General and International banking licenses before the Superintendency of Banks, plus fiduciary, securities and insurance licensing. Capital minimums under the Banking Law: B/.10M general, B/.3M international.
A Panama financial license application is won in the preparation: the business plan, the AML/CFT program, governance and the traceability of capital — not in the filing form.
We scope your project honestly (including whether a license is the right vehicle at all), build the file the regulator expects to read, and represent you through the process before the SBP, SMV or the insurance regulator.
Deep insight into Panama's tax authority processes.
Master in Public Administration — law, economics and policy.
You always deal directly with the attorney handling your case.
Licensed attorney in the Republic of Panama.
“A license application is only as strong as its preparation. We build the file the regulator expects to see — not the one that is easiest to put together.”
— Lic. José Manuel Góndola Escudero · Panama Bar No. 17,005General (B/.10M) and International (B/.3M) license applications before the SBP.
Compliance framework, manuals and officers in place before filing.
Business plan, projections, governance and source-of-funds documentation.
Shareholder and director files prepared for the regulator's review.
Trust company and securities-market licensing before the SBP and SMV.
Regulatory reporting and governance once you are operating.
Is a license viable for your project? We answer that before you spend.
Business plan, AML program and governance built to regulator standards.
Submission and representation through the regulator's questions.
Authorization, operational launch and ongoing obligations.
Under Panama's Banking Law (consolidated text), the minimum paid-in capital free of losses is ten million balboas (B/.10,000,000) for a General License and three million balboas (B/.3,000,000) for an International License, maintained at all times.
The General License allows banking business in and from Panama, including the local market; the International License covers banking business directed abroad from an office in Panama. The right choice depends on your business plan and target clients.
Banks and fiduciaries answer to the Superintendency of Banks (SBP); securities houses and advisors to the Superintendency of the Securities Market (SMV); insurers and reinsurers to the Superintendency of Insurance. Each has its own licensing track.
It depends on the regulator, the completeness of the file and the fitness review of shareholders and directors. The preparation phase — business plan, AML program, governance, source of funds — is what determines the timeline; we do not promise dates.
Yes. The preparation logic is similar across regulators: robust corporate governance, AML/CFT program, credible projections and clean beneficial ownership. We scope each application before quoting in writing.
Confidential consultation in English. We scope your project honestly and quote the work in writing — including whether a license is the right path at all.