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Panama Business, Taxation and Offshore Information

Panama Is An Independent Country With A Canal

The Republic of Panama, between Colombia and Costa Rica, has a population of just over 3.5m and a land area of 76,000 sq km. The climate is tropical. Panama is a sovereign democracy with a presidential style of government. A pro-business government fell from power in 1999 and a new president, Mireya Moscoso made populist promises. However, in May, 2004, Martin Torrijos (son of Omar Torrijos, who ruled Panama between 1968 and 1981) was elected President. After losing the presidential battle in 1999, Torrijos assumed leadership of his father's party, sought to reform it, and created a platform based on combating corruption, boosting employment, and reforming Panama's fiscal system. The pro-business Ricardo Martinelli has been President since July 2009. More »

 

Panama Knowledge Base

Panama: Country and Foreign Investment
A quick overview of Panama - its history, geography, and business advantages.
Panama Executive Summary »
Panama Geography »
Panama Population, Language and Culture »
Panama Government »
Panama Economy and Currency »
Panama Entry and Residence »
Panama Business Environment »
Panama Import of Foreign Capital »
Panama Foreign Investment Regime »
Panama Stock Exchange »
Panama Free Zones »

Panama: Types of Company
A look at various types of company in Panama, providing options to suit different business needs.
Panama Corporation (Sociedad Anonima) »
Panama Foreign Corporation »
Panama General Partnership »
Panama Limited Partnership »
Panama Civil Partnership »
Panama Commandite Company »
Panama Foundation »
Panama Trusts »

Panama: Offshore Business Sectors
The key sectors of Panama's offshore economy.
Panama Offshore Business Introduction »
Panama Banking »
Panama Insurance »
Panama Trade Marketing and Distribution »
Panama Ship Management and Maritime Operations »

Panama: E-Commerce
A description of how e-commerce operations are enabled in Panama, and how the offshore tax regime can best be utilised for e-commerce.
Panama E-Commerce Introduction »
Panama Facilities »
Panama Legislation »
Panama Offshore Activities »

Panama: Offshore Legal and Tax Regimes
This section looks at available offshore operations in Panama and the criterion required for obtaining offshore tax status.
Panama Offshore Introduction »
Panama Forms of Offshore Operation »
Panama Tax Treatment of Offshore Operations »
Panama Taxation of Foreign Employees of Offshore Operations »
Panama Exchange Controls »
Panama Offshore Entities »
Panama Shipping Registry Fees »
Panama Employment and Residence »

Panama: Law of Offshore
A hub for information about the main laws and statutes affecting offshore and non-resident businesses in Panama.
Panama Table of Statutes »
Panama Banking Law »
Panama Shipping Law »
Colon Free Zone »

Panama: Labour Regulation
An analysis of employment law, industrial relations, and social security schemes in Panama.
Panama Regulatory Environment »
Panama Work Permits »

Panama: Domestic Corporate Taxation
A guide detailing the scope and rate of taxes affecting companies in Panama.
Panama Corporate Taxation Introduction »
Panama Scope of Income Tax »
Panama Income Tax Rates »
Panama Calculation of Taxable Base »
Panama Filing Requirements and Payment of Tax »
Panama Withholding Tax »
Panama Corporate Real Estate Taxes (Capital Gains) »
Panama Corporate Stamp Duty »
Panama Commercial License Tax »

Panama: Personal Taxation
An overview of applicable taxes for individuals in Panama.
Panama Residence and Liability for Taxation »
Panama Income Tax »
Panama Social Security Taxes »
Panama Real Estate Taxes (Capital Gains) »
Panama Stamp Duty »
Panama Value Added Tax »

Panama: Double Tax Treaties
Treaties and international agreements that Panama has in place, to mitigate the effects of double taxation.
Panama Tax Treaty Introduction »
Panama Table of Treaty Rates »
Panama Other International Agreements »

Panama: Related Information
Other useful information pertinent to Panama.
Panama International Law »
Panama Banking Confidentiality »
Panama Canal Silicon Valley »
Map of Panama »