Panama: A Global Business Center
Panama is a Strategic Business Platform that companies can use to expand their operations and make their products and services known to the more than 400 million users in Latin America and the rest of the world through Panama and all its benefits.
Panama offers many incentives and competitive benefits to achieve different objectives such as the introduction to larger markets and reach consumers directly and indirectly. In addition, it is a platform that connects you to the world’s trade through a significant number of maritime and air routes, which makes Panama the #1 country in the region when it comes to connectivity.
In both the logistics and the manufacturing sector, there are many tax and export incentives for companies that establish their operations in one of the Free Trade Zones currently operating in the country.
But, what makes Panama so attractive to the eyes of those with investment desires?
By sea, Panama is the #1 country in connectivity in the entire region because of its more than 144 maritime routes to more than 160 countries, the ideal territory for global trade.
Important fact: The Panama Canal Authority reported that in this fiscal year it delivered a record 450 million tons of cargo, which reported annual revenues of US$3.365 billion, the highest figure since its inauguration.
By air, it is the country with the greatest air connectivity in Latin America. It has 132,000 direct flights per year, to 90 different destinations in 35 countries, receiving more than 15 million passengers each year.
Did you know that Panama is a telecommunications leader thanks to the 7 world fiber optic cables that pass through its Isthmus?
In the logistics and industrial sector, it has free trade zones, attractive and convenient tax advantages, and incentives in manufacturing and export activities. Very attractive permanent benefits for investors and workers of the more than 178 multinationals which are currently operating in the country with class +A corporate offices.
The country also counts with an extremely competitive legal framework which allows the carrying out of all kind of commercial activities, such as the well-known Law 41 of 2007, which promotes the establishment of regional headquarters of Multinationals in the Republic of Panama.
Panama is also considered a top Financial Center in Latin America as many of the most important banks of the region have established operations in the country, due to its strong and stable economy backed by the US Dollar.
Quijano & Associates, pioneers in the provision of legal services in the Republic of Panama, with more than 60 years of experience; and Grupo Tribaldos, a Panamanian company leader in the real estate industry, with more than 20 years of experience in the real estate market, join forces to offer a unique experience when it comes to the greatest customer service under the highest quality standards.
Contact us today, it will be a pleasure to assist you: quijano@quijano.com
