Today, the National Assembly of the Republic of Panama has approved what is now being colloquially called Panama?s Crypto Law. In essence, Law 697 was passed today by an overwhelming majority of the Assemblymen and now it has to be passed to the President of Panama for signing. Below we outline some of the main …
The Government of Panama has issued, through Executive Decree No. 198 of May 7, 2021, a new Short Stay Visa for Remote Workers. Any foreigner who meets the following conditions can apply to this visa: That he has an operating contract with a foreign transnational company or is an independent worker. The work must be …
The Panamanian Government has issued, through Executive Decree No. 197 of May 7th, 2021, major changes to the Friendly Nations Visa. The Decree was published on May 20th, 2021 and will come into force in 90 days (August 20, 2021). The changes include the elimination of the possibility to access permanent residence by incorporating a business …
Normally, by this time we focus on sending a message where we communicate our achieved goals during the year, however, on this occasion, it seems prudent, instead of talking about our achievements, to send a message to all those families who have lost a loved one as a product of this pandemic, to those who …
For companies, limited liability companies, private interest foundations and other legal structures that must pay the annual franchise tax, they can also take advantage of this new tax amnesty in order to pay their surcharges and fines, which are due up to February 29, 2020, with an 85% discount on them.
Despite being an electoral year, which is usually very difficult for any company, at CLD we are very proud of the goals achieved during 2019. With great pride, at CLD we believe in supporting our entrepreneurs, that is why during 2019 we carried out training sessions, mainly on issues related to trademarks and the protection …