Panama: Plans to Expand Investment IncentivesThe initiative aims to expand the scope of the Law on Multinational Companies to provide the same benefits to industrial companies who export their entire production.Friday, March 4, 2016
In Panama discussion is taking place of a new law for Branches of Extended Multinational Enterprises (SEMA by its initials in Spanish), an extension of the law on Multinational Corporations known as SEM, in order to attract industrial companies with some similar benefits to those contained in the SEM. Source: anpanama.com ¿Busca soluciones de inteligencia comercial para su empresa?Panama: More Companies Under the SEM SystemJune 2016 At the close of the first semester 13 new licenses will have been approved giving foreign companies the ability to operate under the Site of Multinational Corporation regime. Panama: Incentives for Multinationals to be BroadenedAugust 2015 The government plans to extend the incentives of the law 41 other multinational companies not included in the original text, such as the manufacturing sector. Panama Continues to Attract Foreign InvestmentDecember 2014 The special tax regime for multinationals which have an established site in Panama remains the main factor, while the low supply of trained personnel has been identified as a serious problem. More Multinationals in PanamaOctober 2014 New licenses have been approved for five multinational companies in the finance, engineering and customs security sectors, who will operate under the incentive scheme of Act 41 of 2007.
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