Panama, December 1, 2023. For eleven consecutive years, Morgan & Morgan has received the “Leading Lights” recognition in Latin America for the firm´s Pro Bono program. In Panama, only Morgan & Morgan achieved this status, sharing honors with leading regional firms. This distinction is granted annually by Latin Lawyer, who, together with the Cyrus R.
Panama, October 25, 2023. With 30 attorneys and eleven ranked practices, Morgan & Morgan heads the Panama chapter of The Legal 500 Latin America 2024 edition. In addition, nine practice areas receive the top Tier 1 ranking in the publication. Recommended individuals: Alejandro Chevalier: Dispute Resolution. Allen Candanedo: Intellectual Property. Ana Carolina Castillo: Projects and Energy. Andres V.
Panama, October 20, 2023. Leaders League published its 2024 ranking for Corporate/M&A and Corporate Tax in Panama, and Morgan & Morgan ranks among the best law firms in the country in these practice areas as follows: Corporate/M&A: Leading firm. Corporate Tax: Excellent firm. Likewise, partners Francisco Arias, Inocencio Galindo, Carlos E. González R., Roberto Vidal, Ana Carolina Castillo, Aristides Anguizola y José
The Ministry of Labor and Labor Development (MITRADEL), through Ministerial Resolution No. DM-337-2023 dated September 15, 2023, established the new costs for the issuance of work permit ID cards for foreigner workers. These new costs were set due to the implementation of the new digitization system. Some costs remained the same; however, others were increased.
Law 401 establishes an annual franchise tax rate savings opportunity for Corporations and Private Interest Foundations.
The National Assembly of Deputies of the Republic of Panama issued Law No. 401 of October 5th, 2023 (published in Official Gazette No. 25998) through which discounts of 25% are granted for prompt payment to owners of corporations and private interest foundations that advance the payment of the Annual Franchise Tax for year 2024 before
Panama, October 3, 2023. Once again, Morgan & Morgan consolidates its position as a leading law firm in Panama in the 2023 IFLR1000 rankings for firms and lawyer ratings for Latin America. Firm´s rankings Banking and Finance: Tier 2 Capital Markets (Debt & Equity): Active M&A: Tier 2 Project Development: Tier 1 Individual ratings Francisco
Panama, September 22, 2023. Once again, Latin Lawyer 250, 2024 edition, recommended Morgan & Morgan in the areas of Banking and Finance and Corporate and M&A. Banking and Finance “Morgan & Morgan´s banking and finance department frequently represents lenders during project finance deals, credit facilities and refinancing transactions. This practice group also includes capital markets
The Legislation The amendments to the British Virgin Islands (“BVI”) Business Companies Act (the “BC Act”) and BVI Business Companies Regulations (the “Regulations”) were published by the BVI government and entered into force on 1 January 2023. In this article we analyze a major change, which is relevant to the accounting requisite of BVI International
The National Immigration Authority (hereinafter “SNM” for its acronym in Spanish) has announced that, starting from September 8, 2023, they will implement new administrative migration measures for entry to Panama, in order to counteract the increase in irregular migration. Among the new migration measures to be implemented, we can mention the followings: Reduction of the stay period for
Panama, September 7, 2023. Morgan & Morgan’s Private Wealth Law team, comprised of partners Raúl Castro, Luis Manzanares, Fernando Boyd, and Laura Barrios, contributed to the Panama Chapter of Chambers Private Wealth Law Practice Guide 2023, a guide featuring over 30 jurisdictions. Our analysis on the trust and corporate services industry in Panama offers the latest