Panama is a country with excellent conditions to live a quality life, which is why many foreigners from allied countries want to settle there. To do this, it is important to do it legally and apply for a visa from friendly countries. The latter is divided into three modalities, among which is the visa from friendly countries for reasons of investment in real estate. Below, we will mention the steps required for your application, as well as the necessary documents. Remember that our immigration lawyers in Panama will advise you throughout the entire process so that your permanent residence is...

Those who wish to enjoy navigation in the waters of Panama have to consider the regulatory framework and complete the required procedures. Here comes the legal concept of registering ships and yachts, which must be carried out before the Maritime Authority of Panama (AMP), so that compliance with safety standards in this type of media is guaranteed. To do this, it is necessary to complete the application and present some documents that you need to know. It is advisable to approach a law firm in Panama so that the entire registration process is carried out correctly. Application and documentation…

Panama is a country that has a lot to offer for its inhabitants, where you can breathe an air of constant economic and commercial growth. Tax management and compliance with tax obligations are crucial aspects for companies and individuals in Panama. With a well-structured but complex tax system, understanding tax procedures and applying appropriate tax planning strategies are essential for business success and efficient management of personal finances. To facilitate these legal interactions for companies, Panleb, a law firm in Panama, has been created. Panamanian tax system The tax system in Panama…

Choosing the right legal structure for a company is crucial for its success and sustainable development. In Panama, the incorporation of a corporation (SA) is a highly attractive option for national and international entrepreneurs due to its flexibility, tax benefits and the privacy it offers to its shareholders. To establish corporations in Panama, it is essential to understand the precise legal requirements that regulate this process. One of the key aspects is strict compliance with the regulations established by Panamanian legislation, which guarantees the validity and legality of the entity. These requirements range from…

The path to the future is full of possibilities. With so many minds operating today, innovation in many sectors is growing exponentially. Some think that, with so much history behind us, we can no longer have new ideas, or expect original ideas. They think that every thought is some compilation of all the things that have already been thought. And, in a way, it is true, but the compilation of many things into one creates, by default, something new and, in several cases, something better has been created. The business world is a perfect example as it is one of the sectors…

When it comes to legal processes, it can sometimes be difficult to identify where to start. Lawyers specializing in migration will always be the best option if you are looking for professional help to achieve successful management in this area. Next, we will present the key aspects to keep in mind when requiring legal advice on migration. Knowledge and experience A lawyer is a professional competent to carry out the tasks corresponding to the legal system. That is, it has the necessary knowledge and skills related to local and national laws, as the case may be. Have the support…

For those looking to create a company in Panama, they should know that the requirements requested are actually not many. However, it is recommended to seek the support of experts in the sector to avoid complications or setbacks that could delay the management. Panama is considered an economic power at the level of Central America and Latin America, which makes it a territory of interest for many local and foreign investors, due to the great viability of growth it represents. On this occasion, Panama Legal Business will announce what aspects should be considered when thinking about creating a company…

Last July, Executive Decree No. 112 was presented, which stipulates the creation of the Temporary Protection Permit (PTP), but what does it consist of and how can I benefit from the support of Panama immigration lawyers? We will be talking about this on this occasion to understand the importance of this resource and what measures to consider to take advantage of its benefits. What is the Temporary Protection Permit? This is a permit that will allow you to observe and recognize, unequivocally, foreigners who have an irregular status within the national territory. All this, through…

People decide to leave our country of origin to settle or reside in another country that offers us better living conditions. Spaniards commonly prefer to settle in Andorra because of the tax benefits it presents, in addition to the fact that it is not so far from their country of origin. However, Andorra is not the only alternative for Spanish citizens who are looking for a country where they can establish their personal residence and their business operations center. Panama may be a better option if you analyze the differences in how to obtain residency in Panama than in Andorra. Advantages of…

If you are thinking of opening your own company offshore, you should definitely take into account the innumerable advantages of corporations in Panama, mainly in terms of economy, tax and personal protection for each of the shareholders. Keep in mind that these types of organizations in Panama are accompanied by several legal benefits that are not available in the country of origin, especially in terms of data privacy and private investments. This issue has been extremely controversial in recent years, mainly as a result of the problem of the "Panama Papers", in...