IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Raúl A. Bermúdez of Bermúdez & Asociados. Raúl has joined IR as our exclusive Accounting Services Member in Panama. “Bermudez & Asociados is an authorized Public Accountants firm established in the year of 2006, as a local accounting firm with international […]
It is well know that current economic situation has evolved to the position where the biggest global economies through their government have tighten their tax regulation. The procurement of a second residency and/or citizenship has been often an exit measure in regards personal tax exposure. During the last few years, a wise asset management structure with […]
Pardini & Asociados is proud to announce that Dr. Juan Jose Espino, partner of our law firm, co-authored the Global Overview of Getting the Deal Through: Air Transport 2017. The publication of Air Transport addresses the most important issues and gives ‘first step’ advice from local experts in key jurisdictions, covering: Regulatory bodies, safety regulation, provision […]
Law N°1 of 1984 was at the time of its enactment one of the most innovative laws for wealth planning in Latin America. Prior to Law 1, Panama had already enacted in 1925 the first trust Law in Latin America. Law N°1 has been recently amended by means of Law 21 of 2017. The purpose […]
Dr. Juan Jose Espino, partner of our law firm, co-authored the first edition of Aviation Liability of Getting the Deal Through. This publication details the complex interplay of laws, regulations and international treaties that determine who is responsible when things go wrong in the air. Topics covered include: applicable treaties; liability for passenger injury or […]
Dr. Juan Jose Espino, partner of our law firm, co-authored the Global Overview of Getting the Deal Through: Air Transport 2018. The publication of Air Transport addresses the most important issues and gives ‘first step’ advice from local experts in key jurisdictions, covering: Regulatory bodies, safety regulation, provision of air transport services, acquisition of licenses […]
Since 2012, a conflict began between KLM and a Panamanian company in relation to damage suffered by cargo. A judgment was rendered in late 2017 against KLM violating the limitation of liability provisions covered by the Montreal Convention which is signed and ratified by Panama as well as other provisions of Panama law. Bearing in […]
Dr. Juan Jose Espino, partner of our law firm, co-authored the Global Overview of Getting the Deal Through: Air Transport 2018. The publication of Air Transport addresses the most important issues and gives ‘first step’ advice from local experts in key jurisdictions, covering: Regulatory bodies, safety regulation, provision of air transport services, acquisition of licenses […]
Since the late 1950’s Panama has been at the forefront of developing its logistics and trading capacities through the creation of especial free zones regimes. Traditionally and until 2011 the Rep. of Panama had created 4 different trade zones via especial laws regime, all of which are state owned, or partly, and controlled initiatives, these […]
By means of executive decree No. 75 of December 26th of 2017, President Varela approved the new minimum wage that will enter into effect as of January 1, 2018 Legal basis and historical reference According to article 66 of the Constitution of the Republic of Panama, the country`s labor law will establish the mechanism to […]
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 requires that all financial institutions must perform or establish due diligence protocols and procedures in accordance with Annex I of the Intergovernmental Agreement (law 47of 24 October 2016) […]
Pardini & Asociados in its continuous purpose of providing greater and better services to our clients is pleased to expand its services to Citizenships programs in several jurisdictions of the Caribbean. These programs are well recognized to comply with the most strict global migration policies worldwide, bringing to any new citizen holders the possibility to travel to many […]