Unique Economic Site

To ensure the viability and success of businesses locating to Panama Pacifico, the government designated the area a special economic zone. As a result, select types of Panama Pacifico businesses enjoy these tax exemptions under Tax Law 41: 

• No import duties
• No income tax or sales tax for specific business activities
• No dividend tax
• No withholding tax on interest income
• No capital, patents or license tax
• No real estate property tax
• No municipal tax on import, storage, transformation and export of merchandise
• No withholding tax on royalties paid to foreigners
• No capital gains tax
• No stamp tax
• No Special Interests Compensation Fund, if the loan is for foreign operations financing
  
  

Panamanian Site Comparison

The strength of Panama Pacifico as a business location is evident when the comparing the numerous advantages found here compared to other business areas within Panama. This comparison is outlined below and may also be downloaded as a separate document in the area to the right.

	Panama Pacifico	Panama City	Colón Free Zone	Export Processing Zones	City of Knowledge
Strategically located on the Panama Canal	YES	YES	YES	YES	YES
Free trade zone status	YES	NO	YES	YES	YES
Corporate tax benefits	YES	NO	Limited	Limited	Limited
Designed to minimize traffic	YES	NO	NO	NO	NO
Free onsite parking	YES	NO	YES	YES	YES
Project-wide private security	YES	NO	NO	NO	NO
Onsite government agency to provide one-stop location for business processes	YES	NO	NO	NO	NO
Onsite homes, shops, schools	YES	NO	NO	NO	YES
Parks and open space	YES	Limited	NO	NO	YES
Onsite hotels	YES	YES	NO	NO	YES
Onsite private executive airport	YES	NO	NO	NO	NO
Solid existing infrastructure	YES	YES	NO	NO	YES
Immigration assistance	YES	NO	NO	NO	NO
Special labor laws	YES	NO	YES	YES	YES

Tax and Labor Incentives

For a side-by-side comparison of tax, labor, customs, and immigration benefits between Panama Pacifico and other areas in Panama, please download this comparison pdf.