Pardini & Asociados is honored and proud to be selected by Air China to establish its operations in Panama. The round trip flight from Beijing to Panama is scheduled to begin shortly. According to Juan F. Pardini, Managing Partner at Pardini, “we are working around the clock to set up Air China as well as […]
ACCOUNTING RECORDS All companies especially those whose operations are not carried from the Republic of Panama are required to maintain accounting records and all supporting documentation. The accounting records are to be maintained for a period of no less than 5 years, counted from the last calendar year of transactions carried out. This term is […]
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 […]
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 […]
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 […]
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 […]
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 […]
During 35 years, we have advised many high net worth individuals and their families on various matters related to the management of their assets, designing and recommending them the best investment structures. This accumulated knowledge has led us to the creation of a new practice – P&A Wealth. P&A Wealth provides comprehensive advice on the […]
News Headlines Miniso opens its first store in Panama with legal advice of Pardini & Asociados Under the legal advice of Pardini & Asociados, Miniso, international Japanese/Chinese chain of fashion, beauty and technology, started operations in Panama with its first store in the Albrook Shop… Read More Pardini & Asociados is in the ranking […]
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 of […]
Panama approves Law 50 of 2017 granting Incentives for Maritime Activities The registration of titles and mortgages of ships in the Republic of Panama has its origins with Law 63 of 1917, which reformed the Tax Code. As of 1993, the Panama ship registry crossed the threshold as the largest naval registry in the world […]