Free Zones

Free Enterprise area with special incentives for investors.

Open new opportunities to a wide diversity of activities, with attractive tax incentives and greater labor flexibility than in the rest of the national territory. Additionally, the foreign companies established in Free Zones benefit from the excellent global connectivity provided by Panama’s multimodal logistics hub. Another important advantage is that they can be established anywhere in the country.

Download: Law 32 FZ

INCENTIVIZED ACTIVITIES

Manufacturing

Assembly

Logistics services

Higher education

Scientific research

High technology

Environmental services

Specialized center for rendering health services

Added value services

Airport and aviation services

TAX INCENTIVES

  • 100% income tax exemption for permitted activities.
  • 100% custom tax exemption.
  • 100% income tax exemption for developers for rental and sublet.

MIGRATORY INCENTIVES

  • Permanent resident permit as investor.
  • Temporary resident permit for the personnel, for the term of the contract.
  • Short stay visa as a businessman to carry out business in the Free Zones.

LABOR INCENTIVES

  • Rotation of workers in different production lines is allowed.
  • Fixed fees for overtime and work on weekly day of rest for employees (25% and 50% respectively).

established companies

jobs generated

accumulated investment

Special Investment Regimes

SUCCESS CASES

“Panama will undoubtedly continue to grow in the coming years. For its economic model to be sustainable in time, it will be necessary to continue working in training its domestic labor force and continue creating learning synergies with the foreign talent. This will be the key to success”

Alberto Alesi, Regional Director for the Caribbean and Central America
ManpowerGroup

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ADDRESS

Ricardo J. Alfaro Ave. Plaza Edison, 3rd floor
+507 560-0687
proinvexpanama@mici.gob.pa

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