Corporate (Inclusive of local taxes)

 

Provision of Panamanian company 

 $                               1,550.00

Provision of Panamanian Limited Liability company

 $                               1,650.00

Provision of Officers and Directors or Managers

 $                                   975.00

Annual fee for Registered Agent when we provide Officers and Directors

 $                                   250.00

Annual fee with only Registered Agent (payable in advance)

 $                                   350.00

Annual fee with Officers, Directors and Registered Agent (payable in advance)

 $                               1,225.00

Fee when company is closed or transferred

 $                                   250.00

Annual government corporate franchise tax

 $                                   300.00

(companies in other jurisdictions are available and fees will be provided upon request)

 

 

 

Fiduciary (Inclusive of local taxes)

 

Provision of trust deed (unless complex)

 $                               1,500.00

Provision of foundation charter and regulations (unless complex) including

 

Registered Agent

 $                               1,870.00

Amendment to trust deed or regulations (unless complex)

 $                                   500.00

Amendment to foundation charter (unless complex)

 $                                   550.00

Annual government foundation franchise tax

 $                                   400.00

Fiduciary Deed

 $                                   500.00

Amendment to Fiduciary Deed

 $                                   250.00

Annual custodian fee for shares held under a Fiduciary Deed

 $                                     75.00

Fee when trust or foundation is closed or transferred

 $                                   500.00

Annual fee for Registered Agent for a foundation (payable in advance)

 $                                   250.00

 

 

Other (Exclusive of Local Taxes)

 

Annual fee for trust (payable in advance)                                                                                

Minimum $1,250 or 0.25% up to $1 million, 0.1875% thereafter

Annual fee for foundation (payable in advance)     

Minimum $1,250 or 0.25% up to $1 million, 0.1875% thereafter. 

Reservation of name at Public Registry (30 days) 

 $                                     95.00

Formal dissolution of company or foundation 

 $                                   750.00

Restoration of company

 $                                   300.00

Certificate of Existence

 $                                     60.00

Cash distributions

 $                                     50.00

Hourly rate for services other than maintenance of records, accounting and administration:

 

Executive

 $                                   300.00

Senior Officer

 $                                   150.00

Junior Officer

 $                                     75.00

Translations per page (Spanish to English)

 $                                       5.00

Messenger service

 $                                     25.00

Opening bank and brokerage accounts (exclusive of disbursements)

 $                                   400.00

Opening bank account in our name for time deposits

 $                                     75.00

Opening bank account in our name for either current or savings accounts

 $                                   200.00

Debit or credit cards (each) and any extra cards (each)

 $                                   150.00

Replacement of lost debit or credit card

 $                                   150.00

Inward funds into accounts controlled under our signature, percentage of amount

 

(minimum $25 and maximum $5,000)

0.375%

Investigations of missing funds wired (inward or outward)

 $                                     50.00

All brokerage transactions, percentage of amount   (minimum $50)

0.25%

Immovable property transactions based on the value of the purchase or sale

 

(minimum $300 and maximum $1,500 unless complex) and

 

the fee covers correspondence, meetings, e-mails and telephone calls as well

 

as the review and execution of documentation

0.875%

Mail forwarding and/or retention service including post box facility  (exclusive of postage)

 $                                   300.00

Escrow agent services processing fee

 $                                   500.00

Escrow agent fee (minimum $1,000) percentage of amount

0.375%

Standard Agency account - set up 

$                                   250.00

Standard Agency account - annual fee (unless complex)

$                                   500.00

Trust and foundation protector or adviser services (annual)

 $                               1,000.00

Scanned documents

 $                                       5.00

Signatures on documents, per signature

 $                                     15.00

Duplicate copies of statements or other documentation

 $                                       5.00

Reconciliation of banking and brokerage statements (minimum)

 $                                     75.00

Panamanian tax returns (unless complex)

 $                                   500.00

Replacement of bearer shares with nominee shares, including nominee declaration

 $                                   150.00

Issue of new share certificate or nominee declaration

 $                                     25.00

Courier services -  international or domestic, excluding courier cost

 $                                     20.00

Change of officers and directors or Registered Agent

 $                                   550.00

Change of foundation or company name

 $                                   550.00

Telephone calls (minimum)

 $                                       5.00

Payment of annual real estate taxes

 $                                     60.00

Monthly payment of apartment charges

 Minimum $20 up to 2 cheques,  

 

 $10 per cheque, thereafter 

Certifications by Certified Public Accountant (minimum)

 $                                   750.00

Drafting of consultancy agreements (unless complex)

 $                                   250.00

Issue of trust, foundation, company minutes

 $                                     75.00

Issue of either General or Special Power of Attorney

 $                                   250.00

Annual fees for personal items held in safe custody (client responsible for insurance)

 $                                   150.00

Annual fees for non-personal items held in safe custody (client responsible for insurance)

 $                                   500.00

Retrieval of closed files from depository

 $                                   150.00

Letters

 $                                     25.00

Notes

1.  If a client has a foundation or ordinary trust the fees of any company which we provide

officers and directors for will be reduced by 25%.  If a client has no foundation or ordinary

trust but has more than one company for which we provide officers and directors, the same

25% discount will be given on the second and any subsequent companies.

2.  No annual fees are refundable.

3.  Where administration during the year entails more than a normal number of e-mails, correspondence, meetings or telephone calls, a special charge will be raised.

4.  Fees for services not disclosed will be provided upon request.

5.  Fees are subject to change without notice.  Current fees are posted on our website.

 

 

 

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Contact Us

Courier Address: Edificio Balboa Plaza, Oficina 522,
Avenida Balboa Panama,
Republic of Panama.
Telephone: (507) 269-2438, (507) 263-5252
FAX: (507) 269-9138, (507) 269-4922
Mailing Address: P.O. Box 0832-1630, World Trade
Centre, Panama, Republic of Panama.
E-mail: marketing@trustserv.com

 

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