by mp-admin | May 12, 2023 | Uncategorized
Panama’s international banking center has exceeded $100 billion in deposits for the first time in its history, according to the latest report from the Superintendency of Banks of Panama (SBP). As of March 2023, bank deposits totaled $100.38 billion, up $1.95...
by mp-admin | Jun 30, 2022 | Uncategorized
Accounting Records deadline update. The deadline for sending a copy to the Resident Agent of the Accounting Records of companies and foundations has been extended. By resolution No. 201-2338 of Friday, April 1, 2022, the DGI (General Directorate of Revenue of Panama)...
by mp-admin | Jun 24, 2022 | Uncategorized
Law 254 of November, 2021 Changes on Accounting Records Requirements – On November 11, 2021, the Panama government enacted Law 254, which introduces adjustments in terms of fiscal transparency and prevention of money laundering. This law is divided into three...
by mp-admin | Nov 15, 2021 | Uncategorized
Law 254 of November, 2021, and the revisions made to the Panama System for the Registration of Final Beneficiaries On November 11, 2021, the government of Panama enacted Law 254, which introduced adjustments in fiscal transparency and the prevention of money...
by mp-admin | Nov 15, 2021 | Uncategorized
Law 254 and its updates regarding Due Diligence obligations on obligated subjects. – On November 11, 2021, the government of Panama enacted Law 254, which introduced adjustments in fiscal transparency and the prevention of money laundering. This law is divided...
