Wealth, Tax & Corporate Services – May 2017

Eduardo Achurra MonteroPartner, Pardini & Asociados

 

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Wealth, Tax & Corporate Services

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Who´s Who Legal and Getting the Deal Through award Pardini & Asociados in 2017

Pardini & Asociados is pleased to inform that our law firm has been awarded by 2 of the most prestigious directories in legal practice. Our partners Dr. Juan Francisco Pardini and Dr. Juan Jose…

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Colon Free Zone Numbers Improve

Figures compiled by the Office of the Panama Comptroller General indicate that imports through the Colon Free Zone (ZLC) totaled $1,529 million in January and February of this year, 23% more than…

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Panama – Dominican Republic: New Business Opportunities

The current Partial Scope Agreement between the Dominican Republic and Panama, in force since 1987, has a limited coverage of just under 200 products.  The governments of Panama and the Dominican…

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Growing Demand for Low-Cost Flights in Panama

Although the growth rate is relatively low, it represents a transformation in the Central American air market. There are three low-cost airlines in Panama that have increased their presence in the mar…

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Investment Incentives in the Old Town of Panama

The new law now establishes that in order to be entitled to the incentives and benefits established in the legislation, for the time frame that corresponds to each of them, the people, owners or inves…

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Panama Economic Activity Up 5.3%

Between January and February 2017, the Panama economic activities recorded an increase of 5.23% compared to the same period in 2016, which represents an improvement of 0.93 percentage points, acc…

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Legal Articles

NEW Legislation for establishing the legal framework for FATCA and CRS

Law 51 of 28 October 2016 regulates the framework under which financial institutions must collect and report specified information to the appointed Panamanian supervising authorities. The Law requi…

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This newsletter has been prepared for general informational purposes only and is not intended to be relied upon as legal, tax or other professional advice