The former Howard Air Face Base has been converted into a special economic area called Panama Pacifico. It is located near the entrance to the Panama Canal on the Pacific Ocean side, just over the Bridge of the Americas from Panama City.
Panama Pacifico is a 1,400 hectare (almost 3,500 acres) business park that combines office space, warehouse facilities and residential housing. This is a multi-decade project that currently includes schools, a gas station, restaurants, and a large lifestyle gym. When the project is fully complete, it will resemble a small city, with everything you need to live, work and play within one area.
The benefits of being located within Panama Pacifico include the following tax exemptions, good for 10 years:
Sounds good, huh. To qualify as a tax-exempt business, your business needs to be involved in one of these industries:
To see if your company qualifies, contact me and let’s arrange for a tour. I can introduce you to the people at Panama Pacifico who can help register your company and get the approvals necessary.
Panama Pacifico is a 1,400 hectare (almost 3,500 acres) business park that combines office space, warehouse facilities and residential housing. This is a multi-decade project that currently includes schools, a gas station, restaurants, and a large lifestyle gym. When the project is fully complete, it will resemble a small city, with everything you need to live, work and play within one area.
The benefits of being located within Panama Pacifico include the following tax exemptions, good for 10 years:
- Income taxes
- Import duties
- Stamp tax
- Real estate taxes
- Remittance tax
- International calling tax
- Dividend taxes
Sounds good, huh. To qualify as a tax-exempt business, your business needs to be involved in one of these industries:
- Offshore services
- Call center
- Multimodal & logistics services
- Back office services
- Data & digital transmission
- High tech manufacturing & assembly
- Maritime services
- Aviation services
To see if your company qualifies, contact me and let’s arrange for a tour. I can introduce you to the people at Panama Pacifico who can help register your company and get the approvals necessary.
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