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JD Supra Panama

- Publisher:
- JD Supra
- Publication date:
- 2019-04-29
Law Firm
- Dentons (26)
- Littler (4)
- MERITAS - Law Firms Worldwide (3)
- Sheppard Mullin Richter & Hampton LLP (2)
- Michael Volkov (1)
- K&L Gates LLP (1)
- Ballard Spahr LLP (1)
- Gerald Nowotny (1)
- Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (1)
- Carlton Fields (1)
- Robinson+Cole Data Privacy + Security Insider (1)
- International Lawyers Network (1)
- Eversheds Sutherland (US) LLP (1)
Latest documents
- Panama: Fast delivery or courier services
By means of Resolution No. 672 of October 16, 2020, the National Customs Authority granted a 3-month term to companies that act as auxiliaries of the customs public function under the modality of Fast Delivery Companies or Courier that have not formalized and/or updated their authorization to do so.
- Panama amends Decree that suspends evictions and implements provisions, for the collection of rental fees for the duration of the State of Emergency due to COVID-19
Through Executive Decree No. 314 of August 7, 2020, published in Official Gazette No. 29087, certain Articles of Executive Decree No. 145 of May 2, 2020, which adopted measures to protect tenants affected by the crisis generated by the COVID-19 pandemic, eviction procedures, sanctions and implementation of restrictions on use by landlords/owners, have been amended.
- Panama: Law that creates the special regime for the establishment and operation of multinational companies for the provision of services related to manufacturing
In the Official Gazette of September 1, 2020, Law 159 of August 31, 2020 (the “Law”) was published, which regulates the special regime for the establishment and operation of multinational companies for the provision of services related to manufacturing ("EMMA").
- Panama: Limitations to the reduction of working hours
Through Executive Decree No. 101 of July 13, 2020, effective as of July 14, 2020, as a result of a tripartite dialogue carried out between the Ministry of Labor of Panama, Trade Unions, and private companies, the Ministry of Labor has regulated that: The maximum limit to agree to reduce working hours will be 50% of working hours per month.
- Panama: Extension of the submission of declarations before the General Revenue Directorate
On May 27, 2020, Executive Decree No. 298 was approved, amending, and adding provisions to Executive Decree No. 251 of March 24, 2020, which adopted tax measures to alleviate the economic impact of the State of Emergency decreed in Panama as a result of COVID-19.
- Extension of submission of reports upon the General Revenue Directorate
By means of Resolution No. 201-2722 of May 20, 2020, (the "Resolution"), some articles of Resolution No. 201-2401 of March 30, 2020, were modified, through which the General Revenue Directorate (DGI by its acronym in Spanish) extended the term for the presentation of certain reports before said entity, due to the State of National Emergency decreed in Panama due to COVID-19.
- Panama: Gradual reopening of companies
According to Executive Decree No. 96 of May 15, 2020, the Ministry of Labor of Panama has ordered that, for the operation and gradual reactivation of companies and/or activities, the employer must complete the digital form on the reactivation of contracts, enabled by the Ministry of Labor on its website.
- Panama releases guide for companies and institutions regarding safe return to workplaces in times of COVID-19
The Ministry of Health, in conjunction with the Social Security Administration, Ministry of Commerce and Industries, Ministry of Economy and Finance, and the Pan American Health Organization, has prepared guidelines to facilitate compliance with health, hygiene and safety measures for companies and public or private institutions that are operating or could be authorized in the future by health authorities to initiate the process of return to workplaces in times of COVID-19 (the "Guide").
- Panama suspends evictions and the charge of leasing fees while the State of Emergency for COVID-19
Through Executive Decree No. 145 of May 2, 2020, published in Official Gazette No. 29015 of May 1, 2020, the Government of the Republic of Panama has adopted measures to protect tenants affected by the crisis generated the by COVID-19 pandemic, from eviction proceedings, penalties and implementation of usage restrictions by landlords/owners.
- Panama: Digital procedures in times of COVID-19
The General Directorate of the Industrial Property Registry (DIGERPI) authorized by Resolution No. 36 of April 30, 2020, the reception of new trademark applications and petitions for procedures for trademark applications already filed and registered by e-mail.
Featured documents
- Panama’s Paid Paternity Leave Law Takes Effect
Paternity leave is on the rise globally as cultural attitudes shift in favor of fathers taking a more active role in parenting. On May 24, 2017, the Republic of Panama became the latest member of a growing group of countries that require paid paternity leave....
- Panama – Amendment of income tax statement for the headquarters of multinational companies
The General Directorate of Revenue of the Ministry of Economy and Finance, confirmed that adjustments have been made to the form for the payment of the Income Tax (ISR) so that the Headquarters of Multinational Companies (SEM by its Spanish acronym) can proceed with the payment of this tax....
- Panama: Limitations to the reduction of working hours
Through Executive Decree No. 101 of July 13, 2020, effective as of July 14, 2020, as a result of a tripartite dialogue carried out between the Ministry of Labor of Panama, Trade Unions, and private companies, the Ministry of Labor has regulated that: The maximum limit to agree to reduce working...
- Panama: New Law Prohibiting Harassment, Racism and Sexism in the Workplace Mandates Full Compliance by May 16, 2018
On February 14, 2018, Law 7, which prohibits sexual harassment, mobbing (bullying), racism and discriminatory practices in all environments, including the workplace and academia, took effect....
- Panama – Increase in minimum hourly wage rates for 2020
By Executive Decree No. 424 of December 31, 2019, the Executive Branch approved the increase in minimum hourly wage rates, according to economic activity, occupation and company size, throughout the Panamanian national territory. The Executive Decree to be enforced in Panama as of January 15, 2020....
- Panama amends Decree that suspends evictions and implements provisions, for the collection of rental fees for the duration of the State of Emergency due to COVID-19
Through Executive Decree No. 314 of August 7, 2020, published in Official Gazette No. 29087, certain Articles of Executive Decree No. 145 of May 2, 2020, which adopted measures to protect tenants affected by the crisis generated by the COVID-19 pandemic, eviction procedures, sanctions and...
- Panamá: Nueva ley que prohíbe el acoso, el racismo y el sexismo en el lugar de trabajo será de absoluto cumplimiento a partir del 16 de mayo de 2018
El 14 de febrero de 2018 se aprobó la Ley 7 que prohíbe el acoso sexual, el hostigamiento, el racismo y las prácticas discriminatorias en todos los ámbitos, incluyendo el lugar de trabajo y las instituciones educativas. La Ley 7 también establece responsabilidades y penalidades por cualquier acto...
- Incentives for the promotion of tourism activity in Panama
The benefits established by Law No. 80 of 2012 seek to boost foreign investment in the tourism sector in Panama for......
- Panama: Law that creates the special regime for the establishment and operation of multinational companies for the provision of services related to manufacturing
In the Official Gazette of September 1, 2020, Law 159 of August 31, 2020 (the “Law”) was published, which regulates the special regime for the establishment and operation of multinational companies for the provision of services related to manufacturing ("EMMA")....
- LATIN AMERICA & THE CARIBBEAN: A Legal Guide for Business Investment and Expansion - Panama
1. What role does the government of Panama play in approving and regulating foreign direct investment? The government of Panama plays an important role in attracting foreign direct investment to the country. In addition to being responsible for approving commercial licenses (avisos de...