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Panama Foundation Annual Fees

In order to create a Panamanian foundation a lawfirm in Panama would need to be retained. Usually the charge for creating a foundation in Panama starts at 500 dollars and up. Many of the top of the line lawfirm can charge 2000 dollars with added fees for nominee directors, annual tack-ons and much more.

The foundation is required for pay a government tax, called Tasa Unica in Panama, of 250 dollars the first year and 300 dollars for each subsequent year.

It is possible to find good attorneys in Panama that will create the Foundation for a fixed fee of about 500 dollars plus expenses if the Council is handing the annual tax payment.

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