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Panama × Finance & Treasury

Finance & Treasury in Panama

Funding, cash and working capital across countries. In Panama, that means local law, local regulators and local practice, handled by a qualified professional who practises there.

Who handles this work

On request

WONE Global can find the right Finance & Treasury professional in Panama for you.

No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.

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Panama at a glanceLatin America

Panama City · Tuesday 3 November

14:06

Local time

Currency
PAB
Working week
Monday – Friday
Dialling code
+507
Region
Latin America
Doing business in Panama →

Scope

What the service covers here

  1. 01Map funding and cash requirements
  2. 02Structure treasury and working-capital flows
  3. 03Review intercompany funding considerations
  4. 04Coordinate finance implementation across markets

Key questions

What we will work through with you

  • What needs to be decided before finance & treasury work starts?
  • Who is professionally responsible in each country?
  • Which other work, such as tax or employment, must happen at the same time?
  • What information and decisions are needed from the business?

If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.

WONE Global Partners in Panama

Professionals working here

No named lead for Finance & Treasury yet — these WONE Global professionals already work in Panama and can bring the right local colleague in.

Ebrahim Asvat K.Panamá · Panama

WONE Global Partner · Panama

Ebrahim Asvat K.

Managing Partner · Patton, Moreno & Asvat · Panamá

Ebrahim Asvat K. is a founding partner of Patton, Moreno & Asvat. His practice focuses on corporate law, asset and tax planning, mergers and acquisitions, and offshore business structures. He holds an LL.M. from Harvard…

What the guides say · Panama

What Finance & Treasury involves in Panama

The topics from the Panama guide that this work depends on.

Key facts

Essentials · source-checked

Corporate income tax
25% on Panama-source income
Tax system
Territorial: foreign-source income generally exempt
ITBMS (VAT)
7% general rate
Foreign ownership
Retail trade reserved to nationals and companies they own
Currency and exchange
US dollar legal tender; no exchange controls
Data protection
Law 81 of 2019; regulator ANTAI
New York Convention
Acceded in 1984; in force since 8 January 1985

The topics this work touches

  • Banking, Treasury & Payments

    Panama has no central bank and uses the US dollar as legal tender alongside the balboa, which is fixed at par. There are no exchange controls and profits can be repatriated freely.

    Read the essentials
  • Investment & Transactions

    Competition law is enforced by the Autoridad de Protección al Consumidor y Defensa de la Competencia (ACODECO), and merger notification is voluntary.

    Read the essentials

Our full guides are checked against official sources. Guides drafted with AI are marked as such. None of this is legal or tax advice.

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