Why invest in Panama

Location

Certainly, to talk about Panama is to talk about its geographic position; one of its most important assets throughout history, Between the Pacific and the Atlantic ocean, in the centre of the American Continent, Panama provides all the special characteristics for been considered a business paradise. With the construction of the third locks of the Panama Canal and easy access to the Country from air, land and sea, Panama is the place to be, considered as the most cost effective logistic platform of the West Hemisphere. Security high standards and low cost of living allowed panama to be one of the best Investment destinations of Latin America.

Panamanian Laws to Attract Investment

Panama offers a sophisticated set of legal and tax incentives alongside strict investment protection legislation in order to promote the investment and fair trade. The International Headquartes Law, The tourism Law, The Special Economic Areas law are just some to be mention.

Setting up your business in Panama

Establishing a Company in Panama - steps

Hire a registered agent which must be a lawyer or a law firm, who have to prepare the Articles of Association.
Notarize articles of incorporation, that must include (a) the name and domicile of each subscriber to the articles of incorporation; (b) the domicile of the company and of the resident agent, who must be a lawyer or law firm in Panama; (c) the names and addresses of the directors and the officers; (d) the name of the corporation, set out in such a way to distinguish it from other registered names already registered with the Public Register; (e) the company purpose or general objectives; (f) the name of at least the president, the secretary, and the treasurer, who may or may not be the same as the directors and need not to be shareholders and who may hold more than one office or title; (g) details about the capital and the type and number of shares into which it is divided; (h) the company duration, which may be perpetual; and (i) any other provision the subscribers may wish to include.

Doing businesses in Panama

Panama occupies one of the most strategic geopolitical locations on earth, and offers huge economic advantages to global business. Unique economic circumstances underwrite the economy. The globe busiest trade route and the largest free zone in the western hemisphere provide the anchors to underpin Panamas continued robust economic performance.

Now days, with a current number of 3,405,813 habitants (general accounting office of Panama), and a 10.6% of annually growth (World Bank), with a solid legal framework and the use of the American dollar as legal tender that Panama has enjoyed many years of continued economic growth and low inflation rates, Panama has become the secret jewel of America, attracting international direct inversion, in the main areas of logistics, energy, real state, free trade zone, and financial services.

2013 Sponsors Latin American Investment Forum 2013