Panama's Conventions Bureau is in talks to ensure that convention expenses become tax deductible for US companies.
Convention tourism attracted 53,804 foreign visitors to Panama last year.
Aida Quijana, president of the Conventions Bureau, said it was important for Panama to follow Costa Rica's lead by allowing US companies to deduct convention expenses from their tax obligations.
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The Exciting Development in the hub of the Americas in Panama
Panama Pacifico is in the first phase of construction of a four phase project spanning the coming years. The destination's internationally relevant location, adjacent to the Panama Canal and the Pacific Ocean, makes this business center in Panama an ideal global business hub. Its lush setting provides the perfect backdrop for the new thriving, newly-built, master-planned community.
International Business Park
Looking for parking space?
Our new business office in the International Business Park of Panama Pacifico is under construction, and includes a new five storey parking facility.
Life is easier when you have a plan. Offices designed, built and created under international standards.
Fiscal, Labor and Migratory Benefits:
See the lengthly list of benefits enjoyed at Panama Pacifico.
Special Economic Area
Law 41 was created in 2004 to offer exceptional benefits to companies setting up base in the Special Economic Area. A single government office in the area speeds up the process to set up a company in the area.
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