Growth in Business Incorporations in Panama


News from Panama / Tuesday, April 11th, 2017

Grow Panama Grow!!

34 thousand new companies started operations in 2016, recording an 8% increase over 2015.

The sector in which the most Operating Notices were recorded is retail and tourism, which includes restaurants, bars, beauty salons and supermarkets, among others.

Anpanama.com reports that “…According to the statistics, from January 1 to March 22, 8,267 Operating Notices were issued with an invested capital of US $459 million, less than in 2016 when 8,923 were issued generating US $826 million.”

“… The platform ‘Panama Emprende’ added new tools in December last year to enable payments to be made online for the single rate and municipal taxes which can be used with a password system and a credit card.”