Last Tuesday, January 10, a batch of 75,600 doses of Pfizer’s Bivalent vaccine against COVID was received in Panama.
Category Archives: Corporate
Electronic Documents and Signatures Regulations in Panama
Law 51 of 2008, as amended by Law 82 of 2012 (the “Law”) establishes the regulatory framework for the creation, use and storage of electronic documents and the electronic certification of signatures in Panama.
Law 337 of 2022
The Government of Panama enacted Law 337 of 2022 (the “Law”), for the purpose of increasing the collection of taxes and duties.
New amendments on British Virgin Islands (BVI) Corporations
In August 2022, the authorities of the British Virgin Islands (BVI) published the new amendments made to the Business Companies Act (BCA) and its regulations.
Personal Data Protection
Our Political Constitution, aligned with international patterns, served as the basis for the enactment of Law 81 of March 26, 2019, regulated by Executive Decree 285 of May 28, 2021, which together constitute the general legal framework for the protection of Personal Data in Panama, setting the
minimum standards that must be met to comply in the processing of Personal Data and establishing the
applicable sanctions in case of non-compliance of the rules.
Single Tax Payer Registry Update (RUC)
Single Tax Payer Registry Update (RUC)Pursuant to Resolution No. 201-4393 of June 21, 2022, the Directorate General of Income (DGI) establishes the Tax Obligation for all legal entities to update the Single Tax Payer Registry (RUC, in Spanish). Pursuant to Resolution No. 201-4984 of July 12, 2022, the DGI establishes the procedure for registration of legalContinue reading “Single Tax Payer Registry Update (RUC)”