Panama Corporations – new compliance regulations

March 29th, 2012

For over than 80 years, Panamanian corporations have been considered one of the most respected and widely used legal instruments for planning and organizing asset management and offshore businesses (the Corporations Law dates back from 1928). What makes them so attractive is the confidentiality of the shareholders identity, against private parties or foreign governments. In [...]

 

Income tax exoneration – Micro Businesses

March 22nd, 2012

The Panamanian government created the Micro, Small and Medium Enterprise Authority (AMPYME) through Law 8, of May 29th 2000, with the purpose of having an institution manage “the execution of the national policies which stimulated and fortified the business sector, so it could contribute with the generation of productive employment, economic growth for the country [...]

 

Starting a business in Panama: Basic Steps

March 20th, 2012

In order to open up a business in Panama, there are a series of basic steps you need to follow that enable you to set up shop within a legal frame that will give you the protection you need, in terms of your investment, limiting the possible risks to a minimum and ensuring the owner [...]