Citizens of the Republic of India will require a Stamped Visa to enter in Panamanian territory

By means of the Executive Decree No. 113 of April 4th, 2018, the Republic of India is included within the countries that require Stamped Visa issued by Panamanian Consulate, to enter the national territory. Comments:  This Executive Decree only applies to nationals of the Republic of India. Officials from the National Immigration Authority and the

Travel permit for minors will be online

As of April 1st, the travel permits for minors must be done only digitally.  Comments: The interested party must access the website of the National Immigration Authority (migracion.gob.pa), then go to the section “Online Immigration” – option “Requests” and thus access to “Minors Permits”. Attach the following documents in PDF: Copy of Passport (Residents) or

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Government establishes half-day of work on Thursday, March 29

The Government of the Republic of Panama, through Executive Decree No. 40 of Tuesday, March 20, 2018, orders the closure of public and municipal offices, nationwide, on Thursday, March 29, 2018 (Holy Thursday) at twelve (12) noon on the occasion of Holy Week.  Comments:  Terms on administrative procedures are suspended on March 29. Banking institutions

Morgan & Morgan recognized in the Chambers & Partners High Net Worth Guide

For the second consecutive year, Morgan & Morgan was recognized as a leading firm-Band #1 in the second edition of Chambers & Partners High Net Worth Guide – Private Wealth Law section,  a publication aimed at the international private wealth market and a key reference point of the world´s leading firms in terms of service

Morgan & Morgan promotes corporate lawyer to partner

Panama, March 15, 2018.  Morgan & Morgan is pleased to announce the promotion of attorney Fernando Boyd to the partnership of the firm. Fernando Boyd works in the Estate Planning and Corporate Services Department. Mr. Boyd concentrates his practice in business and corporate law, estate planning, private interest foundations, and company formation and management.  He

Morgan & Morgan contributed in the Chambers & Partners Securitization Guide 2018

Partners Francisco Arias and Ricardo Arias, and associate Cristina de Roux contributed with the Panama chapter of Chambers & Partners Securitization Guide 2018. In this edition, attorneys from eighteen countries summarized the key aspects and developments in each one of their jurisdictions, including Panama, where the activity in the securities sector has been performed in

Morgan & Morgan contributed in the Chambers & Partners Mining Guide 2018

Partner Inocencio Galindo and senior associate Aristides Anguizola contributed with the Panama chapter of Chambers & Partners Mining Guide 2018.  In this edition, expert attorneys in the mining sector summarized the key aspects and developments in fourteen jurisdictions. The complete guide is available here

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A Predicted Tax Legislation

Article published in the Tax Column of the newspaper La Prensa (March 4, 2018) Act 51 of 2013 granted the opportunity to regularize the taxes administered by the National Revenue Authority (ANIP, known today as Directorate General of Revenues -DGI-) in favor of taxpayers for the payment of their taxes on undeclared income in the

Morgan & Morgan advised Banistmo Investment Corporation with respect to the financing of the first LNG terminal in Panama

Morgan & Morgan advised Banistmo Investment Corporation, S.A. as holder of local collateral of several energy projects and the most recent being the Gas Natural Atlantico, S. de R.L. and Costa Norte LNG Terminal S. de R.L. LNG project locate in the province of Colon, Panama, which is an  approximately US$600 million financing. This is

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Resolution of the Ministry of Labor establishes the requirements for the affiliation of foreigners in the Department of Labor Immigration

Comments: Pursuant to Executive Decree No. 76 of December 26, 2017 and Resolution No. DM-064-2018 of February 8, 2018, published on February 20th in the Official Gazette, the Ministry of Labor will require the affiliation of foreigners in the Department of Labor Immigration. This affiliation will consist of (i) a scan of the fingerprints through