Terms and Conditions | Company Formation in Panama
Terms and Conditions

Terms and Conditions for Company Formation in Panama

Please read these Terms and Conditions carefully before using this website or engaging our services.

These Terms and Conditions apply to the website Company Formation in Panama and to any enquiry, consultation, or service request submitted through the website.

Throughout these terms, “we”, “us”, and “our” refer to Bestax Chartered Accountants, which operates the website Company Formation in Panama.

By using this website, contacting us, submitting information, or instructing us to proceed with any service, you agree to these Terms and Conditions.
Important Notice

Please review these terms before proceeding

These terms explain the service scope, client responsibilities, limitations, payments, website use, and other important conditions that apply when you use this website or engage our support.

By using this website, contacting us, submitting information, or instructing us to proceed with any service, you confirm that you have read and accepted these Terms and Conditions.

Business Details

Website Name: Company Formation in Panama

Operated by: Bestax Chartered Accountants

Email: info@companyformationinpanama.com

Phone: +971567981808

WhatsApp: Message us on WhatsApp

Offices

Panama Address
Obarrio, Bella Vista, Panama City, Panama 07185

Dubai Office
DAMAC Executive Bay - Office 601 - Tower B
Al A'amal St - Business Bay - Dubai

Canada Office
1470 Hurontario St Suite 100
Mississauga, ON L5G 3H4
Canada

Scope of Services

Company Formation in Panama provides administrative and professional support in relation to Panama business setup and related services.

Our services may include:

  • incorporation support
  • document preparation support
  • resident agent and registered office coordination
  • company structure guidance
  • shareholder and director requirement guidance
  • ongoing compliance and maintenance support
  • related business and advisory assistance

Unless expressly agreed in writing, our role is limited to the scope of the requested service and does not extend beyond the services specifically confirmed with the client.

No Tax or Financial Advice

Any information on this website relating to tax treatment, territorial taxation, international business use, structuring, or commercial suitability is general in nature and should not be relied on as personal tax, accounting, financial, or investment advice.

Clients are responsible for obtaining appropriate professional advice for their own circumstances before making decisions relating to incorporation, tax treatment, reporting, ownership structure, or international operations.

Client Responsibilities

You agree to provide complete, accurate, and up-to-date information when using this website or engaging our services.

You are responsible for:

  • the accuracy of the details you provide
  • reviewing documents before approval or submission
  • ensuring that your intended business activity is lawful
  • obtaining any additional legal, tax, regulatory, or licensing advice you may need
  • meeting ongoing obligations after incorporation unless separately engaged for additional support

We are not responsible for delays, rejections, or additional costs resulting from inaccurate, incomplete, or misleading information provided by the client.

Service Engagement

Submitting an enquiry through the website, sending us a message, or booking a consultation does not automatically create a formal client relationship.

A service relationship begins only when:

  • the relevant scope of work is agreed
  • we accept the instruction
  • any required documents and information are provided
  • payment arrangements are confirmed where applicable

We reserve the right to decline any enquiry or instruction at our discretion.

Fees and Payments

Fees for our services will be communicated separately before work begins, unless already published or clearly stated.

Unless otherwise agreed in writing:

  • service fees must be paid in advance or as otherwise invoiced
  • government fees, third-party charges, courier fees, notary fees, translation fees, and related external costs are separate from our professional fees
  • urgent, complex, or additional work outside the original scope may be charged separately

We reserve the right to pause or withhold work if payment is overdue.

Refunds and Cancellations

Because our services often involve consultation time, preparation work, document handling, coordination, and third-party processing, refunds are not automatic.

Where a client cancels after work has already started, we reserve the right to retain fees for work already performed and to deduct any third-party costs already incurred.

Government fees, official charges, and third-party expenses are generally non-refundable once paid or incurred.

Any refund, where applicable, will be assessed based on the stage of work completed and the nature of the service.

Timelines and Processing

Any timeframes mentioned on the website or in communication are estimates only unless expressly confirmed in writing.

