On May 29, 2017, the Panamanian government established a new length of stay as a tourist exclusively for nationals from Nicaragua, Colombia and Venezuela, by means of the Decree Law No 269 of May 29, 2017.

On May 23, 2017, the Panamanian government established the Paternity Leave, by means of the Law No 27 of May 23, 2017.

By means of Executive Decree No.75 of December 26th of 2017, the new minimum wage was approved by the Panamanian government.

Panama was removed from the list of non-cooperative jurisdictions for tax purposes of the European Union, also known as the blacklist.

Regulated by means of Act No. 41 of 2004, Panama suscribed a special regime to Panama-Pacifico area.

This requirement is limited to comply with a formality that is characteristic to these legal entities due to their nature.

The tax residency certificate is only applicable to residency of countries with which Panama has subscribed double taxations treaties.

The first trust law in Panama was adopted in the 1940's, based on the common law Trust. However, in 1984 new provisions on trusts were enacted to complement other legal instruments and benefits provided by Panama.

Since 1995, the Republic of Panama is in capacity of providing the necessary legal infrastructure for the incorporation, management and continuation of Private Interest Foundations.

Following are some of the benefits to SEM Corporations

The law on Panamanian corporations, adopted in 1927, is a version of the corporation law of the State of Delaware, United States, and since its enactment, has been widely used by the international financial community...

In order to obtain your immigration visa, below are some step-by-step instructions intended to help guide you through the process.