Americas · Fast track

Panama.

Its regulator is the Junta de Control de Juegos (JCJ).

Panama is one of 14 Fast-track jurisdictions we run, and one of 10 we cover in the Americas.

Panama at a glance.

Initial fee
$40,000
Annual renewal
$20,000
Investigation fee
$5,000–$10,000 (non-refundable)
Gaming tax
10% of GGR (monthly)
Licence term
7 years
Regulator
Junta de Control de Juegos (JCJ)
Crypto licence
None — no VASP/CASP regime in force (mid-2026)
Legal status
Crypto is legal; unregulated except AML/CFT
AML law
Law 23 of 2015 (obligated-subject regime)
Supervisor (AML)
UAF (financial-intelligence unit)
Pending bill
Anteproyecto Ley N° 314 (received 13 Jan 2026, not enacted)
Compliant route
S.A. + Aviso de Operación + UAF registration

Figures are the current published cost and timeline for a clean file. We confirm both in writing before you commit.

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