Euromoney Legal Media recognizes Morgan & Morgan
Panama, August 27, 2020. Morgan & Morgan is pleased to announce that our firm has been shortlisted for two awards in the Women in Business Law Americas Awards 2020 organized by Euromoney Legal Media Group. The awards recognize firms and women lawyers across a spectrum of practice areas, jurisdictions, and sectors, providing a snapshot of
- Published in 2020, Litigation and Dispute Resolution_news, Mayte Sanchez, News
Utilización de créditos ITBMS en Panamá
27 de agosto de 2020 Desde el año pasado, la Dirección General de Ingresos, mediante decretos ejecutivos y resoluciones reglamentarias dispuso los lineamientos para la utilización y aplicación de los créditos del Impuesto de Traslado de Bienes Materiales y Servicios (ITBMS) generados producto de las retenciones practicadas por los agentes de retención de este impuesto,
- Published in 2020, Angelica Ortiz, Barraza Amanda, News, Taxation_news
Panama: The Shipping Law Review
Panama, August 24, 2020. Juan David Morgan Jr., partner and head of the Shipping and Admiralty Litigation practice of Morgan & Morgan, was part of the experts of the seventh edition of The Shipping Law Review. This publication highlights the leading jurisdictions and critical features of regulations concerning the handling of maritime disputes. The online Panama
Special Regimes relevant to Panamanian Startups
At the beginning of a startup’s life, the use of financial resources in the most efficient way is of vital importance. It is for this reason that the incentives that a country can provide to an entrepreneur and his newly formed company can potentially determine how and how much that company will grow. In previous articles in this Startup Series, we summarized the advantages of incorporating a startup under
Feasibility of Organizing a Startup as Limited Liability Entrepreneurship Company
On July 22, 2020, the National Assembly approved, after a third debate, Draft Law No. 83 (the “Draft Law”), which regulates limited liability entrepreneurship companies (the “LLECs”) in Panama, and is now awaiting the signature (or veto) of the President of the Republic. The Draft Law’s object is to “streamline and simplify constitution procedures” of
- Published in startups
Aprueban Proyecto de Ley que establece medidas temporales de protección al empleo por razón del COVID-19
El día de hoy fue aprobado en Tercer Debate el Proyecto de Ley No. 354 que establece medidas importantes que aplicarán de forma temporal a las empresas que cerraron total o parcialmente durante el Estado de Emergencia y a los trabajadores suspendidos. A continuación, los puntos más importantes que fueron aprobados: Se extienden hasta el
- Published in 2020, Labor and immigration_covid
Morgan & Morgan achieves top ranking in the Chambers High Net Worth Guide 2020
Panama, July 29, 2020. Morgan & Morgan is pleased to announce that, for the fifth consecutive year, the firm´s Private Wealth Law practice group earned top ranking (Band 1) in the 2020 Chambers Hight Net Worth Guide, a publication aimed at the international private wealth market and a key reference point of the world´s leading
- Published in 2020, Estate Planning_news, Luis Manzanares, News, Raul Castro, Roberto Lewis
Superintendence of Non-Financial Regulated Persons issues new regulations in relation to attorneys and accountants
Panama, 24 July 2020. By means of Rule JD-01-2020, published in the Official Gazette No. 29076 of 24 July 2020, the Superintendence of Non-Financial Regulated Persons (SNFR) has established a set of rules and obligations imposed to attorneys and accountants whenever they incur in any of the regulated activities under Law 23 of 2015, which
- Published in 2020, Banking and Finance_news, Press Room, Publications
The creation of a startup
An entrepreneur has a lot to consider when starting a new business. Who will be part of the team? Who will manage the company? How will decision-making be handled? Without a doubt, from the legal standpoint, among the first questions that an entrepreneur must ask him or herself is: What type of entity should I
- Published in startups