Obtaining permits and licenses for construction in Panama is a cumbersome procedure that requires detailed knowledge of the laws that apply to the construction sector in the country and locally. Not having these permits can have dire consequences, from the
Public procurement offers investors a vast field of opportunities to expand their business and participate in projects with governmental entities. However, investors must have in-depth knowledge about the different types of contracts and how each contract can affect investment strategies.
When evaluating the various business options that can be developed, one of the most critical issues is analyzing the legal structure that will serve as the basis for the company. The legal structure will affect economic, tax and personnel assets
A company with the opportunity to participate in a public tender knows that this type of project can catapult its business to new heights, offering unprecedented opportunities to grow and commitment to the community. However, the path to preparing a
An energy revolution is brewing in Panama. When entrepreneurs look toward the untapped potential of renewable energy to power the future, they encounter a path intertwined with legal complexities, a testimony of the symbiotic relationship between the blooming renewable energy
A legal dispute can threaten the foundation of your company. As a leader, your next decision will guide you through this process to either succeed or derail your growth plans. Despite your broad experience in the business world, facing a
Those who follow the national and international macroeconomic landscape know that insurance and reinsurance law is one of the essential pillars for economic growth and perhaps one of the least talked about. For more than 10 years, Panamanian legislation has
In the intricate mosaic of public procurement and public-private partnerships (PPPs), administrative bonds emerge as a cornerstone, underpinning the structural integrity of project delivery and contractual liability. Administrative bonds in Panama are required by the Unified Text of Law 22
Recently, our legal system incorporated Law 419 of February 1, 2024, which regulates medicine and other products for human health and the public procurement of medicines. Other products for human health include health supplies, devices, medical equipment and cosmetic products.
Company owners, shareholders, and business administrators know how complex it is to chart a path to success in a public tender selection process in Panama. However, the promise of a stable contract and reliable payment makes public bids much more
