Articles

1
Feb

Panama SEM Law

There is a new SEM Law in Panama On January 1, 2019, Law No. 57 of October 24, 2018, reformed the Special Regime for the Establishment and Operation of Multinational Company Headquarters (SEM) in Panama, by which, in essence, additional technical, financial and/or administrative services are added or expanded in…
5
Aug

Factoring Contracts

Factoring Contracts in Panama Factoring contracts, whereby one party assigns its invoices, credits or receivables to a third party or factor in consideration of legal currency, are a common source of short-term financing in Panama. The activity of offering factoring services in Panama is not regulated and can be carried out…
20
Jul

Selling a Business

The sale of a business or business unit in Panama The sale or transfer of a business establishment in Panama will not affect third parties unless made public via a 3-day notice publicized in a newspaper of the place where the business is located. The buyer of a business establishment should…

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