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Virtual Office in Panama

Updated on Tuesday 08th October 2019

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A virtual office is a service useful to those companies that need to establish a presence on the Panamanian market but do not need to rent or purchase an office space. 
 
With a virtual office in Panama, your business will benefit from the presence of a high-profile office at a fraction of the cost of a traditional office. The package will include access to almost all of the regular office amenities and both the company owners and the employees will have the advantage of having a flexible presence in the office (meaning that they do not need to be present at the office at all times).
 
The virtual office is a preferred method for many foreign investors who open a company in Panama. Our team has a vast experience in company formation services and virtual office services and can assist investors who wish to work via this type of office. Below, we provide more information about the advantages of the virtual office. 
 
Please do not hesitate to reach out to our Panama incorporation agents for more details.
 

The advantages of the virtual office

 
The virtual office is advantageous primarily in terms of general costs. The packages can be personalized and company owners will receive a quota according to the types of services they need to include.
 
The Virtual Office package provided by CompanyIncorporationPanama.com contains:
 
  1.    Prestigious business address: at an office located in a Panama office building, for a credible and risk-free base for corresponding with clients;
  2.    Registered office: the address will also function as the registered office, mandatory in order to open a company in Panama;
  3.    Mail collection as well as forwarding: a team collects the main, signs for the packages and sends the items to you according to the existing instructions;
  4.    Incoming and outgoing faxes: the company will use our local fax number; we'll collect and send faxes to you, wherever you are;
  5.    A local telephone number: the company will be able to lost a local telephone number in Panama City, Panama, for a facile communication with local clients or partners;
  6.    Voice mailbox: all of your voice messages received via the local phone number will be forwarded to you by email, as requested.
 
Additional services offered:
 
  •    Dedicated fax service: the difference is that in this case you will have a private and dedicated number;
  •    Call redirecting: a different service that allows instant call redirection to your primary number;
  •    Collection of bank statements: one of our agents will collect the bank statements on your behalf and forward them as needed.
  •    Extra usage of the meeting room: when required, you will gain access to the meeting room space and/or additional office space.
 

Doing business in Panama

 
Panama offers multiple business opportunities to foreign investors. although the business and financial sectors, as well as the tourism and accommodation ones are one of the top ones, entrepreneurs can also invest in other sectors. Our team of Panama company formation agents can provide more details about selected business fields. Below, we present statistical data regarding Panama’s economic activity.
 
According to the Monthly Index of Economic Activity, published by the National Institute of Statistics and Census, the situation for 2019 is as follows:
 
  • - January: 331.33, a 3.57 difference compared to the same month in the previous year;
  • - March: 364.34, a 2.96 difference compared to the previous year;
  • - May: 328.00, 2.38 difference compared to the previous year;
  • - July: 322.31, 3.63 difference compared to 2018.
 
The numbers refer to the production volume for each month. The Monthly Economic Activity Index is comprised of data from fourteen economic activities, among which agriculture, manufacturing, retail, hotels and restaurants, several financial and business activities, etc. 
 
Contact our Panama offshore company formation specialists for complete information about company registration as well as using a virtual office.
 

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Call us now at +44 203 287 0408  to set up an appointment with our business consultants in Panama City, Panama. Alternatively you can incorporate your company without traveling to Panama.

As a BridgeWest client, you will benefit from the joint expertise of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Panama.

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