

Upcoming Changes for International Business Companies
Seychelles is moving forward with reforms to the International Business Companies Act that will introduce new requirements for International Business Companies (IBCs). The principal changes include the following: Public Access to Directors’ Information The names of the current directors of IBCs will become publicly available through the Financial Services Authority (FSA). Based on the information available to date, this access is expected to be provided through a Certificate
Aug 251 min read


FinCEN Permanently Eliminates BOI Reporting for Companies Created in the United States
An important regulatory simplification has been adopted for companies formed in the United States. On August 11, 2026, the Financial Crimes Enforcement Network (FinCEN) issued a final rule that permanently eliminates the requirement to file Beneficial Ownership Information Reports (BOI Reports) for companies created under the laws of the United States. The final rule became effective on August 14, 2026. What Does This Mean? Entities created in the United States including LLCs
Aug 252 min read


A Stronger Framework for International Business Beginning in 2027
Panama has taken a further step in modernizing its international services platform with the enactment of Law 526 of May 28, 2026, which introduces economic substance rules applicable to certain foreign-source passive income. The new legislation will take effect beginning with the 2027 fiscal year and seeks to strengthen Panama’s competitiveness and international reputation by aligning its tax framework with current international standards. Panama Maintains Its Territoriality
Aug 242 min read


The Annual Tax for LLCs Increases from US$300 to US$400
Along with the simplification of the federal BOI Reporting regime, Delaware has introduced a change to the annual cost applicable to its Limited Liability Companies (LLCs). The annual tax will increase from: US$300 → US$400 annually The increase applies beginning with calendar year 2026, meaning that the first payment at the new US$400 rate will be due on June 1, 2027. This represents an annual increase of US$100, equivalent to approximately US$8.33 per month. Does Delaware R
Aug 242 min read


Panama opens international tender for a third mobile network operator
On June 9, 2026, the National Authority of Public Services (ASEP) officially launched Public Tender No. 01-2026-Telco: a 20-year concession to operate mobile telephony in Panama, including spectrum allocation for 5G in mid-band (3.5 GHz). Key process details: ✦ 40 MHz of mid-band spectrum (3.5 GHz), with the option to acquire up to 60 MHz additionally ✦ 20-year concession, renewable ✦ Capacity to deploy 5G Stand Alone architecture from the initial phase ✦ Spectrum pricing amo
Jun 91 min read

