CONTRACTING WITH THE PANAMANIAN GOVERNMENT: BENEFITS, STEPS AND NECESSARY DOCUMENTS

Contracting with the Panamanian government represents an invaluable opportunity for companies and suppliers, as it offers a wide range of benefits, such as stability, steady income flow and prestige. However, it is a process that requires compliance with specific requirements and formalities. In this article, we will explore the benefits of contracting with the Panamanian […]

The New Public-Private Partnership Regime in Panama: Promoting Sustainable Development

Panama has taken a significant step towards promoting sustainable development and infrastructure modernization through the implementation of a new Public Private Partnership (PPP) regime. This type of public-private partnership has become, in other latitudes, an effective mechanism for the execution of large-scale projects, allowing for greater efficiency in the investment of resources and an improvement […]

DEFEND YOURSELF IN INTERNATIONAL TAX LITIGATION

The phenomenon of international taxation in Panama is of recent date, since it was not until 2010 when we first heard about the Double Taxation Avoidance Agreements, given the important agreement that our country managed to reach with a Latin American giant: the United Mexican States. This agreement opened the door to double taxation, transfer […]

The extraordinary payment agreement is an opportunity that taxpayers should not miss.

      A possible Extraordinary Payment Agreement (Tax Transaction) is established for all those taxpayers notified of an act of the DGI, which has established the demand of balances in favor of the Treasury whose nominal value of the tax exceeds fifty thousand (B/.50,000) and even when such amount also includes interest, surcharges or […]

JUDICIAL RECOGNITION OF DAMAGES IN Panamá: TYPES AND CALCULATION.

Judicial recognition of damages is an essential aspect of the legal system, as it seeks to compensate victims for the damages suffered. In Panamá, there are various types of damages that can be recognized by the courts, and the calculation of compensation can vary depending on the nature and severity of the damage. In this […]

OPTIMIZE YOUR RETIREMENT: KEY TIPS FOR OBTAINING THE PENSIONER RETIRED VISA.

In Panamá, retired people and pensioners, both national and foreign, enjoy a wide range of benefits due to their condition, among which we highlight: If you are a foreigner, you want to establish your residence in Panamá and you have a lifetime pension of at least $1,000.00 per month from a foreign government, international organization […]

Panamá LEAVES THE FATF GRAY LIST

On Friday, October 27 of this year, the Financial Action Task Force (FATF) in a plenary session held in Paris, France, decided to remove Panama from its gray list considering that the country has made significant progress in terms of international transparency. Since then, it has demonstrated its commitment to the fight against money laundering […]