Special Economic Areas and Incentives in Panama
Panama’s strategic location and modern infrastructure have positioned it as an important hub for international trade and investment. The country’s special economic areas offer significant advantages, including tax incentives, streamlined processes, and operational benefits, making them attractive to multinational companies and entrepreneurs. At Lex Innova, we provide comprehensive legal support to help businesses fully benefit from these opportunities while ensuring compliance with local regulations.
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Most common Special Economic Zones and Incentives
Colon Free Zone (CFZ)
One of the largest free trade zones in the world, providing exceptional tax and logistical advantages for exports and intra-zone transactions. Ideal for businesses in logistics, wholesale, and re-export activities.Panama Pacifico
A special economic zone designed for logistics, manufacturing, and technology companies. Businesses in this area enjoy tax exemptions, simplified processes, and access to world-class infrastructure.Multinational Headquarters (MHQ) Regime
Incentivizes the establishment of regional headquarters in Panama with tax and immigration benefits, making it a preferred choice for global corporations.Multinational Companies for Manufacturing Services (EMMA)
Aimed at companies involved in light manufacturing, assembly, and repackaging, this regime provides operational and tax advantages for businesses managing regional supply chains.Agroparques (Agro-industrial Parks)
Established under Law No. 196 of 2021, it aim to boost agricultural and agro-industrial production by offering specific incentives to operating and developing companies. Agro-industrial parks promote innovation and efficiency in agricultural value chains, benefiting both producers and investors.
Our Services
Selection of the appropriate economic regime
We analyze your business needs to identify the most beneficial economic area or regime.Legal setup and compliance
From entity registration to obtaining approvals, we manage the entire process to ensure compliance with Panamanian laws.Tax and operational optimization
We develop strategies to maximize tax incentives and streamline your operations under the chosen regime.Labor and migration advisory
We provide support for workforce management, including labor law compliance, recruitment processes, and obtaining work permits and visas under special regimes.Real Estate infrastructure investment
We provide comprehensive advisory services to investors establishing operations in Panama, whether through construction or leasing of infrastructure. Our services include real estate due diligence, drafting and reviewing contracts, negotiating with developers, managing permits, and developing tax strategies to maximize returns in Panama’s special economic zones.Contract drafting and review
We draft and review contracts to ensure they align with your operational goals and comply with Panamanian regulations.Ongoing legal support
Our team provides continuous guidance to help your business navigate regulatory changes and maintain compliance within the selected special economic area.