20,638 New Companies in Panama

Most of the companies that were registered through the Panamá Emprende system are in the services and retail sectors.

Monday, June 29, 2009

During the last 12 months, 67.7% of the new companies were established in the capitol, 10.6% in Chiriqui, and 21.6% were from throughout the rest of the provinces.

Mary Tiny Zea writes in her article in Prensa.com: “Using the website www.panamaemprende.gob.pa, people can open their business in just a few minutes, electronically, “without waiting in line or having additional procedures or costs.”

More on this topic

Doing Business in China Now Easier

May 2013

71 steps for the establishment of foreign companies in the Asian nation have been eliminated, while another 20 have been delegated to the central government.

The State Council (government) of China has announced that it will simplify administrative procedures, among which is the reduction of paperwork for foreign businessmen to set up their companies in the country.

Creation of Businesses in Panama Increases by 21%

April 2013

Streamlined by the "Panama Emprende" platform, requests for new companies increased 21.2% in the first quarter of 2013 compared to the same period in 2012.

Figures from the state run website "Panama Emprende", revealed that during the first quarter of 2012 the site recorded 7396 notices of start of operations, 404 less than the same period in 2011.

Trade Growth in Panama

August 2012

As a result of the economic dynamism, there is a constant arrival or creation of companies offering products and services to the Panamanian market.

La Chorrera, Arraiján, San Miguelito and Panama City are the areas where announcement of start of operations are being made, the basic procedure for starting a business.

Guatemala: Company Registration Down 13%

January 2010

28.220 new companies were registered in 2009, 13.4% less than in 2008.

Just 362 companies were registered at the Public Commerce Registry in December 2009, the lowest monthly figure in the year, the average being 2.500.

"Despite the drop in creation of new companies, the number of closures was lower. 3.082 companies were closed in 2009, less than the 3.307 closed in 2008", reported Elperiodico.com.gt.

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