Actual timelines may be affected by:

  • government processing times
  • third-party delays
  • missing information
  • public holidays
  • compliance review requirements
  • document corrections
  • regulatory or legal changes

We do not guarantee completion, approval, or delivery within any specific time unless clearly agreed in writing.

Third-Party Providers and Authorities

Some services may involve third-party providers, government authorities, resident agents, notaries, banks, or other external parties.

We are not responsible for the acts, omissions, delays, refusals, or decisions of any third party, including:

  • incorporation authorities
  • resident agents
  • government offices
  • financial institutions
  • licensing authorities
  • courier companies
  • external service platforms

Any decision made by such third parties remains outside our control.

No Guarantee of Outcome

We do not guarantee any specific result from using our website or services.

In particular, we do not guarantee that:

  • a proposed company name will be available
  • incorporation will be approved without issue
  • a specific tax outcome will apply
  • banking facilities will be approved
  • a particular structure will suit your personal or commercial objectives
  • ongoing compliance obligations will not arise
  • your company will remain compliant without proper ongoing action

Each client’s circumstances are different, and outcomes may depend on factors outside our control.

Use of Website Content

All content on this website, including text, layout, service descriptions, branding, graphics, and other materials, is owned by or licensed to Bestax Chartered Accountants unless otherwise stated.

You may not copy, reproduce, republish, distribute, modify, or commercially use website content without prior written permission.

Acceptable Use

You agree not to use this website:

  • for any unlawful or fraudulent purpose
  • to submit false or misleading information
  • to interfere with the website’s operation or security
  • to distribute malicious software or harmful code
  • to misuse our contact forms, communication tools, or service channels

We reserve the right to restrict or block access where misuse is identified.

Privacy and Data Use

By using this website or submitting information to us, you agree that we may collect, use, store, and process your information for purposes including:

  • responding to enquiries
  • providing services
  • internal administration
  • compliance and record-keeping
  • communication regarding your enquiry or service
  • improving website performance and user experience

Please also review our Privacy Policy for more detail on how your information is handled.

Limitation of Liability

To the fullest extent permitted by law, Bestax Chartered Accountants and Company Formation in Panama shall not be liable for any direct, indirect, incidental, consequential, special, or business-related loss arising from:

  • use of this website
  • reliance on website content
  • delays in service delivery
  • third-party refusals or actions
  • government processing issues
  • rejected applications
  • missed business opportunities
  • loss of profit
  • business interruption
  • inaccurate information provided by the client
  • technical issues, downtime, or website errors

Nothing in these Terms and Conditions excludes liability that cannot lawfully be excluded.

Indemnity

You agree to indemnify and hold harmless Bestax Chartered Accountants, its team, affiliates, contractors, and representatives against claims, losses, damages, liabilities, and costs arising from:

  • your misuse of the website
  • inaccurate or misleading information provided by you
  • your breach of these Terms and Conditions
  • your business activities or legal non-compliance

Changes to Services or Terms

We reserve the right to update, modify, suspend, or discontinue any part of the website or services at any time without prior notice.

We may also revise these Terms and Conditions from time to time. The latest version published on this page will apply from the date of publication.

Your continued use of the website after any update means you accept the revised terms.

Governing Law

These Terms and Conditions shall be governed by and interpreted in accordance with the laws applicable to the service provider and the relevant engagement, unless otherwise stated in a separate written agreement.

Any dispute arising in relation to the website or services shall be subject to the applicable jurisdiction determined by the governing engagement terms or relevant applicable law.

Contact Us

If you have any questions about these Terms and Conditions or our services, please contact:

Bestax Chartered Accountants

Email: info@companyformationinpanama.com

Phone: +971567981808

WhatsApp: Message us on WhatsApp

Offices

Panama Address
Obarrio, Bella Vista, Panama City, Panama 07185

Dubai Office
DAMAC Executive Bay - Office 601 - Tower B
Al A'amal St - Business Bay - Dubai

Canada Office
1470 Hurontario St Suite 100
Mississauga, ON L5G 3H4
Canada

Need clarification before you proceed?

If you have questions about these terms or want to discuss your Panama company formation requirements before moving forward, contact our team for clear guidance.