Located a few kilometers from the Panama Canal, the Colón Free Trade Zone was created by Decree-Law No.18 of 1948. It is considered the first Free Trade Zone in the Western Hemisphere and the second largest in the world, supporting the development of export and import...
With a favorable legal framework for foreigners who wish to invest in Panama, the creation of trust funds has become a benefit to those who desire to protect their assets and confidentiality without putting an end to the tax exemption or minimum tax payment. The legal...
Even if these legal entities are similar, next you will find the differences that stand out. These will be extremely important when the time comes to choose between one of the two. The board of the foundation requires a legal person or a minimum or three people. In...
According to guidelines and requirements of the Organization for Economic Cooperation and Development (OECD), which require countries considered “tax havens” to adopt certain measures to be removed from their “grey list,” the Panama Government...
