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permanent Residency under the Panama – Italy agreement

Agreement Between Panama Italy for Permanent ResidencyThe “Treaty of Friendship, Commerce and Navigation between the Republic of Panama and the Italian Republic” was signed in 1966 and ratified by the Law 15 in order that Italian citizens enjoy the treatment of permanent residents in the territory of Panama.Thus, Latin American, European and American Italian citizens…

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Law No. 52 of 2016, which establishes the obligation to maintain accounting records for certain legal persons and issues other provisions.

Main Obligations of Law 52 of 2016:It is established that legal entities that do not carry out operations that are perfected, consumed or have their effects within the Republic of Panama are required to keep accounting records and supporting documentation, which must be available for a period of not less than five years…

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