Panama: crossroad of the Americas

A leading offshore hub for the world’s businesses

Why Panama?

During the last decade Panama has emerged as one of the leading countries to do business in Central America. It has built a robust economy based on the US dollar, a stable government, and is enhancing its global and regional prominence through trade liberalisation and privatisation. Panama’s government is also participating actively in the movement towards free trade agreements.

Thanks to the Panama Canal, this country is one of the world’s most important trading bases. Historically, Panama has served as the crossroads of trade for the Americas. It’s not only a maritime and air transport hub, but also an international trading, banking and services centre.

Panama’s modern banking facilities have led to more than 80 national and international banks operating in the country – not surprising considering this is a leading offshore hub for the world’s businesses.

Our core areas of expertise

Entering a market presents significant challenges and risks. TMF Group has the local experience and knowledge to help you with this process. TMF Group has a solid core of local experts in Panama assisting local and international clients, providing financial, legal, HR and payroll services across the country. We can get you set up, provide a single point of contact and take care of those non-core elements that keep your business moving.

Our full range of services include:

  • Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Corporate Secretarial services: We can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries.
  • Governance services: We help you stay compliant, manage your risk and stay on the right side of regulators and filling requirement for CRS, FATCA, KYC and BEPS related regulations.
  • HR and Payroll services: We help you to hire the right people, apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.

*Availability of our global portfolio is country dependent.

 

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

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