Panama VASP Company
Virtual currency exchange company setup in Panama — unregulated offshore structure
— Last updated: January 2026 · 4 min read
Panama for Crypto
Panama does not currently have a dedicated VASP licensing regime. However, Panamanian corporations are widely used by international crypto businesses as offshore holding and operational structures. Panama offers no income tax on foreign-sourced income, strong privacy laws, and a well-established offshore corporate framework.
Suitable For
- •Offshore holding structures for crypto businesses
- •Non-client-facing operational entities
- •Intellectual property holding
- •Technology infrastructure entities
Requirements
Panama corporation (Sociedad Anónima), local registered agent, no local presence required, AML/CFT policies recommended for banking purposes.
Important Disclaimer
Panama corporations providing virtual asset exchange services do not hold a regulatory authorization. This structure is appropriate for specific use cases only — not as a substitute for a regulated VASP license where banking, institutional counterparty access, or regulated market operations are required.
Frequently Asked Questions
No. Panama does not currently have a dedicated VASP licensing regime. Panamanian corporations are unregulated offshore structures — not regulatory authorizations.
Considering Panama?
Contact Zitadelle AG for an honest assessment of whether Panama is appropriate for your crypto business model.
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Disclaimer: This page is for informational purposes only and does not constitute legal or regulatory advice. Requirements, timelines, and fees are subject to change. Always consult directly with the relevant regulatory authority or a qualified professional for the most current information. Zitadelle Advisory Group LTD is not a law firm and does not provide legal representation.