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New deadlines for the submission of extensions for Temporary Residency Permits, Provisional Permits, or Permanent Residence Permits and Domestic Workers’ Visa.

The National Immigration Service, through Resolution No. 246 of January 3rd, 2024, established the new deadlines for the submission of extensions for Temporary Residency Permits, Provisional Permits, or Permanent Residence Permits and Domestic Workers’ Visa. Resolution No. 246 of January 3rd, 2024 (hereinafter referred to as the “Resolution”) grants a deadline until February 29th, 2024,

Alerta Laboral-Nuevas Tasas de Salario Mínimo-01

New minimum wage rates

Executive Decree No. 1 of January 10th, 2024 The President of the Republic has issued the new Minimum Wage Decree that becomes effective as of January 16th, 2024, considering that a consensus was not reached in the Minimum Wage Commission, and it is up to the Executive Branch to set the new applicable rates. It

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WSG Tax Guide: Navigating Tax Law Policies in Latin America.

Panama, January 5, 2024. The World Services Group (WSG) Tax Group has published Navigating Tax Law Policies in Latin America, a country-by-country Guide that provides detailed insights, updates and trends on important laws and policies throughout the region. The Guide focuses on four major areas of interest including: income taxes, trading taxes/rules, OECD/international tax rules

Alerta Laboral-Medidas a tener en cuenta ante nuevos brotes de COVID-19-IN-02

Actions to take into account due to new outcomes of COVID-19 cases.

Due to the increase in COVID-19 cases in our country, we want to remind you of the actions to take in case you have been exposed to the virus or if you are COVID-19 positive. According to Executive Decree No. 64, of November 30, 2023, the actions to follow are: *Day 0: for asymptomatic patients

Guide to Governmental Procurement in Latin America.

Panama, December 18, 2023. The Republic of Panama promotes the participation of foreign companies in its public procurement market and encourages competition to ensure efficiency and quality in the execution of projects and the provision of goods and services. The legal and regulatory framework for public procurement includes Law 22 of 2006 and its amendments,

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The Leading FinTech advisers worldwide

Nos complace comunicarles que Morgan & Morgan ha sido reconocido como Band 1 en la guía global de FinTech por Chambers and Partners 2024. Esta es la primera edición de esta guía en Panamá. Además, nuestros socios, Kharla Aizpurúa y Roberto Vidal, son destacados en la guía como abogados recomendados, ambos en la posición Band

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Morgan & Morgan is recognized as Pro Bono Leading Lights 2023.

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.

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Morgan & Morgan outstands in The Legal 500 Latin America 2024.

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.

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Leaders League Rankings 2024: Corporate/M&A, Corporate Tax

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

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The Ministry of Labor and Labor Development sets the cost for Work Permit ID cards

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.