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New Law 446 which grants exemption of interest and surcharges payment on non-paid taxes obligations.
By means of Law 446 of October 28, 2024, published in Official Gazette No. 30149-C, a tax moratorium is granted that exempts the payment of interest and surcharges caused by non-paid taxes obligations, under the following conditions: Taxes included: Income Tax, Real Estate Tax, Operating Notice Tax, Tax on the Transfer of Movable Tangible Goods,
- Published in Taxation_news, Angelica Ortiz, Jose Rafael Reyes, News
Chambers & Partners 2024 Banking & Finance Global Guide
Panama, October 30, 2024. We are delighted to share our contribution to the Chambers & Partners 2024 Banking & Finance Global Guide. In the “Law and Practice” section, we provide an expert opinion on the financing market in Panama, delving into several critical aspects such as regulatory framework, ESG lending, guarantee vehicles, restrictions applicable to
- Published in Banking and Finance_news, Ariana V. Linares T., Kharla Aizpurua, Miguel Arias publi, News
Morgan & Morgan outstands in The Legal 500 Latin America 2025.
Panama, October 25, 2023. “Morgan & Morgan is a world-class law firm and, in addition to being the largest firm in Panama, has a group of terrific attorneys.” In number of ranked practices and individuals, Morgan & Morgan is Panama´s most recognized law firm in The Legal 500 Latin America 2025. With 40 individual rankings
- Published in News, Alejandro E. Chevalier, Allen Candanedo, Ana Castillo, Andres V. Mejía, Angelica Ortiz, Aristides Anguizola, Banking and Finance_news, Corporate Services_news, Energy and Natural Resources_news, Estate Planning_news, Fanny Evans, Francisco Arias, Francisco Linares, Inocencio Galindo, Intellectual Property_news, Jazmina Rovi, Jose Carrizo, Jose Rafael Reyes, Juan David Morgan Jr, Kharla Aizpurua, Labor Law_news, Laura Barrios, Litigation and Dispute Resolution, Luis Manzanares, Luis Miguel Hincapie, Luis Raven, Luis Vallarino, Maria Teresa Mendoza, Mayte Sanchez, Miguel Arias publi, Milagros Caballero, Nestor Broce, Orlando Tejeira, Ramon Varela, Raul Castro, Real Estate_news, Ricardo Aleman, Ricardo Arias, Roberto Lewis, Roberto Vidal, Securities and Capital Markets_news, Ship Finance and Registration_news, Shipping and Admiralty Litigation_news, Taxation_news
Morgan & Morgan advised Supermercados Xtra, SA on $300 Million Bond Program.
Panama, October 24, 2024. Morgan & Morgan is proud to announce its role in advising Supermercados Xtra, S.A., one of Panama’s leading supermarket chains, in the registration of a $300 million Revolving Corporate Bond Program with the Superintendence of the Securities Market (SMV) under the SMV’s Abbreviated Registration process. This significant transaction also included the
Morgan & Morgan advised the shareholders of Clínica Hospital de David, S.A. in the sale of a major participation in the company to Grupesal Panama, Inc.
Panama, October 15, 2024. Morgan & Morgan served as legal advisors of the shareholders of Clínica Hospital de David, S.A. (“CHDD”) in the sale of a 55% stake in CHDD to Grupesal Panama, Inc. CHDD is the parent company Centro Médico Mae Lewis, a hospital in Chiriqui, Panama. Morgan & Morgan also advised CHDD in
The Electoral Tribunal establishes the creation and regulation of the digital ID and the digital wallet service.
Decree 43 of October 8th, 2024, published in the Electoral Tribunal Bulletin on Wednesday, October 9th, 2024, establishes the creation and regulation of the digital ID, as well as the digital wallet service, and provides the following: The introduction of a digital ID for Panamanians and permanent residents, which will serve as a secure means
- Published in Immigration Law_news, News
Validity of Expired Venezuelan Passports
The Executive Decree No. 188 of October 3rd, 2024 (hereinafter referred to as the “Decree”), published in the Official Gazette on October 3rd, 2024, establishes temporary measures to recognize the validity of passports of Venezuelan citizens residing in the territory of Panama and provides the following: The use of expired passports of Venezuelan citizens in
- Published in Immigration Law_news, News
Morgan & Morgan recognized in the ITR World Tax Ranking 2025.
Panama, September 9, 2025. Morgan & Morgan have been ranked amongst the top performing tax firms in the world in the ITR World Tax Ranking 2025. The firm has been recommended in the categories General Corporate Tax and Transfer Pricing. ITR World Tax stands as the most comprehensive guide to the world´s leading tax firms
Morgan & Morgan advised MMG Trust, S.A. in the acquisition of Mercantil Trust & Finance, Inc.
Panama, August 28, 2024. Morgan & Morgan served as legal advisors of MMG Trust, S.A., in the acquisition of Mercantil Trust & Finance, Inc., a trust company and subsidiary of Mercantil Banco, S.A. Morgan & Morgan conducted a due diligence of the target entity, negotiated, signed, and closed the share purchase agreement and procured the
What is a carbon credit and how is it traded in Panama?
The need to find mitigation mechanisms against climate change increases as time passes. In this context, Panamanian legislation is directly influenced by international instruments whose main objective is to combat the effects of climate change and assume commitments to reduce greenhouse gases (“GHGs”) emissions; within which is the Kyoto Protocol to the United Nations Framework