Articles written by Legal Team Panama on Business news updates, Legal / Law changes, Regulatory updates, Industry reviews, Legal advisory, Accounting advisory, Expert Q&As and much more.
Doing business in Panama can be a smart option for US companies due to strong international relations between these two countries, benefits for foreign investment and the US-Panama free trade agreement. Panama has the lead in economic growth in Central America, with...
Panama is emerging as a regional hotspot for commercial activity and increasing opportunities for foreign businesses. The country famously offers globally competitive conditions for company formation and tax compliance, projecting it as a leader in Central America for...
In the process of business expansion, entrepreneurs might be seeking to hire a sales executive in Panama. For this, it’s important to research local labor laws and understand how to hire a sales executive in Panama to start their business. Panama has a strong economy...
Panama’s commercial setup represents a lucrative and strategic opportunity for foreign investors. Its prime location between North and South America, its numerous free trade zones, competitive tax rates, as well as its maritime expertise make Panama a perfect location...
For many years, Panama has been a destination of choice for entrepreneurs to establish a company for their Latin American expansion. The economy is one of the fastest growing in the region, showing an average increase in annual GDP of 5.6% between the years 2013-2017....
Panama has an average GDP growth rate of 5.4% over the last 5 years, making it one of the fastest-growing economies in the region. Much of this is thanks to its vast expertise in the maritime industry. Of course, being home to the Panama Canal, its fantastic...
Panama draws attention worldwide for its stellar economic growth and port facilities, enabling a strong entry point for businesses all over the world into Latin America. Next on the country's economic development list is strengthening the skills of its local and...
Panama is one of the most competitive countries in the Americas. It’s a strategically sound location for business, where you can quickly and easily establish a company of your choice to engage with the rest of the region. In the business world, it’s very important to...
Panama’s geographic location and logistic facilities make it the perfect springboard into the rest of the continent for business. Consider the ease of access to some of the highest-ranking ports in the world, low cost of labor, and various incentives for foreign...
On 5 May, 2019, Laurentino Cortizo was elected as the new President of the Republic of Panama, formally taking office on 1 July. As part of his agenda, the new President-elect has secured through one of his proposals an economic acceleration plan which will encourage...