Companies

In short: Changing the resident agent of a Panama company is possible: the company approves a new agent, who must be a licensed lawyer or a law firm, the previous agent resigns before the Public Registry, and the new one is registered through a public deed with a statement of compliance. The resignation is registered at no cost. Beyond 90 calendar days without an agent, the Registry suspends corporate rights. Contents of this guide What the law says How the change is made If the agent resigns How to check the agent Who can be an agent Myths and facts…

In short: A power of attorney in Panama is the mandate that one person grants before a notary so that another can act on their behalf, and it can be general or special. From abroad it is signed before a local notary or a Panamanian consul and arrives apostilled or authenticated. Panama has been party to the Hague Apostille Convention since 4 August 1991. The Civil Code sets no general term: a power lasts until it is revoked or ends. Contents of this guide What it is and before whom it is granted Types of power How it is granted…

In short: The certificate of existence and good standing in Panama is the company certificate the Public Registry issues to confirm that a company is registered and in force, and it can be requested online or at the Vía España office. The official form offers five types, from Standard to History. How recent it must be is set by whoever asks for it: AMPYME and MICI, for example, ask for no more than three months. To use it abroad it is apostilled, and a company with an unpaid single annual fee does not get the ordinary certificate. Last verified: 26…

In short: an air conditioning maintenance contract should state in writing which equipment it covers, which tasks are done and how often, what report is delivered and what happens when a unit fails. The US Department of Energy's operations and maintenance guide (DOE) distinguishes four contract types: full coverage, labor only, preventive and inspection. The ASHRAE 180 standard asks for an equipment inventory and a plan with tasks, responsible parties and records. According to the same guide, studies estimate that preventive maintenance saves between 12% and 18% compared with waiting for equipment to fail. Contents of this guide The four…

In short: when the air conditioning in an office or store stops cooling, there are six safe checks a facility manager can make in the first minutes: thermostat, breaker, filter, ice on the unit, condensate drain and outdoor condenser. If there is ice, the unit is switched off immediately. Refrigerant and electrical connections are a technician's job, and the EPA requires certification for anyone handling refrigerant. When equipment fails often, preventive maintenance is what fixes the problem. Contents of this guide Six safe checks Symptoms and common causes What not to do After the emergency Frequently asked questions Sources Note:…

In short: in Panama the employee contributes 9.75% of salary to the Social Security Fund and the employer 13.25% since April 2025, a rate that will rise to 14.25% in March 2027 and 15.25% in March 2029 under Law 462 of 2025. Added to that are the education insurance, 1.25% from the employee and 1.5% from the employer, and occupational risks, paid only by the company. The reform did not change the retirement age, 57 for women and 62 for men, nor the 240 contributions needed for a pension, but it created a system of individual accounts with a solidarity…

In short: JETOUR is the SUV brand that the Chinese group Chery created in 2018. According to its own press releases, it sold 622,590 vehicles in 2025, 9.5% more than the previous year, and operates in more than 100 countries with over 2,000 sales and service points; Business Review credits it with more than 2.5 million cumulative customers as of August 2026. It assembles the T2 in Malaysia and Pakistan and has industrial projects in South Africa and Egypt. For anyone buying in Panama, that scale does not guarantee good service by itself, but it lowers the risk of the…

In short: JETOUR is a Chinese SUV brand from the Chery group that is sold and backed in Panama by Petromotors, the official distributor, which also represents SOUEAST. Its local range comprises six models: the urban X50 and Dashing, the seven-seat X70 FL, the adventure-minded T1 and T2 and the G700 off-roader, an 892 hp plug-in hybrid. The warranty published by the distributor is 7 years or 200,000 km for the vehicle and 8 years or 150,000 km for the hybrid battery. The network has five showrooms, four in the metropolitan area and one in David. At the Panama Motor…

In short: Néstor Romero, researcher and chief operating officer of Centria Group, gave a series of master classes in June in the Master of Business Administration at Quality Leadership University (QLU) in Panama City. The subject was generative engine optimization (GEO) and how it differs from traditional SEO: in a search engine companies compete for a position in a list, in AI they compete for a place inside a single answer. Romero asked the future executives to keep one question in mind: when artificial intelligence talks about their sector, what will it say about their company. What was taught The…

In short: a team of researchers linked to institutions in Panama, Spain, Nicaragua and the United States, led by Néstor Romero, chief operating officer of Centria Group, has completed a scoping review on how brand presence in generative AI answers is measured. The study, under peer review at a Central American scientific journal, concludes that no scientifically validated instrument yet exists to measure that presence, that available metrics fall into seven overlapping families with no common framework, and that Spanish-language literature on the subject is almost invisible to international circuits. The team's next step is to build and validate a…