Jurisdictions › Panama › Licence fees

Panama · Question 04 of 11

Licence fees: What do the licences cost?

Mixed · Probable · AI-generated · Back to full Panama report →

Key section parameters

JurisdictionPanama (PA)
RegulatorRecorded in register
FavourabilityMixed
ConfidenceProbable
Review statusAI-generated
Last collected18 Oct 2026

Summary answer

Advisory sources report a one-time state fee of approximately USD 40,000 on licence approval (cited under Cabinet Decree No. 462), an annual renewal fee of approximately USD 20,000, and a non-refundable investigation fee of USD 5,000–10,000 at submission. Mandatory financial guarantees apply. These …

Full section analysis

Advisory sources report a one-time state fee of approximately USD 40,000 on licence approval (cited under Cabinet Decree No. 462), an annual renewal fee of approximately USD 20,000, and a non-refundable investigation fee of USD 5,000–10,000 at submission. Mandatory financial guarantees apply. These are moderate relative to major jurisdictions; exact figures rest on T2 advisory sources pending JCJ primary confirmation.