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

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

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

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

Moving to Panama? Start with the right checklist. Before applying for your visa, make sure you have all the required documents ready. Our Basic Requirements Checklist outlines the key paperwork every applicant should prepare. It’s a simple, clear starting point to keep your migration process organized and stress-free.

If you have spent your life building a solid estate, it is only natural that you would want that wealth to benefit your children and grandchildren. However, history shows that this is easier said than done. There is a well-documented phenomenon in estate planning known as the “third-generation curse,” referring to the tendency for 90% of families to lose their wealth by the time it reaches the grandchildren. Why does this happen? In most cases, the issue is not the money itse

In this article, our founding partner, Ricardo Cambra, responds to two key questions for this transition period in Panama and presents an...

Since 2019, Panama has had a Personal Data Protection (PDP) law, which was regulated in 2021, and there are already multiple ongoing investigations due to non-compliance reports. This law applies to: Databases that store or contain personal data of nationals or foreigners located in the territory of the Republic of Panama. The person responsible for processing the data domiciled in the Republic of Panama. The processing of data whose origin or storage is in Panamanian territo

Panama has become a popular destination for individuals seeking to protect their wealth through estate planning and asset protection. The country offers a variety of advantages, including a favorable tax system, strong privacy laws, and a stable economy. This article will explore the benefits of private wealth management, estate planning, and asset protection in Panama. Private Wealth Management in Panama Panama is an attractive destination for private wealth management due t

Panama is a small country located in Central America that has become a popular destination for foreign investment, particularly in the real estate sector. With a booming economy, favorable tax laws, and a stable political environment, Panama offers a range of investment opportunities for those looking to expand their portfolio. One of the primary reasons why foreign investors are attracted to Panama is its strategic location. The country is situated at the crossroads of the A