Free enterprise areas, with special incentives for investors.

They open new opportunities to a wide diversity of activities, with attractive tax incentives and greater labor flexibility than in the rest of the national territory. In addition, foreign companies established in Free Zones benefit from the excellent global connectivity provided by Panama’s multimodal logistics hub. Another important advantage is that they can be established anywhere in the country. Law 32 Free Zone Regime.

INCENTIVATED ACTIVITIES

• Manufacture
• Assembling
• Logistic services
• Higher education
• Scientific investigation
• High technology
• Environmental services
• Specialized center for the provision of health services
• Value added services
• Aviation and airport services

TAX INCENTIVES

• 100% exemption from income tax on permitted activities.
• 100% exemption from customs taxes.
• 100% developer income tax exemption for leasing and subleasing.

MIGRATORY INCENTIVES

• Permanent resident permit as investor.
• Temporary resident permit for staff, for the term of the contract.
• Short-stay visa as a merchant to conduct business in Free Zones.

WORK INCENTIVES

• The rotation of workers in different work lines is allowed.
• Fixed rates for overtime and work on rest days for employees (25% and 50% respectively).

19 Free Zones | 114 Established Companies | 4,000 Jobs Generated | +900 Million Accumulated Investment

Contact us for more information about properties within Free Trade Zones regimes or commercial properties and land near Free Trade Zones and the country’s logistics platform.