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Colón Free Zone to Invest $250 Million in Expansion and Modernization

The Colón Free Zone (CFZ), the largest free trade zone in the Americas, has announced a $250 million investment to support a major expansion and modernization project aimed at strengthening Panama’s …

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Panama to Scrap e-Tax System and Overhaul Tax Agency After $40M Fraud

Panama’s Ministry of Economy and Finance (MEF) has announced a comprehensive technological overhaul that includes replacing the e-Tax platform with a more robust digital system. The decision follows t…

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Panama Secures $60M World Bank Deal to Overhaul Land Registry

Panama’s Ministry of Economy and Finance (MEF) and the World Bank have finalized a $60 million loan agreement aimed at fundamentally transforming how the country manages land records and property ti…

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Spanish Group Cox Secures $350 Million Wind Power Deal in Panama

Cox, the Spain-based water and energy infrastructure group, has landed a major contract in Panama’s clean energy market. The company won a public tender organized by the State Power Transmission Com…

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Panama Banks: Assets and Deposits Grow in H1 2026, but Higher Provisions Cap Profit Growth

The first half of 2026 ended with positive growth in business volume for institutions within Panama’s International Banking Center (IBC). The financial system recorded expansion across assets, deposit…

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Legal Articles

 

New Panama Economic Substance Rules for Foreign Passive Income

Panama Adopts New Economic Substance Rules for Certain Foreign-Source Passive Income: What Does This Imply for International Structures?   The National Assembly of Panama has approved new l…

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Foreign Royalties: The new incidence of IBS and CBS on im...

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