• Legal Framework

    In-depth coverage of the local legal framework for business is an integral part of OBG’s analysis. Working in partnership with a leading local law firm, we review foreign investment laws, ownership restrictions, requirements for local partners and labour laws, among other topics.
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The most recent and relevant developments related to intellectual property (IP) in Panama have been the amendment of Law 35 of 1996 (Panama’s Industrial Property Law) through Law 61 of 2012, and the amendment of Law 15 of 1994 (Copyright Law) through Law 64 of 2012. These amendments have enabled Panama to update two laws that for many years were considered models for the...

To what extent can regulations be improved to further encourage private sector activity?

Chapter | Legal Framework from The Report: Panama 2015

Featuring an interview with Eduardo Morgan Jr, Principal Partner and Chairman of the Board at Morgan & Morgan, this chapter provides an overview of Panama’s legal framework, covering a range of topics from intellectual property rights to labour laws and investment incentives, among others.

Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance, Panama remains one of Latin America’s fastest growing economies, a trend set to continue in coming years with the IMF forecasting average annual growth of around 6.5% over the next five years.

Los esfuerzos de Panamá por combatir el lavado de dinero anotaron un avance clave en junio, con la aprobación de una ley que, espera, acelerará su salida de la lista gris del Grupo de Acción Financiera Internacional (GAFI).

Please don’t panic. And don’t judge the government by slower economic growth, the weakening rupiah and continuing corruption. Of course, those are reasons to be cautious, but it does not mean Indonesia should be written off. After all, Indonesia is still the largest country in the ASEAN, the fourth-most-populous nation in the world and...

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