The general Panama corporation is the most popular type of company. Within this type, there are two varieties that are offered. The first type is the Panama Corporation (Sociedad Anonima), which only has the requirement that there be either one stock holder or shareholder. The other type is the Panama Bearer Share Corporation, which does not require any shareholders.

With the Bearer Share Corporation, the only things that is issued is Bearer shares. This gives the person who physically has the shares the ownership of the corporation. Ultimately, this offers the most privacy out of all of the options. In addition, this is one of the most well respected types of bank accounts that are within Panama and abroad.

The Panama Foreign Corporation gives companies that are foreign the ability to register their company within Panama. However, this is not an option for those doing offshore banking. The other type of banking offered is the Panama General Partnership and allows for offshore investing, as well as banking as a partnership. However, there are no advantages that come with this option over having a general Panamanian company.

The Panama foundation offers a powerful tool to those who do there banking offshore. Anyone wanting a multi layer of protection for confidentiality can use this in addition to a Panama bearer share corporation, along with a Panama corporation and bank account. Another option offered is a Panama trust, however the main goal of this account is not to offer secrecy, but rather more assett protection, while having the appearance of owning a Panama Company.