A new report on gasoline prices in the Americas has highlighted drops in gas prices in Colombia and Ecuador in the first half of 2021, while Bolivia, Chile, and Venezuela saw little or no change. Although the rest of the region saw gasoline prices rise, it was only in Argentina, El Salvador, and Panama that …
Millicom, the parent company of Tigo, has announced a $250 million investment project in Panama that will see the telecoms provider extend coverage to some of the Central American country’s least connected areas, as well as creating a Panama fintech hub intended to expand mobile financial services throughout the region. The move was announced recently …
Panama Fintech Hub Part of $250 Mn Tigo Investment Read More »
After almost a decade of facilitating easy entry into the Panamanian market, the Panama Friendly Nations Visa is going through a major overhaul. But while its parameters will tighten significantly from August, the visa is not disappearing as some investors fear. For anyone considering business formation in Panama, these changes are of considerable interest. Read …
Panama Friendly Nations Visa to Change not Disappear Read More »
If you are looking to enter the Panamanian market, you may find that your best option is to form a branch. Because not only can you form a branch in Panama faster than you can complete full company incorporation, but you will also retain much more control over the entity than if you register a …
If you are interested in doing business in Panama, but are only planning a shorter-term or limited scale operation, you may find that your best bet is to hire staff via an employer of record (EOR). Because when you hire through an EOR in Panama, the contracted firm acts as their official employer, while you …