Articles

Posted on 2024-03-14

Regulations and Opportunities We're excited to bring you the latest updates and opportunities in Panama's dynamic onl...

Posted on 2022-09-06

  In 1981, the United States initiated the global bilateral investment treaty (BIT) program to encourage and protect U.S. investment in developing countries. By providing certain mutual guarantees an...

Posted on 2021-10-26

Contracts form a critical part of any commercial operation, allowing businesses to enter into agreements with the suppliers, customers and distributors that drive their operation. Commercial contracts can be complex and highly bespoke, covering a range of eventualities and containing a wide range...

Posted on 2020-02-03

  Introduction   The development of modern PPPs begins in the 1970s and 1980s with infrastructure projects as governments increased the participation of the private sector using Build-Operate-Transfer (BOT) and Turn-Key conces...

Posted on 2016-11-02

"A new instrument to promote and protect investments in Panama" As part of its efforts to consolidate its Economic Reforms Plan, which has led to the establishment of several bilateral commercial agreements to promote both domestic and foreign investments, and based upon ...

Posted on 2016-11-01

Since April 6th, 2011, the legislation about free zone areas was modified by means of Law 32 of 2011. The new regulation contemplates many changes in regards to the definition of free zone area as well as its fiscal benefits and requirements for getting established. The new law unifies ...

Posted on 2016-11-01

The enactment of Panama-USA free trade agreement has requested the modification of several national and traditional legislations. As an example, a significant change has been performed to the definition of Wholesale business. By means of Law 62 of 2012 the definition of wholesale busine...

Posted on 2016-11-01

In the last twenty months, the Republic of Panama has signed several double taxation treaties with countries such as Mexico,  Barbados, Netherlands, Portugal, Spain, Singapore, France, Ireland, Israel, Italy, South Korea, Czech Republic, Qatar, United Arab Emirates and  Barbad...

Posted on 2016-11-01

By means of Resolution No. 201-10861 of 2013 the Panama Government established the procedures for the procurement of the tax benefits before the National Authority of Public Income. Certification  •Any natural person or corporation must process before the National Autho...

Posted on 2016-11-01

Since Canada and Panama launched their free trade negotiations , both countries announced on August 11, 2009, the conclusion of negotiations towards a free trade agreement (FTA), as well as agreements on labour cooperation and the environment.The main elements covered by the FTA include: ...

Posted on 2016-11-01

Panama has been chosen by numerous Fortune 500 companies dedicated to all kinds of commercial activities as a profit center and a real base to coordinate their multinational or regional operations. Multinational companies have established their operations base in Panama to provide their...

Posted on 2013-07-17

Almost twenty years have passed since the enactment of Law 8 of 1994, which until the end of the year 2012 regulated tourism investments and incentives in the Republic of Panama. This body of law responded to a national strategy and a master plan oriented towards promoting tourism related investm...