us for a detailed quote tailored to your company's situation.
Under Law 254 of 2021, all Panama legal entities must maintain accounting records that accurately reflect their financial position. These records must be kept for a minimum period and be available for inspection when required. Our team helps ensure your accounting records meet all statutory requirements.
Get Expert Compliance Assistance
Have questions about Panama compliance, annual filings, or regulatory requirements? Our team of specialists is here to help.
