Panama

Rita de la Guardia and Patricia Cordero, Alemán, Cordero, Galindo & Lee

Eloy Alfaro B and Rita de la Guardia, Alemán Cordero Galindo & Lee

In June 2018, the EU issued a scoping paper detailing the economic substance requisites that the subject jurisdictions should adopt before 2019 regarding entities based in those jurisdictions

Maria Alejandra Cargiulo of Alfaro Ferrer & Ramírez writes about the registration requirements for public offerings or sales of securities made in Panama

AFRA lawyer Ana Raquel Sedda explains how the new regime will work and what companies and their lawyers need to know

As part of the Panamanian government's plan to reactivate the economy following the Covid-19 crisis, it is currently promoting a new regime known as limited liability entrepreneurship companies (LLEC).

Local law firm AFRA explains the need-to-know on Panama’s new decree, which the govenrment hopes will increase its logistics appeal to foreign companies

AFRA partner Alejandro Alemán F. explains how the government is working to support families and businesses struggling as a direct result of the pandemic

Since its inception, Panama has positioned itself as a world-leading logistic services provider. This has been in part due to its privileged geographical location and connectivity, as well as to a solid pro-market and dollarised economy. A robust banking system and a responsible territorial fiscal regime have qualified Panama as an investment-grade country since 2010 – and it has since been upgraded by Moody's, Fitch Ratings and Standard & Poor's.

Since its inception, Panama has positioned itself as a world-leading logistic services provider. This has been in part due to its privileged geographical location and connectivity, as well as to a solid pro-market and dollarised economy. A robust banking system and a responsible territorial fiscal regime have qualified Panama as an investment-grade country since 2010 – and it has since been upgraded by Moody's, Fitch Ratings and Standard & Poor's.

As the world moves to adapt to the ever-growing, rapid-changing digital and globalised times, signing through electronic means is a concept many companies are trying to implement to increase the efficiency with which they connect with consumers and suppliers.

Panama and the UK have shared diplomatic ties since 1908. The US brought the highest amount of foreign direct investment (FDI) into Panama in 2018, with the UK coming in eighth position in the FDI stakes. The 2015 FDI figures saw the UK in fourth spot after the US, Colombia and Switzerland (with a total of 6% of FDI into Panama).