Panama: Car Rental Shops at Airports

In David, Howard, Colon and Rio Hato the minimum monthly fee for renting spaces to sell duty free clothing, jewelry, and prepared meals will be $30 per square meter and 10% of the gross sales from the premises.

Tuesday, March 3, 2015

Tocumen SA has revealed that in the case of premises dedicated to selling crafts and antiques the price will be $20 per square meter, as indicated by the decision of 24 October 2014, published in the official newspaper La Gaceta.

For companies that are set up in public areas within airports, such as car rental agencies and passenger services, the monthly cost per square foot is $30 and $50, respectively.

The companies dedicated to renting cars must, in addition to the fee, pay 15% of the gross sales per month.

Read here the resolution with details of fees for all commercial activities.

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