Registration of New Companies Keep Falling


News from Panama / Tuesday, June 18th, 2019

In Panama, during the first four months of 2019, 4,314 corporations were registered in the country, 8% less than those reported in the first quarter of 2018.

The latest report of the General Comptroller of the Republic details that between the first quarter of last year and the same period of 2019, the number of corporations registered in the country went from 4,692 to 4,314.

Regarding dissolved corporations, a decrease was also reported for the periods concerned, from 2,693 in 2018 to 2,138 in 2019, equivalent to a reduction of 21%.

In the case of merged corporations also recorded a decline, in this area was 34%, down from 140 in the first quarter of 2018 to 93 in the same period this year.

See full statistics.

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