"Whereby the Convention on Administrative Mutual Assistance in Tax Matters is approved, made in Strasbourg on January 25, 1988, as amended by the Protocol of Amendment, made in Paris on May 27, 2010"

Requirements to apply for permanent residency for executives of Multinational Headquarters offices ("SEM" for its acronym in Spanish)

The Republic of Panama enacted Law No. 526 of May 28, 2026, which introduces economic substance rules and requirements in Panama, applicable exclusively to entities that are members of Multinational Groups and that earn foreign-source passive income (the “Law”). This legislation will enter into force in the fiscal year 2027.

Panama is an appealing country for investment in broad range of sectors, including financial services, logistics, tourism, communications, technology and manufacturing.

Un grupo de asesores financieros explicaron que existe la necesidad legítima de mantener el secreto.

Through the enactment of Law 51 of October 27, 2016, Panama officially undertook to implement the Common Reporting Standard ("CRS").

The Republic of Panama approved Law No. 526 of May 28, 2026, which introduces rules and requirements of economic substance in Panama, applicable only to entities that are members of Multinational Groups that obtain passive income from foreign sources (the “Law”). This law was regulated by Executive Decree No. 32 of September 2, 2026. All these regulations will enter into force as of the 2027 fiscal period.

Located in Central America, the Republic of Panama is a politically stable nation characterised by its diverse population.

The Republic of Panama enacted Law 526 of 2026, which introduces economic substance requirements for Panamanian entities that are members of multinational groups and that derive passive income from foreign sources. The statute, effective as of fiscal year 2027, does not apply generally to all Panamanian companies or foundations, but only to those that meet the specific requirements set forth therein.

With the enactment of Law 57 of October 24th, 2018 that modifies Law 41 of 2007, creating a Special Regime for the Establishment and Operation of Multinational Headquarters and the Commission of Multinational Headquarters, ...

Modifican Y Adicionan Agentes De Retención Del ITBMS

Luego de la filtración de documentos de la firma de abogados panameños Mossack-Fonseca a través del titular Panamá Papers...

Panama ranks number 10 on economic freedom, from a list of 29 Latin-American economies evaluated, and this score slightly surpasses the regional. Its economy is 65.9% free and occupies position 47 of 157 countries on the world liberty level.

En el contexto actual de fiscalidad internacional, transparencia y creciente escrutinio regulatorio, la selección de una jurisdicción offshore ya no puede basarse únicamente en beneficios fiscales tradicionales. Dentro de la práctica de planificación patrimonial y estructuras multinacionales, factores como eficiencia operativa, carga regulatoria, neutralidad fiscal y flexibilidad jurídica adquieren un peso determinante.

Por medio de esta Resolución, se establecen cambios en los requisitos para la solicitud de No Aplicación del Cálculo Alterno del Impuesto sobre la Renta (CAIR).

Con este decreto se modifica la vigencia del mecanismo de retención para los agentes de retención que tengan compras anuales superiores a 10 millones y para los administradores de tarjetas de débito o crédito...

A holding company incorporated in Panama that never had an office or employees, and that only receives dividends from a subsidiary in another country, is exactly one of the types of structures targeted by Law 526, which amends the Central American country’s Fiscal Code. That model, used for years in hundreds of wealth and corporate structures registered in Panama, will no longer be sufficient on its own starting in fiscal year 2027, when the new economic substance regime takes effect.

La DGI ha iniciado auditorías de precios de transferencia, esto es un reto tanto para la Administración Tributaria como para los contribuyentes, ya que la legislación panameña en materia de precios de transferencia es nueva; fue introducida con la Ley 33 de 2010 y sufrió modificaciones con la Ley 52 de 2012.

Esta Convención que se caracteriza por ser multilateral, de amplio alcance, flexible y uniforme, hace referencia a un intercambio automático de información periódicamente por el país de la fuente al país de residencia.

O Panamá é um país atrativo para investimentos em uma grande variedade de setores, incluindo serviços financeiros, logística, turismo, comunicações, tecnologia e produção.