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Financial Center

 

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Panama has become an international financial center that has, among others, the following characteristics:

bulletA Corporation law that dates back to 1927, namely Law Nº32 of February 26, 1927.
bulletA new legislation on Foundations of Private Interest, Law Nº25 of June 12, 1995, similar to the adopted by Liechtenstein.
bulletA new law on Trust adopted on 1984 by means of Law Nº1 of January 5, which repealed the old Law Nº17 of February 20, 1941.

 

Investments in Panama

Panama has entered into agreements concerning Treatment and Protection on Investments with the Unites States of America, France, Federal Republic of Germany, United Kingdom of Great Britain and Northern Ireland, Canada and Chile.  Besides, Panama has also signed a Treaty concerning Settlement of Differences related between States and Nationals of others States (Official Gazette Nº22947 of January 8, 1996.

Panama also has legislation whereby juridical stability is given to investments made in Panama, namely Law Nº54 of July 22, 1998.

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Ultima Actualización: Thursday, 20 de September de 2012