Ten years have elapsed since the enactment of Law 41 of 2007, whereby the Special System for the establishment and operation of Multinational Corporations Headquarters (SEM) was created in Panama. As of that date, 134 licenses have been issued for SEM companies in Panama,...

During the last months the reader surely has come across diverse and perhaps incompatible information on the legal framework regarding the creation of corporations and private interest foundations. In such a context, it is not surprising to see a variety of questions arise....

Recently, the Superior Labor Court of Panama, by ruling in second instance (appeal) on the labor complaint for unjustified dismissal filed against a Colon Free Zone company, declared fully justified the dismissal of an employee who had repeated unjustified tardiness and,...