Company formation and management

Formation and management of corporations in Panama, British Virgin Islands (BVI), Seychelles, Anguilla, Bahamas, and Belize, among others.

Learn more about the differences between these jurisdictions by viewing our jurisdictions comparison chart below.

Trust Services

Provided through Icaza Trust Corporation

Provision of services focused on attending the succession planning needs of high-net-worth individuals, and the succession of family businesses. Besides structuring and administering estate planning trusts and private interest foundations, Icaza Trust Corporation is also highly recognized for structuring and administering commercial and public trusts.


Meet us at our locations

Icaza, González-Ruiz & Alemán is present in several locations worldwide. The firm has sales offices in Panama, Uruguay, Geneva, Cyprus and Singapore.

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The Legal 500
With extensive experience in acting for high-net-worth families and individuals on estate planning, including succession and corporate governance issues, the firm is also seasoned in the creation of trusts and private interest foundations.
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Icaza, González-Ruiz & Alemán has extensive expertise in succession and tax planning, as well as corporate reorganisations of family businesses. The lawyers also have a strong capability for working on trust-related matters.
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Latin Lawyer 250
They have a respected corporate and M&A team. The department covers mandates such as stock purchase agreements, acquisitions and buyouts. The firm's offshore practice is also recommended; it offers a range of trusted services.

Beneficial Ownership Act

Seychelles’ amendment to the Beneficial Ownership Act, 2020 imposes new requirements on Seychelles IBCs, which should be complied with by the end of 2023.

One of the main changes brought about by the amendment is the requirement to provide the National Identification Number or equivalent (NIN, if any) and the Tax Identification Number or equivalent (TIN, if any) for the beneficial owner as well as the nominee (if any).

British Virgin Islands

Annual Return

The British Virgin Islands (BVI) Business Companies Act and Regulations were amended and became effective on 1 January 2023 to include the preparation and submission of a Financial Annual Return (FAR). The official FAR form was published on 2 March 2023 in the Gazette.

From 1 January 2023, BVI companies must prepare and file an annual return with their registered agent containing specific financial information.



A new Belize Companies Act, hereinafter called “the Act” has been issued that will replace all former Acts, including the International Business Act, Cap 270.

This new legislation was passed on July 28th, 2022 however, only a few sections (administrative) were enforced at that time with the remaining sections to come into force on November 28th, 2022 to coincide with the launch of the new “Online Business Registration System” (OBRS) to be implemented by the Registry of Companies.

Icaza Singapore Services

Singapore, a former British colony, is currently considered one of the most prosperous countries, with one of the highest GDPs in the world. Singapore is located in Southeastern Asia and is characterized by its commercial port and logistics in transporting merchandise, a steady financial system and highly developed tourism.

It is an industrialised and technological country with high education and productivity levels, contributing to its development.

Through Icaza Singapore you are able to receive a full scope of services for Singapore and offshore companies, as well as trust services, which include company and trust formation, secretarial services, immigration, tax, accounting, and audit.


    Icaza logo

    Law firm founded in 1920 with headquarters in Panama and offices in the most important financial centers of America, Europe and Asia.

    The firm offers a wide range of legal services in practice areas such as: administrative law, maritime law, corporate formation and administration, banking and finance, immigration, labor law, intellectual property, international trade, litigation, public contracts and privatizations, taxation, estate planning, among others.

    Icaza, González-Ruiz & Alemán

    Aquilino de la Guardia St., No. 8
    IGRA Building, Panama, Republic of Panama

    Tel: +507 205 6000

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