Professional Services & Technology

Can Panama be a digital hub without digital talent?

Can Panama be a digital hub without digital talent?

In short: Panama has seven submarine cables, with TAM-1 landing in 2026, sixteen data centres and 192 multinationals under the SEM regime. What it does not have, according to employers themselves, is people: 65% of companies say they cannot find the talent they need, according to ManpowerGroup 2026, and the "People" pillar is the country's weakest in the Network Readiness Index, 86th of 133. The Technological University graduates about 670 systems engineers a year, 16% of 15-year-olds reach the basic level in PISA mathematics and the SENACYT budget fell 25% in 2026. The question is whether a country can be…
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Qualified investor in Panama: new amounts, routes and timelines under the September decree

Qualified investor in Panama: new amounts, routes and timelines under the September decree

In short: since 16 September 2026 Executive Decree 17 has been in force, replacing Decree 722 of 2020 and setting the new thresholds for the qualified investor permit: 300,000 dollars in a new property or a purchase promise, 500,000 in a resale property, in Panama Stock Exchange securities or in a deposit with state banks, and 750,000 in a fixed-term deposit with private banks. It remains immediate permanent residency, with a 30-day resolution and the obligation to keep the investment for five years. Between July 2025 and June 2026 the State issued 268 certificates worth 113.6 million dollars, 87% of…
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What GEO and AEO are and why they matter in Panama

What GEO and AEO are and why they matter in Panama

In short: GEO (Generative Engine Optimization) is the work of getting ChatGPT, Gemini, Perplexity, Copilot or Google's AI summaries to mention and cite a company when someone asks about its sector. AEO (Answer Engine Optimization) is the part of that work focused on answering specific questions directly. Neither replaces classic SEO: they extend it. In Panama they matter more than in other markets because categories are small, many queries arrive in English from outside the country, and an AI answer that names three companies leaves out the rest of the sector. What GEO and AEO mean TermWhat it stands forWhat…
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How to search the Public Registry of Panama online: companies, properties and mortgages

How to search the Public Registry of Panama online: companies, properties and mortgages

In short: the Public Registry of Panama is the body where the country's companies, foundations, properties and mortgages are recorded. Its portal lets anyone check for free, from anywhere, who owns a property, who the directors of a company are, or whether a property carries a mortgage. Official certificates are requested online, take 24 to 48 hours and are valid for 30 days. It is the first check anyone should make before buying property or contracting with a Panamanian company. What is recorded in the Public Registry SectionWhat it contains MercantileCorporations, limited liability companies, foreign companies, private interest foundations: directors,…
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Digital procedures in Panama: Panamá Digital, electronic signature and what can already be done online

Digital procedures in Panama: Panamá Digital, electronic signature and what can already be done online

In short: Panama has moved a good part of its procedures online. Panamá Digital is the single portal where citizens register with their ID and access services from more than sixteen institutions; the qualified electronic signature, issued by the Public Registry, has the same legal validity as a handwritten one; and electronic invoicing is mandatory for almost all taxpayers. Police records, DGI tax clearance, Public Registry certificates and Immigration appointments are now obtained online without visiting an office. Panamá Digital: the single window Panamá Digital, run by the National Authority for Government Innovation (AIG), centralises State procedures on one site.…
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Residency in Panama by investment: the three routes compared

Residency in Panama by investment: the three routes compared

In short: Panama offers three main residency routes for anyone arriving with capital or income of their own. Qualified Investor grants permanent residency in about 30 days with a minimum investment of 300,000 dollars in first-sale real estate (500,000 on the secondary market) or 500,000 in securities or deposits, under Executive Decree 17 of September 2026, which replaced Decree 722 of 2020. Friendly Nations grants two-year temporary residency, convertible to permanent, to nationals of a list of countries with a real estate investment of 200,000 dollars, an equivalent deposit or an employment contract. Pensionado grants permanent residency to anyone who…
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How to set up an offshore company in Panama: requirements, steps and obligations

