As an incentive for the tax regularization of individuals and businesses, the National Government has approved a tax moratorium effective until December 31, 2024, covering taxes and fees such as income tax, property tax, operating notice tax, transfer of goods and services tax, selective consumption tax, and the corporate franchise tax. This moratorium allows individuals and businesses to regularize their tax obligations by paying only the principal amount due, thus avoiding

Executive Decree No. 193 of 2024 amends provisions of Executive Decree No. 722 of 2020, introducing key changes to the subcategory of Permanent Resident as a Qualified Investor. This decree allows applicants to obtain permanent residency through economic investments in Panama, focusing on encouraging foreign investment. 1. Minimum Investment: The minimum investment amount has been reduced to three hundred thousand dollars (US$ 300,000.00) to obtain permanent residency, applic

Panama has enacted legal provisions through Law No. 238 of September 15, 2021, which extend maternity protections to fathers. This legislation safeguards fathers from dismissal under certain conditions, such as the death of the mother during childbirth or within twelve months thereafter, or if the mother does not have formal employment during the pregnancy or within the same period post-partum. The paternity protection lasts for up to one year following the child's birth. Fur

We are proud to announce that our partner, Ricardo Cambra, has received the Trust & Estate Practitioner (TEP) designation, awarded by the Society of Trust and Estate Practitioners (STEP). The Society of Trust and Estate Practitioners (STEP) is a global professional body comprising over 20,000 members across 95 countries. STEP members are highly qualified professionals specializing in trusts, estates, and related legal matters. The TEP designation formally distinguishes qualif

Guatemala is taking significant steps toward a brighter energy future. The National Electrification Plan 2024-2027, the first of its kind in three decades, aims to achieve universal electrification and secure funding for rural projects. Additionally, the inauguration of two regional offices for the Ministry of Energy and Mines (MEM) in Quetzaltenango and Puerto Barrios will enhance supervision and monitoring of liquid and gaseous hydrocarbon commercialization (gasoline, diese