Promoter of Free Zones in Panama

Free Zones are part of a special simplified global regime for the establishment and operation of companies that contribute to the development of the country and the creation of jobs, framed in the global goods and services economy.

The Free Zones in Panama are governed by Law 32 of 2011 and regulated by Executive Decree No. 62 of 2017, which establish a wide range of tax, royalty and tariff benefits; as well as special flexible immigration and labor regimes that encourage business activity.

The licenses granted by the Ministry of Commerce and Industries (MICI) to operate in the to Free  Zones are:

    1. License as Promoter and/or Free Zone Operator

    2. Operation License as a company established in the Free Zone