Kery Cruz

16/06/2025

Panamá: New Categories of Legal Entities that Must Provide an Affidavit and Accounting Records by July 15, 2025.

The Decree has established three distinct categories of Panamanian legal entities, each with specific accounting requirements:

A. Panamanian Legal Entities
Must exclusively function as asset holding companies (within and/or outside Panama).
Beneficial owners (UBO) must be solely Panamanian citizens.
Required documentation: Annual sworn declaration confirming their asset-holding status, and Financial statements or a summary of financial position

B. Foreign Legal Entities
Dedicated to asset holding and/or income generation (within and/or outside Panama).
Must have at least one foreign citizen as an ultimate beneficial owner
Required documentation: Financial statements or a summary of financial position.

C. Non-Operating Legal Entities
Must have no commercial activities.
Must generate no income within or outside Panama.
Must hold no assets within or outside Panama.
Required documentation: Annual certification or affidavit of inactive status confirming inactive status

https://www.kerycruz.com/en/free-info/panama-legal-entities-accounting-records

07/03/2025

Relevant information about Panama Pensioner Visa Program
https://www.kerycruz.com/en/pensioner-visa

12/01/2024

Vendemos edificación al lado del Municipio de Panamá. 1200 metros cuadrados USD 2,000,000.00 Para más información escribir a [email protected]

Venta de Edificios en La Exposición : La propiedad consiste en una edificación conformada por un edificio principal y uno posterior ... : 2 Recamaras por 2000000.00 en venta

19/06/2023

"El Municipio de Chame, en la provincia de Panamá Oeste, comenzará a aplicar un nuevo impuesto del 10% en el arrendamiento para fines comerciales y habitacionales, el cual abarca además al sector turístico, basándose para ello en la ley 6 del 8 de octubre de 1973."

Para los ediles chameros la aplicación de un gravamen a esta actividad se impone considerando que ambas actividades están generando ingresos económicos a los arrendatarios y subarrendatarios.

21/02/2023

Panama New Properties Price Increase Verification Procedure

The law ensure that the increment is not arbitrary and the percentage increase notified by the developer in the unit's price does not exceed the percentage established in the promise of sale contract signed by the parties.

https://www.kerycruz.com/en/free-info/news

03/10/2022

FOR SALE

Venta de Apartamentos en San Francisco : Privé Tower es un edificio ubicado en la ciudad de Panamá, San Francisco. Se trata de una zona ... : 3 Recamaras por 275000.00 en venta

10/01/2022

know what you need to register the birth of Panamanians born abroad

https://www.kerycruz.com/en/news

31/10/2021

23/09/2021

If you live a nomadic lifestyle and use telecommunications technology to work remotely from different countries, Panama Remote Worker Visa will be an option to consider.

For more information visit: https://www.kerycruz.com/en/news/panama-digital-nomad-visas

10/09/2021

Obtain a permanent residence in Panama by investing USD 300,000 in real estate through a unique residence program processed in the Ministry of Commerce. The applicant is not required to be in Panamá. For more information, email us at [email protected]

https://www.kerycruz.com/en/practice-area/immigration/panama-qualified-foreign-investors-visa

30/08/2021

Learn how to process a Panamanian ID and Passport if you were born in the former Panama Canal Zone between 1904 and 1979.
https://www.kerycruz.com/en/news/panamanian-citizenship-for-zonians

26/07/2021

La resolución 14758 de 1 de Julio de 2021 establece que la solicitud de residencia provisional, o de residencia permanente podrá realizar con tres meses de anticipación a la fecha de vencimiento del carné. Aquellas solicitudes que se no se presenten dentro de los tres meses anteriores al vencimiento del carné y que sean presentadas seis meses después de la fecha en que se concedió el permiso, acarreará de oficio la cancelación del trámite, así como archivo y cierre del expediente respectivo.