Articles written by this author include Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Professional Employer Organization (PEO) news, Q&A with experts, and more.
For years, Panama has been one of the fastest-growing economies in Latin America. The country, with an average economic growth of 4.6%, promotes new opportunities for foreign investment in different industries. Buying property in Panama or investing in the country's real estate sector is a wise decision, as it is one of the most profitable industries to get involved in. Learn about the...
Learn about the opportunities for e-commerce in Panama to understand options available to your when expanding your business abroad. Panama is a top contender for new business, as it is one of the most stable economies in Central America. The increase of mobile and technological devices has contributed significantly to the development of e-commerce in Panama. Online services and products...
Find out about Panama's free trade agreements (FTAs), and how they support the country's development and promote benefits for foreign investment. According to the US Embassy in Panama, the country has "historically served as the crossroads of trade for the Americas.” Thanks to the Panama Canal and the benefits offered by all the free trade zones within the country, it has become a...
Understand the challenges you might face while expanding your business to Panama and how to overcome them. Panama has been one of the fastest-growing economies in Latin America, with an average economic growth of 4.6%. The country supports furthermore foreign direct investments by granting fiscal and commercial benefits, such as tax incentives. The consistent growth, the policies to...
Understand the importance of outsourcing corporate secretarial services in Panama. There are crucial competencies that you should look for in a corporate secretarial services provider in Panama. Panama is one of the most attractive countries for doing business in Latin America. The World Bank states that the country has a fast growing economy with a continuous growth percentage of...
Managing your business risk with due diligence in Panama while doing business is a key aspect for having an operational company. Foreign executives face various challenges when entering in a new country. Language barriers, different legal frameworks and cultural expectations can be difficult to understand. Therefore, business owners choose to buy operational companies to start doing...
Discover how the Panama Canal is managing current events and economic uncertainty to maintain its regular operations, and how the ongoing operations of the Panama Canal support the development of Panama. The Panama Canal has over a hundred years of operations since its inauguration. The Panama Canal is vital for the continuous progress and development of the country with more than 10,000...
Discover how to form a non-governmental organization NGO in Panama. Panama is an exciting country with many opportunities to do business, including for those focused on non-profit activities. Operating an NGO supports the development of Panama’s economic, social, and other landscapes. The economy itself has shown consistent, positive growth year on year, reflecting a healthy environment for new...
Find out the necessary steps to dissolve and liquidate a company in Panama. Because of the commercial benefits that Panama has to offer foreign businesses, the country supports one of the highest rates of newly established companies in Latin America. In 2019, 26,000 legal entities were established in Panama - an increase of 4.7% in relation to the companies established in 2018. ...
Find out how special economic zones in Panama can support your expanding business in Central America. Panama supports a number of special economic zones that offer wide-ranging benefits to companies operating within them. Panama has one of the strongest and stable economies of Central America. According to the World Bank, Panama ranks as the second-fastest growing economy in the Caribbean and...