Panama: Financial Services

La República de Panamá aprobó la Ley No. 526 de 28 de mayo de 2026, la cual introduce reglas y requerimientos de sustancia económica en Panamá, aplicables únicamente a entidades integrantes de Grupos Multinacionales que obtengan rentas pasivas de fuente extranjera (la “Ley”). Dicha ley fue reglamentada mediante Decreto Ejecutivo No. 32 del 2 de septiembre de 2026. Toda esta normativa entrará en vigencia a partir del período fiscal 2027.

The Republic of Panama approved Law No. 526 of May 28, 2026, which introduces rules and requirements of economic substance in Panama, applicable only to entities that are members of Multinational Groups that obtain passive income from foreign sources (the “Law”). This law was regulated by Executive Decree No. 32 of September 2, 2026. All these regulations will enter into force as of the 2027 fiscal period.

La Fundación Multiforma de Nevis (Nevis Multiform Foundation), regulada por el Nevis Multiform Foundations Ordinance de 2004, es una estructura jurídica que tiene rasgos similares entre una persona jurídica y un fideicomiso, por su flexibilidad de adoptar o transformarse en distintas formas societarias. La fundación junto al Fideicomiso de Nevis, es una opción de vehículo corporativo robusto para la protección de activos.

Obligations to disclose and maintain financial information and capital structures are becoming increasingly common in Panama, not only to maximise tax and financial transparency...

The stock market is undoubtedly one of the most important economic forces in the world. Every year, billions of dollars are moved through stock exchange operations, and year after year, in most...

With $ 217,000, NASA will finance the development of the Panamanian proposal to develop a "Forest Information and Management System".

There is an increasing awareness in Latin America of a clash between liberal democracy and populism and there is no greater proponent of the latter than Hugo Chavez.

The Superintendence of Banks has recently adopted Regulation No.2-2004 of December 29, 2004 for purposes of regulating the acquisition asset portfolio and/or assignment of deposits of a locally licensed bank by another banking institution.

Offshore financial centres need thick skins. Not only are they under constant criticism from the governments of developed countries, those individuals who don’t use their facilities are, generally speaking, less than flattering in their views of them as well.