The Municipal Council of Boquete, in Chiriquí province, approved Agreement 28 on October 19, 2026, published in Official Gazette No. 30646 of October 30, 2026. The measure, submitted by the Boquete Mayor's Office, amends the third and fourth articles of Agreement 17 of August 14, 2025, which regulates building, rebuilding, occupancy permit and earthmoving fees in the district.

The second article of Agreement 28 changes the rate applicable to buildings, rebuilds, infrastructure and projects of the State, or assigned by the State, carried out by private companies through public tender: they go from paying 3% to 1% of the total value of the work. The same provision adds that projects assigned by ministerial resolution under states of emergency will not pay construction tax, a rule that will apply when they come to pay at the Treasury, regardless of when the project was approved.

The first article adjusts the Agreement 17 table accordingly: the line for State and decentralization projects falls from 3% to 1%, while the other categories remain, such as 2% for commercial projects and for roads and bridges, 3% for urban development projects and 5% for treatment plants and special projects. The tax, according to the same article, must be paid in full before the work begins.

The recitals cite the development of infrastructure assigned by the Central Government in the district and the municipality's interest in attracting more works. For contractors bidding on public projects in Boquete, the cut reduces a cost paid in advance; for the municipality, it could mean lower revenue per project in exchange for easing the arrival of State investment. The emergency exemption would benefit works the Executive assigns under that regime within the district.

Under its fourth article, the agreement takes effect upon approval, and the third article keeps the rest of Agreement 17 in force. The rule does not define which documents will prove that a project was assigned by an emergency ministerial resolution. Nexo Capital will follow its application at the Boquete Municipal Treasury.

Research assisted by Sentinel, with editorial verification of official sources. Discover Legislat.ai