Panama

Panama

New law to amend multinational headquarters regime

01 Jan 2019

The Government, with a view to enhancing the advantages offered to multinational headquarters for establishing and operating offices inside the national territory, has enacted Law No. 57 of 2018, amending the Special Regime for the establishment and operations of offices of multinational headquarters. The amendments consist in adding several provisions enhancing the scope of their activities and making their operations more competitive and attractive. The amendments took effect as from 1 January 2019.