If you have a Permanent Residency in Panama and thought you lost it because you have been out of the country for more than 2 years up to 6 years. The answer is NO.
Under Resolution 17405 of August 29th, 2019, if you have been out of the country for more than 2 years up…
1. Panama has excellent incentives for companies and investors:
Equal treatment for foreign and local citizens. The Investment Stability Law (Law 54 of July 22, 1998) guarantees equal rights to all foreign and domestic investors with respect to investments and businesses, as per the policy that the country has sustained for a long…
In order for immigrants to have a wide scope of knowledge regarding the immigration law, it is important to understand the modifications implemented, as well as getting in contact with a Law Firm as soon as they arrive to the country.
In this sense, the purpose for this Legal Report is to assess…
Agreement Between Panama Italy for Permanent Residency
The “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…
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…
The business of a Latin American (LATAM) portfolio is perhaps one of the most interesting opportunities presently. It should be seen as an asset to show your international clientele that your scope of doing business now includes the merging markets with a smaller economy, but with more stable opportunities and a more peaceful climate to…
[:en]When people think about retiring, some concerns related in this new phase in life may arise. Fortunately, there are some wonderful countries for retirees from all income levels, Panama is one of them which occupied for many times the first position in the Annual Global Retirement Index of International Living, for many reasons explained below.…
President Juan Carlos Varela, President of Panama will comply with the OECD, by implementing in 2018, the automatic exchange of financial information.
Panama has been making changes in his legislation to comply with international standards of business. This was what the Vice-President and Minster of Foreign Affairs, Isabel De Saint Malo stated. This initiative gave…
Las sociedades anónimas panameñas están sujetas a un impuesto anual corporativo para mantener la plena vigencia de la sociedad, denominado Tasa Única. El pago de este impuesto se debe realizar por conducto del Representante Legal o el Agente Residente de la sociedad, siendo el primer pago de $250 cancelado al momento de constituirse la sociedad…
Marco Williams De Souza, Williams & Associates; Remy Swaab, Executive Director, World Trade Center Panama; Néstor Altuve, General Manager, Capital; Donna Siebrasse, President, World Trade Center Panama Complex and Managing Director, Sanchiz, Siebrasse & Asociados, S.A.
PANAMA, REPUBLIC OF PANAMA - Remy Swaab, Executive Director of the World Trade Center Panama, a modern, international business complex…
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In the Law No. 15 on February 1th of 1966 was published the Friendship, Commerce and Navigation Treaty between the Republic of Panama and the Republic of Italy, which rules the relationship between both countries in matters related to the treatment of their citizens in the territory of the…
