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Practical guides, tax updates, accounting topics, finance, and legal explanations for businesses in Panama.

closing a business in panama

Corporation Dissolution vs. RUC Cancellation in Panama: A Guide to Properly Closing a Business

Learn the difference between dissolving a company and canceling or inactivating the RUC in Panama, the risks of not doing it correctly, and the steps to close a business before the Public Registry and the DGI ...

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Ley de Sustancia Económica

Economic Substance Law

Panama maintains its territoriality principle. Law 526 of 2026 introduces a narrow exception: certain entities in multinational groups that earn foreign-source passive income must demonstrate economic substance in Panama to preserve their exemption. ...

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Law 25 of 1995 Private Interest Foundations

Private Interest Foundation in Panama: What It Is and How to Protect Your Family Wealth

Most families build their wealth over decades and spend very little time deciding what will happen to it. When the owner dies, the assets are frozen in a probate proceeding that ...

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