COVID-19: Reopening of the National Immigration Authority and the Labor Immigration Department of the Ministry of Labor

Updated on June 1, 2020 National Immigration Authority: Residence Permits are valid until June 7, 2020. This measure is in place since from March 13. The suspension of administrative processes and user service will be lifted from June 8. In-person user servicewill be restored gradually and progressively: Between June 8 and June 12, only attorneys will be allowed to visit, between the hours of 7:00 a.m. and 4:00 p.m. As of June 15, the general public will be

Laboral Law in Panama

The ABC´s of labor and tax issues during the COVID-19 pandemic (Webinar)

Panama, May 27, 2020. The Innovation Center at the City of Knowledge held the Webinar “The ABC´s of labor and tax issues during the COVID-19 pandemic”. The conference was presented by Maria Teresa Mendoza, Labor Law expert and Partner at Morgan & Morgan, and Amanda Barraza de Wong, tax specialist and Senior Associate at Morgan

Management in times of COVID-19: Strategic Plan to restart activities and Tax Management (Webinar)

Panama, May 26, 2020. The Mexico-Panama Chamber of Commerce (“Camexpa,” for its initials in Spanish), in alliance with Tecnologico de Monterrey and Morgan & Morgan, held the Webinar “Management in times of COVID-19: Strategic Plan to restart activities and Tax Management”. Amanda Barraza de Wong, Tax Law expert and Senior Associate at Morgan & Morgan,

Main Banking Regulation in times of COVID-19 (Rule 4-2013 and Rule 2-2020) (Webinar)

Panama, May 22, 2020. The German-Panamanian Chamber of Commerce and Industry, in alliance with the Swiss-Panamanian Chamber of Commerce, the Franco-Panamanian Chamber of Commerce, and the Panamanian-Dutch Chamber of Commerce, held the Webinar “Main Banking Regulation in times of COVID-19” (Rule 4-2013 and Rule 2-2020).  This Webinar was presented by Kharla Aizpurua Olmos, partner at

COVID-19: Additional, exceptional and temporary measures adopted by the Superintendency of Banks of Panama and the Panama Banking Association.

Updated on May 21, 2020.Rule 2-2020, as amended by Rule 3-2020 of the Superintendency of Banks of Panama (hereinafter, “SBP,” for its initials in Spanish). On March 16, 2020, the SBP issued Rule 2-2020, which was subsequently amended by Rule 3-2020 (here in after referred to as “Rule 2-2020″) and “establishes additional, exceptional and temporary

Why incorporate your startup in Panama?

In the corporate world, there is a novel type of enterprise labeled “startup,” which is known for its rapid growth, partly, because of the fact that it is highly related to the general use of information and communications technologies (ICTs) and the latest business trends. Given the rapid growth and scale that characterizes a successful

Chambers & Partners Corporate Tax Guide 2020

Panama, May 19, 2020.  Partner Inocencio Galindo, senior associate Amanda Barraza, and associate Angelica Ortiz contributed with Chambers & Partners Corporate Tax Guide 2020. This edition highlights the key features of tax regimes, taxation of inbound investments, taxation of non-local corporations, anti-avoidance and BEPS.The online Panama chapter is available here. Or a PDF version is available

COVID-19: Latin American Guide for Employers 2nd Edition

Updated on May 18, 2020  In this guide, Employment Law Alliance (ELA) members from the Latin American region have provided answers to some of the most important questions that companies need to address during the COVID-19 pandemic. María Teresa Mendoza, partner at Morgan & Morgan, covered the Panama chapter of the guide. Click here to

The National Immigration Authority and the Civil Aviation Authority extend the measures taken as a result of the State of Emergency declared due to the COVID-19 pandemic

Updated on May 18, 2020.  National Immigration Authority: The validity of residence permits is extended up to May 31. This extension is in force since March 13. All administrative and procedural terms are suspended until May 31. In-person service to users is also suspended until the same date.  Civil Aviation Authority: The suspension of all

COVID-19: Measures related to leases and evictions.

Updated on May 14, 2020. Through Executive Decree No. 145 of 1 May 2020 (the “Executive Decree”), enacted in Official Gazette 29,015 of the same date, the Panamanian Government established certain measures related to lease agreements and eviction procedures. Among its recitals, the Executive Decree indicates “that the health crisis produced by the COVID-19 pandemic, has resulted in the loss of jobs, the suspension of the effects of contracts, as well as commercial