In order for a struck off company to be restored by the Panama Registry the following fees must be paid:
When all the fees and penalties are paid, the Registrar shall restore the name of the company to the register and upon the restoration the company shall be deemed never to have been struck off.
In order to restore a Panama company, we will need to see the issued share certificate(s) of the company, and the shareholders will have to sign a minute (we would provide model). Once full payment is made and full due diligence provided, the company can be reinstated within 14 working days, which includes time to pay outstanding taxes.
In order to prepare a quotation we would need to first obtain a statement from the Panama Tax Authorities to confirm the total amount due in respect of annual tax payments. This due to the fact the company would need to be in Good Standing with these payments in order to be reactivated.
annual tax, past due taxes, surcharges and fines.
US$550 for restoration
US$200 Resident Agent,
and US$52 ITBMS Tax.
The corporation must be up day at Economic and Finance in the Franchise Tax are US$ 300 plus US$ 50 per year.
Government re-instatement Fee………….US$ 300
US$ 105 Notary Fee
US100 Lawer Fee
US$ 45 Translation Fee
US$ 50 Public Register Fee
US$ 95 Courier Fee
Disbursements or Expenses:
When a Panamanian company is restored, the previous Directors, Company Secretary, Shareholders and Registered Office are automatically assumed to have continued.
A Panamanian company can only be restored by the registered agent on record or the agent can be transferred, which we can organise.
Changes of registered agent can only be filed by the current registered agent or lawyer resident in Panama. Once the resolution is signed we contact the current registered agent to perform the filing