Registering a company in Panama is a simple and efficient process, designed to attract international business. First, choose the appropriate company type, with the Panama Corporation (S.A.) being the most common. Ensure the company name is unique and check its availability with the Public Registry. Next, appoint at least three directors and one shareholder, who can be foreign nationals, and nominee services are available for privacy. Prepare the incorporation documents, including the Articles of Incorporation and certificates for the directors and shareholders, and have them notarized. Afterward, submit these documents to the Panama Public Registry to officially register the company. Once registered, obtain a Tax Identification Number (RUC) from the Panamanian tax authorities to comply with tax obligations. Lastly, open a corporate bank account with a local bank to facilitate business operations. The entire Panama company registration process is generally quick, often completed within a few days. This straightforward procedure, along with Panama’s favorable tax policies and privacy protections, makes the country an attractive destination for setting up a business.