Panama Pacifico And Colon Free Trade Zone

Panama has created a series of laws that allow the establishment of companies within specially designated areas. Such areas are known as Special Economic Zones and were created as a mean to contribute to the country´s development and to stimulate employment. The Special Economic Zones also seek to provide optimal conditions of operational efficiency and comparative advantages to ensure companies established therein are competitive in international markets.

The legal framework of the Special Economic Zones entail, amongst others, tax, migratory and labor incentives mainly addressed to foreign trade activities, which make the establishment of companies within such areas more attractive.