Business Information
Panama City has emerged as a bustling city of commerce. Located just minutes from the International Airport, this beautiful city has everything a business needs to thrive.
International chain hotels, Banking Capital and a duty free zone located only 75 minutes from the city are just a few benefits of doing business in Panama City. And, contrary to aged beliefs, there are no residence or nationality requirements for Directors or Board members.
Concerning to the Real Estate Business, Panama offers several advantages, as low taxes in this industry and facilities to obtain financial loans. Also the prices are suitable and Panama is free of earthquakes, hurricanes, sea quakes, and types of catastrophes, with a fascinating tropical climate all year.
Panama is an insurance and reinsurance center, whereas Panama has an extremely attractive legislation to establish and develop on these industries.
In the North Side (Atlantic Ocean), exists Colon City with a free Zone of taxes for all type of products, and is a big commercial zone with all modern facilities.
The republic of Panama has flag of convenience for all type of vessel registration. It?s a very simple, with extremely low expenses.
Panama is an international financial center, with over 125 different banks with legal operations, where the legal currency is the US Dollar, paired with extremely attractive items on the Country?s Constitution, and modern installations for the banks.
On trademarks, Panama has ratified several conferences in relation to be recognized on international levels with extremely low prices and easier registrations.
Panama has advanced technology in all modern communication systems, either to establish companies on these item, or to cover the necessities for all type of businesses.
A large percent of the Panamanian population speak the English language, and other languages in properly and acceptable forms. Panama has excellent ports and railroads
Attention!!
Be aware of scams wrongly using the name of the Republic of Panama as an incentive to do business in Panama. For more information, visit:
Super Intendencia de bancos de Panama
