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Tax

Panama has a tax system where the principle of territoriality prevails, in which the income that enters national territory is recorded through taxes.

Panama’s tax system offers an extensive list of fiscal incentives to promote investment, generate opportunities, increase exports, and boost production.  Some of the advantages for tax incentives granted by the Panamanian state apply to Companies dedicated to the City of Knowledge, special economic zones, Panama-Pacific special economic area, companies dedicated to tourism activities, etc.

FABREGA MOLINO has a team of experts in tax matters, in constant training, whose objective is to analyze, advise and propose personalized and reliable solutions to companies and individuals in the development of transactions that may or may not have an impact on the national tax system.

Our team of lawyers focus on national and foreign clients, on relations with the Panamanian tax regulations, and the implications of the Republic of Panama’s financial and commercial businesses.

Our practice is varied, offering an orientation to our clients on how to structure their operations in the national territory; we also have experts in direct and indirect tax issues, such as income tax, selective tax, and particular tax on the consumption of goods and services; transfer pricing rules and others.

Relevant Transactions:

  • Legal advisors of several multinational companies in the structuring of their operations in Panama according to special economic regimes such as Panama Pacifico, City of Knowledge, SEM, and Colon Free Zone.
Related people

José Juan Marquez

Senior Partner

Marleny Medina

Junior Associate