Speaking at AAPA Latino in Cartagena, Colombia, the Panama Canal Administrator Ricaurte Vásquez announced the Panama Canal Green Vessel Classification system, which will include a GHG Emissions Fee. These changes will build upon the Canal’s existing incentives for sustainable shipping lines, provided through its Green Connection Environmental Recognition Programme. This programme has evolved from the Green […]
This is the Panama chapter 2021 of the book International Succession Laws published by STEP & Bloomsbury Professional Panama Juan F. Pardini Fixed rights of inheritance Succession laws and rights of inheritance Succession and inheritance rights in Panama are regulated by the Civil Code, the Civil Procedure Code, Law No 21 of 2017 and Law No […]
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Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said. Speaking before the Parliament’s plenary ahead of the debate for the 2022 state budget on Thursday, Petrides said the […]
Panama has enacted Law 254, requiring international legal entities to provide their resident agent with accounting records annually. The Law adjusts existing legislation on anti-money laundering (AML) and aims to meet international standards on tax transparency. The Law is divided into three main areas, dealing with accounting records, due-diligence and registration of final beneficiaries. Resident […]
Contracts form a critical part of any commercial operation, allowing businesses to enter into agreements with the suppliers, customers and distributors that drive their operation. Commercial contracts can be complex and highly bespoke, covering a range of eventualities and containing a wide range of clauses designed to protect both parties in the event of breach. […]
If your desire is to grow the operational range of an international NGO, we recommend that this NGO establish a branch in Panama. The Latin American country has a privileged geographical position, from which it has greatly benefited in order to become the Logistics Hub of the Americas. Its strategic location by air, sea and […]
The Republic of Panama recently passed new regulations approving changes to the friendly country visa and reforestation programs as well as the introduction of the new Qualified Investor Visa. Here are the highlights. PANAMA QUALIFIED INVESTOR VISA By means of Executive Decree No. 722 of October 15, 2020, the government of the Republic of Panama created […]
Officials and experts plotting Canada’s economic recovery from the global pandemic are looking to current and future immigrants as a big part of the solution. That conclusion is perhaps inevitable, given the oversized role that immigrants already play in the country’s highly pluralistic society. Canada has one of the highest immigration rates of any country, […]
Real estate is the most popular investment option for 90% of investors but very few investors are aware that there are eight different investment options available for securing European residency under the Portugal Golden Visa program. After 10 years of grand success, the Portuguese government is set to change the investment amount for its Golden […]
Britain said on Friday it had received 6 million applications to its settlement scheme for European Union nationals before a June 30 deadline passed, including a surge of more than 400,000 in the last month. Britain said on Friday it had received 6 million applications to its settlement scheme for European Union nationals before a […]
Panama has to be right up there on your next destination list, since it has launched a new and innovative tourism strategy in the form of a Short Term Visa for Remote Workers. We offer a perfect balance by being affordable yet great for working hard due to our wide connectivity. Come to Panama and […]
