Francisco Linares re-elected as Chairman of the Panamanian Maritime Law Association

Panamá, April 30, 2018. Dr. Francisco Linares, partner of Morgan & Morgan, was re-elected as Chairman of the Board of Directors of the Panamanian Maritime Law Association for the 2018-2019 term. The act took place last April 20 at Club Union in Panama City, with the presence of personalities and professionals of the legal and

Ana Cristina Castrellon is designated Deputy Representative of the Rotary Club Panama to the National Oncology Institute Administrative Board

Ana Cristina Castrellon, associate of Morgan & Morgan, has been appointed Deputy Representative of the Rotary Club Panama, in its capacity as member of the Administrative Board of the National Oncology Institute (ION). ION engages in research and treatment of cancer patients in the Republic of Panama. Ms. Castrellon will participate in Board meetings of

TerraLex named Global Network of the Year

Panama, April 24, 2018.  As the proud TerraLex member firm for Panama, we are excited to announce that The Lawyer named TerraLex “Global Network of the Year” at its annual European Awards program in London. Recognized as the benchmark of excellence in the European legal sector, The Lawyer European Awards honors leaders in the market.

Deducción de la inversión escolar

Deduction of education expenses

Article published in the Tax Column of the newspaper La Prensa (April 15, 2018) The National Assembly approved a bill that will allow individual guardians and taxpayers to deduct education expenses incurred with respect to their minor dependent or dependents, which includes (but not limited to as we understand) enrollment and school fees, as well

Morgan & Morgan is internationally recognized for its Pro Bono program

Panama, March 27, 2018. For the fifth consecutive year, Morgan & Morgan has received the “Leading Lights” recognition in Latin America for the Pro Bono program that the firm executes with the invaluable support of its team of lawyers. This distinction was granted by the British publication Latin Lawyer, who together with the Cyrus R.

La norma fiscal que subsiste en el tiempo 2

The tax rule that subsists over time

Article published in the Tax Column of the newspaper La Prensa (April 1, 2018) Someone once told me: “well-made rules subsist over time.”  On the 7th of May, Cabinet Decree 109/1970 and its amendments, which regulate the Directorate General of Revenue (DGI), will celebrate 48 years since its approval. To read the full article click

Foreigners with nationalities that require an entry visa may enter Panama with a Schengen Visa

By means of the Executive Decree No. 114, as of April 4th, 2018, foreigners of nationalities that require a visa to enter the Republic of Panama may enter with a Schengen Visa or current European Union Residence. Comments: By means of the Executive Decree No. 114 of April 4th, 2018, any foreigner who requires a

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