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Law No.99 of 11th October 2019 provides exemptions of penalties, interest or fines generated for non-payment of annual franchise tax to the government. Natural or juridical persons (companies/foundations) have until 28th February 2020 to settle taxes without paying said penalties, interest or fines. Take advantage of this and bring your companies into goodstanding with the Panamanian government. I can assist you to apply for said exemptions at DGI. Contact me at email@example.com or by text mesage to whatsapp (+507) 6738-6253.
On March 14th, 2018, in a matter of minutes, the public announcement regarding the closing down of the law firm, which played a leading role in the well-known "Panama Papers", is being published worldwide. The law firm Mossack Fonseca & Co., Bufete MF & Co. or Grupo Mossack & Fonseca has closed its activities on the 30th of April, 2018, in all of its branch offices around the world, including its head quarter in Panama City. In Panama, the "offshore" incorporation and financial business sector is an important pillar for the national economy, and sustains almost 50% of the service s