Law 62 of October 5, 2012. By which provisions are adopted to allow implementation of certain commitments under the Trade Promotion Treaty between the Republic of Panama and the United States of America. Amendments are introduced to specific articles of other laws to suit them all to the commitment system in the said treaty with

It introduces new terms such as active/adventure, scientific, cultural/ethnic, cruise, sun and beach, business, sports fishing, nautical, rural, agro tourism and multiple use establishments. Main tax exemptions based on activity: Boarding establishments and constructions outside the district of Panama. Applies to new constructions with a minimum investment of $250,000; new constructions in tribal areas with

For five centuries, Panama has been an important route for world trade and transportation. Today, the railway, airports, roads, oil pipeline, fiber optics communication cables, international techno-parks, ports and the Panama Canal make up a key infrastructure that independently, while complementing each other, are part of the unrivalled geographic position offered by the Isthmus. We