Panama: More Companies in the SEM Regime

Six new foreign companies will be establishing their regional headquarters in the country, under the conditions of the Multinational Company Headquarters regime in Panama.

Monday, December 11, 2017

From a statement issued by the Ministry of Trade and Industry:

MICI 11-12-2017.  Confirming once again the competitive advantages offered by the Panamanian isthmus as the great connection of the Americas to the world, six new companies will be establishing their regional headquarters in Panama, with a direct investment -only in its first year of operation under the SEM regime. - of more than four million dollars and the creation of some 200 jobs. 

The new SEMs are the consortia: Athens PVT Limited (owner of department stores Alis), Elite Flower Group (producers and marketers of flowers, plants and fruits) Grünenthal Pharma GmbH & Co. Kommanditgesellschaft (marketing and distribution of pharmaceutical products), Svitzer (world leader in towing services for ports and terminals - an independent company of the Maersk group ), Ernst & Young (audit, tax, consulting and advisory services) and Grupo Roble (Multi Plaza Mall)

Read full release (in Spanish).

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