{"id":21481,"date":"2017-11-07T14:18:18","date_gmt":"2017-11-07T19:18:18","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=21481"},"modified":"2017-11-07T14:18:18","modified_gmt":"2017-11-07T19:18:18","slug":"central-america-country-best-business","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/central-america-country-best-business\/","title":{"rendered":"Central America: Which country is best to do business in?"},"content":{"rendered":"<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2017\/11\/panama-flag.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-21482\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2017\/11\/panama-flag.jpg\" alt=\"\" width=\"800\" height=\"453\" srcset=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2017\/11\/panama-flag.jpg 800w, https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2017\/11\/panama-flag-300x170.jpg 300w, https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2017\/11\/panama-flag-768x435.jpg 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>Find out in which country of the region it is easiest to obtain a construction permit, where the least taxes are paid, where a creditor is more likely to recover a debt, and where minority investors are most protected.<\/p>\n<p>The World Bank has presented its Doing Business 2018 report, which measures regulations that favor or restrict business activities.\u00a0<a href=\"https:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22cost+of+doing+business%22\">Doing Business<\/a> is made up of quantitative indicators measuring business regulations and the protection of private property rights that are comparable in 190 economies over time.<\/p>\n<p>What is the situation in Central America?<\/p>\n<p><strong>Costa Rica<\/strong>: \u00a0 Although it registered a slight improvement in the general index, rising from position 62 to 61, in the category &#8220;Starting a Business&#8221;, it is located in position 127 of the general ranking.\u00a0To set up a company, 9 procedures must be carried out and an average of 23 days must be allocated for the process.\u00a0In the categories &#8220;Obtaining credit&#8221; and &#8220;Obtaining electricity&#8221; the country achieved a better rating than its Central American counterparts, but in the category &#8220;Compliance with contracts&#8221;, the results are not positive.\u00a0\u00a0According to the study, resolving a dispute takes 852 days, from the moment the plaintiff decides to file a lawsuit with the court until the time of payment.\u00a0See: &#8220;<a href=\"http:\/\/espanol.doingbusiness.org\/data\/exploreeconomies\/costa-rica#starting-a-business\">Costa Rica in the Doing Business 2018 Report<\/a>&#8221; (In Spanish)<\/p>\n<p><strong>Panama<\/strong>: In the general ranking it was placed at position 79, falling nine places with respect to the Doing Business 2017 report.\u00a0Despite the fall, in the category &#8220;Starting a business&#8221;, the country is located in position 39, above the other Central American countries.\u00a0In Panama, 5 procedures must be undertaken to register a company, in just 6 days, well above the Latin American average of 32 days.<br \/>\nPanama obtained better results in the categories &#8220;Obtaining credit&#8221; and &#8220;Obtaining electricity&#8221;, but in the case of &#8220;Tax Payment&#8221;, the results are not so positive.\u00a0\u00a0An employer must make 52 tax payments per year, and allocate 417 hours to performing this task.\u00a0\u00a0See: &#8220;<a href=\"http:\/\/espanol.doingbusiness.org\/data\/exploreeconomies\/panama#starting-a-business\">Panama in the Doing Business 2018 Report<\/a>.&#8221; (In Spanish)<\/p>\n<p>Read <a href=\"https:\/\/www.centralamericadata.com\/es\/article\/main\/Centroamrica_En_qu_pas_es_ms_fcil_hacer_negocios\">full article<\/a>\u00a0(in Spanish).<\/p>\n\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f16536-o1\" lang=\"\" dir=\"ltr\" data-wpcf7-id=\"16536\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/blog\/wp-json\/wp\/v2\/posts\/21481#wpcf7-f16536-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<fieldset class=\"hidden-fields-container\"><input type=\"hidden\" name=\"_wpcf7\" value=\"16536\" \/><input type=\"hidden\" name=\"_wpcf7_version\" value=\"6.1.6\" \/><input type=\"hidden\" name=\"_wpcf7_locale\" value=\"\" \/><input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f16536-o1\" \/><input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/><input type=\"hidden\" 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aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Find out in which country of the region it is easiest to obtain a construction permit, where the<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-21481","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Central 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