Guide to doing business and investing in Panama
Panama is the destination for headquarters of large Fortune 500 companies dedicated to commercial activities as a profit center and a solid base to coordinate their multinational or regional operations.
The Republic of Panama has a service-based economy that offers the investor advantages such as:
- An infrastructure of goods and services with cutting-edge technology.
- Freedom from exchange controls and monetary restrictions and full use of the dollar as legal tender
- Political stability and respect for the principles and application of the laws.
- International banking, insurance, and financial center.
- A legal framework that allows 100% foreign-owned investments.
- A strategic geographical situation with state-of-the-art container ports in the Pacific and Atlantic oceans became the Americas’ hub.
- Abundance of international transportation services and excellent telecommunications services.
- Cosmopolitan city that offers excellent living conditions
- Excellent immigrant solutions: Simple visas, investor, residency, and work permits.
- Availability of qualified and multilingual staff.
- Existence of laws that empower Panama as a destination for multinational headquarters.
All this makes Panama the ideal place to invest and establish your company either as Regional Headquarters of a Multinational Company or using the benefits of the different existing special economic zones: The City of Knowledge, the Colon Free Zone, Panama Pacific, Free Trade Zone, and the Oil-Free Zone; all with excellent customs, tax, labor and immigration benefits.
FABREGA MOLINO has extensive experience in representing foreign companies for investment and establishing their operations in different industrial sectors and a multidisciplinary team that designs the best solution to make Panama a premium destination for investment. That is why we have developed the following guide for doing business and investing in Panama to present an overview of the different aspects to consider.
