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Legislation · Markets · Investment

Inversión y Comercio

Atracción de inversión, nearshoring, zonas francas y régimen comercial.

Inversión y Comercio

Assembly reviews extension of tax benefits for Ciudad del Saber through 2027

Bill 639, submitted by the Ministry of the Presidency, requests a favorable opinion from the National Assembly to sign an addendum to the original 1998 contract with the Ciudad del Saber Foundation, extending its special tax regime from February 13, 2023 to December 31, 2027.

Inversión y Comercio

Assembly advances bill to protect homebuyers: mandatory 10% bond and 10-year construction warranty

Representative Jhonathan Edir Vega of Circuit 4-5 and nine co-sponsors introduced Bill 554 in February 2026 — a sweeping reform of the horizontal property regime in response to complaints about abandoned construction sites in residential condominium developments. The bill complements Law 284 of 2022 and establishes an aggravated, joint, and strict liability regime.

Inversión y Comercio

Bill seeks to ban charges for reusable bags in Panamanian businesses

Bill 638, submitted by legislator Marcos Castillero Barahona and adopted by the Commerce and Economic Affairs Committee, proposes that commercial establishments provide reusable bags or environmentally friendly alternatives without passing any cost on to the consumer, directly or indirectly.

Inversión y Comercio

Executive vetoes sports tourism bill and returns Bill 331 to the Assembly

Bill 331, which would have created the regulatory framework for sports tourism in Panama with PANDEPORTE and ATP as implementing agencies, was returned to the Legislature via Note 210-2026-AL after objections regarding institutional competencies, the proposed National Fund, and municipal autonomy.

Inversión y Comercio

Law 32 of 2011: the unified free-trade zone regime and its successive reforms

Law 32 of 2011 brought Panama's special, comprehensive, and simplified regime for the creation and operation of free-trade zones under a single legal body, repealing Law 25 of 1992 and its implementing decree. Since then it has been regulated three times by the Ministry of Commerce and Industries, amended by laws on airports, property tax, and tax administration, and remains the backdrop for proposed legislation seeking to create parallel special regimes.

Inversión y Comercio

National Assembly demands minimum requirements for the board of directors of the Panamá-Pacífico Special Economic Area

Legislator Alexandra Brenes Samaniego, of circuit 8-2, is leading a reform of Law 41 of July 20, 2004 that seeks to professionalize the leadership of the Panamá-Pacífico Special Economic Area. The bill, approved in First Reading on April 21, 2026 with six votes in favor and none against in the Commerce and Economic Affairs Committee, is pending Second Reading.

Inversión y Comercio

Bill would require bonds and preventive detention of foreign cargo trucks in collisions

Legislator Lilia Batista Rodríguez submitted on April 21, 2026 a preliminary bill that establishes minimum insurance coverage, joint liability of the driver, owner, and company, and preventive detention of the vehicle until 125% of the estimated amount of the damages is posted.

Inversión y Comercio

MICI reorganizes investment promotion: PROPANAMÁ is established under Executive Decree 6 of 2026

Executive Decree 6 of April 13, 2026, published in Official Gazette 30502-A, implements Law 497 of November 13, 2025 and defines the operational structure of PROPANAMÁ, the new office attached to the Office of the Minister of Commerce and Industry responsible for attracting foreign direct investment and promoting Panamanian exports.

Inversión y Comercio

Bocas del Toro promotes multimodal economic zone in Almirante with 20 legislators behind the project

Twenty legislators from the Caribbean and Atlantic caucuses presented Bill 217 in January 2025 to turn the strategic district of Almirante into a Multimodal Economic Area. The proposal creates an autonomous entity, establishes a special fiscal and customs regime and places the Changuinola airport and the banana-tourism port of Almirante at the heart of the logistics model.

Inversión y Comercio

Supreme Court Confirms ACODECO's Sanctioning Power Without Parallel Proceedings

In a ruling dated July 5, 2022, the Third Chamber of the Supreme Court declared legal an ACODECO resolution that sanctioned a business entity in the automotive sector with a fine of two thousand balboas for violating Law 45 of 2007, establishing that no parallel investigative process is required to impose a sanction once a consumer violation has been proven.

Inversión y Comercio

Panama enacts international tax-reporting rules for multinational groups

The Ministry of Economy and Finance has formalized the regulatory framework for the Country-by-Country Report (CbCR) in line with the OECD BEPS Action 13 standard, effective May 27, 2019, with the first filing obligation applying to fiscal year 2018.