In short: an offshore company in Panama is a corporation incorporated under Law 32 of 1927 that operates outside the country and, under the territoriality principle of the Tax Code, pays no tax in Panama on its foreign-source income. Setting it up requires three directors, a lawyer as resident agent and registration at the Public Registry. Since 2020 it also carries transparency obligations: a beneficial ownership registry, annual delivery of accounting records and, since 2026, economic substance rules. Panama left the FATF grey list in 2023 and is working to leave the European Union's tax list between late 2026 and…
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Private interest foundation or trust in Panama: differences and which one fits

Private interest foundation or trust in Panama: differences and which one fits

In short: the main difference between a private interest foundation and a trust in Panama is who controls the assets: in a foundation a foundation council acts under its regulations and there is no owner, while in a trust a regulated trustee manages the assets and charges for every movement. According to Legal Solutions Panamá (in its guide, in Spanish, on the differences between a trust and a private interest foundation), the foundation is used for asset protection and succession, and the trust for large estates with management instructions. The Panamanian private interest foundation is a legal entity with no…
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Factoring in Panama: interview with Kathia Rivera and Celideth Gudiño on setting up a factoring company

Factoring in Panama: interview with Kathia Rivera and Celideth Gudiño on setting up a factoring company

In short: Panama has no specific factoring law, but it does have the pieces that make it viable: the assignment of receivables as the "backbone" of the transaction, the electronic invoicing law that recognises the invoice as a negotiable instrument, and a Superintendency that supervises, rather than regulates, the sector's companies on money laundering. That is how Kathia Rivera, president and founder of Legal Solutions Panamá, and Celideth Gudiño, financial services partner, explain it in a conversation recorded at the firm's offices in Panama City. Setting up a factoring company takes about seven days for the corporation, a month for…
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Kathia Rivera answers: incorporating a company in Panama as a foreigner, without travelling and in a week

Kathia Rivera answers: incorporating a company in Panama as a foreigner, without travelling and in a week

In short: Panamanian law imposes no nationality or residency limits on incorporating a company, and neither directors nor shareholders have to travel. That is the answer given by Kathia Rivera Morales, founder and president of Legal Solutions Panamá, in a video on her channel where she answers the most frequent questions from people who want to set up a company in the country. Incorporation takes around a week with valid passports and two forms; the resident agent is the lawyer who registers the articles of incorporation and acts as the link between the shareholders and the State; the share capital…
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Electronic invoicing in Panama: who is required, how the SFEP works and how to choose a PAC

Electronic invoicing in Panama: who is required, how the SFEP works and how to choose a PAC

In short: in Panama electronic invoicing has been mandatory for every new taxpayer since 2022, for government suppliers since 2023 and for independent professionals since 2024, and since 1 January 2026 the free invoicing tool of the Directorate General of Revenue may only be used by those invoicing up to 36,000 balboas a year and issuing at most 100 documents a month; everyone else must contract a Qualified Authorisation Provider (PAC). Each invoice is issued in XML format, validated before being delivered to the customer, receives a Unique Electronic Invoice Code (CUFE) and is represented in a readable receipt called…
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Panama as a digital hub: submarine cables, data centres and what it means for a technology company

Panama as a digital hub: submarine cables, data centres and what it means for a technology company

In short: Panama is the point where the submarine internet cables linking North and South America, and the Caribbean with the Pacific, cross. Seven systems run through its waters today, TAM-1 arrived in 2026 with a capacity of 650 terabits per second, the Cabinet Council awarded two new 20-year concessions and Google announced in August 2026 the Americas Connect project, with the Alisios cable linking the Dominican Republic, Panama and Chile. On that network rest 14 data centres, the Multinational Headquarters regime, Ciudad del Saber and the Tocumen air hub. Radar Panamá explains what the country has, what it lacks…
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