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




Logistics services

Higher education

Scientific research

High technology

Environmental services

Specialized center for rendering health services

Added value services

Airport and aviation services


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


  • 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.


  • 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


“In Panama, we have almost 80 years of operation, from the factory of Natá, later on the factory Los Santos, and finally the international management of our businesses for Central America based in Panama. An economy that grows strongly, economic stability, a policy in the country that benefits the business, impeccable logistics through the Panama Canal and an international logistics center of international trade are the main reasons why we are here”

Leo Leiman, President and CEO
Nestlé Central America

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