Panama offers incentive for industrial investment

A new bill in Panama, agreed between the government and the private sector, expands tax incentives granted to companies in the sector through the Certificate of Industrial Promotion.

The text was drafted after the government and the private sector reached consensus on how to define tax incentives to which companies in the sector are entitled. The project will be submitted to the Cabinet this month and will be discussed in the current legislative period.

Source: Newsroom Panama