Doing Business in Panama

©image: Deloitte Inc.

It is designed to provide potencial foreing investors with fundamental information about Panama's enviroment, including factors a foreing investor should consider in deciding whether to acquire an existin Panama company or to start a new operation en the country.
These factors include tax planing, employment and labor, financing, importing, and accounting.

Source: Deloitte Inc. Panamá

More on this topic

Doing Business 2012 Confirms Latin America Lags Behind

October 2011

Latin America is barely ahead of Africa in quality standards and conditions affecting local businesses.

As a region, Central America, is located in the second half of the list entitled ‘Doing Business 2012’.

Doing Business 2012, a report by the World Bank this year added a new area of analysis, which is the ease of obtaining an electrical connection, along with the traditional items which include: ease of starting a business, management of construction permits, registering property , getting credit, protecting investors, paying taxes, cross border trade, enforcing contracts, and insolvency resolution.

“Doing Business in Panama” Unveiled

April 2010

The industry ministry teamed up with Citibank to develop “Doing Business in Panama”, a business guide.

It includes information and tips on laws, structures, and other topics necessary when establishing foreign companies in Panama.

Roberto Henríquez, Commerce Ministry, explained that the document, that will be available in all Citi branches in the country, will explain investors Panama’s benefits in logistics, financial services, agricultural exports and tourism.

Procedures for Investing in Guatemala

October 2011

The website http://guatemala.eregulations.org provides information on procedures for conducting business in the country.

Information is detailed on procedures, costs, contacts, forms and public office documents.

The initiative is part of the e-Regulations system, driven by the Global Transparency Network.

Central America falls in Ease of Doing Business

November 2010

Position in 2010 Rankings: Panama 72 (62 in 2009), El Salvador 86 (80), Guatemala 101 (100), Nicaragua 117 (119), Costa Rica 125 (121), Honduras 131 (128).

With the exception of Nicaragua, which rose two places, the Doing Business 2011 ranking shows that easiness of doing business in the Central American countries has deteriorated, at least in relation to other countries.