The usufruct is a legal right that allows a person, known as the usufructuary, to use and enjoy another person's property, in this case, shares in a corporation, without altering its substance, unless otherwise agreed...

The Nevis International Business Corporation Ordinance (the "NIBCO") governs the incorporation and operation of International Business Companies ("IBCs") in Nevis.

When two parties negotiate a purchase, a merger or any one-time transaction, the same tension always arises: the buyer doesn’t want to pay before receiving what was agreed, and the seller doesn’t want to hand over the asset without certainty of payment. An escrow account, or guarantee deposit account, exists precisely to resolve that dilemma.

In 2023, The Bahamas updated its International Business Companies Act by passing an amendment (No. 2 of 2023) that allows companies to split into separate entities, a process called a "demerger."

As we gear towards a more transparent corporate world, there has been a significant change in the use of the legal vehicles available in our jurisdictions.

En toda transacción puntual, ninguna parte quiere entregar su dinero o su activo primero. Una cuenta escrow resuelve ese dilema.

It is very common to find information concerning the process of incorporating a corporation in Panama. However, it is not as common to know what formal obligations...

The enactment of Law 526 of 2026 in Panama introduces strict obligations for companies that are part of multinational groups and earn passive income from foreign sources. With entry into force set for fiscal year 2027, organizations that fall behind face a 15% tax rate on their net taxable foreign-source income if they fail to demonstrate a genuine operational presence within national territory. Given this regulatory landscape, delegating accounting and labor administration to qualified local providers is no longer merely an efficiency option, it has become a pillar of legal compliance.

Law 238, of September 15, 2021, about the extension of the maternity privilege to the father (known as "paternity privilege"), comes into force as a result of the lifting...

En enero de 2025, el Gobierno de Panamá aprobó el Decreto Ejecutivo No. 2, que implementa un procedimiento innovador para el reconocimiento automático de registros sanitarios de medicamentos.

The Ministry of Labor and Labor Development (MITRADEL) of Panama has adopted the Standardized Format for Internal Work Regulations (FERIT) through Ministerial Resolution No. DM-012-2026. This format may be used by any employer with 10 or more employees to ensure, in a diligent and efficient manner, compliance with the requirements necessary for the implementation of Internal Work Regulations within their companies.

La Ordenanza de Compañías de Negocios Internacionales de Nevis (la "NIBCO", por sus siglas en inglés) regula la constitución y operación de las Compañías de Negocios Internacionales ("IBCs") en Nevis.

Panama celebrates a century since the enactment of its first Trust Law, Law No. 9 of January 6, 1925, marking the beginning of a historical journey filled with legal innovation and adaptation.

The Nevis Multiform Foundation, governed by the Nevis Multiform Foundations Ordinance of 2004, is a legal structure that shares features of both a legal entity and a trust, given its flexibility to adopt or transform into different corporate forms. Together with the Nevis trust, the foundation is a robust corporate vehicle option for asset protection.

The employer's contribution is increased gradually or staggered by three (3) percentage points, as follows...

The employer's contribution is increased gradually or staggered by three (3) percentage points...

In January 2025, Panama passed Executive Decree No. 2, establishing an innovative procedure for the automatic recognition of health registrations for medicines.

Conoce las ventajas y el proceso de incorporación de sociedades en la jurisdicción de Nevis...

When it comes to managing wealth and ensuring a seamless transition of assets, estate planning is crucial—especially for those holding shares in BVI (British Virgin Islands) companies and offshore assets.

Un fideicomiso no regulado es aquel en el que el fiduciario es una persona privada que no está sujeta a regulación por parte de ninguna autoridad financiera.