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CLD Insights

Business in Panama as an Expat


Thinking about launching your business in Panama?

You’re not alone. Many expats are choosing Panama for its strategic location, stable economy, and investor-friendly laws.


In this episode, our partner Ricardo Cambra La Duke, TEP walks you through the 5 essential legal steps every expat should know before setting up a company here:


  1. Incorporate your Sociedad Anónima (Corporation)

  2. Obtain your Business License (Aviso de Operación)

  3. Register with the Tax Authority (DGI)

  4. Comply with labor and social security requirements

  5. Secure any industry-specific permits


Whether you’re starting a consulting firm, a boutique hotel, or a service business, these steps help you do it the right way and with confidence.



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