News & Events

Obligation of Keeping Accounting Records for Companies that do not Perform Operations in Panama

December 5th, 2018

Law No. 52 of 2016 has been regulated by Executive Decree No. 258 of September 13th, 2018. The scope of the law had been clearly established by this regulation, which states that legal persons who do not perform acts of commerce in Panama, must keep their Accounting Records and submit them to the General Directorate […]

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Horizontal Property and the Amendments to the Real Property Tax

October 2nd, 2018

The owners of real property which are subject to the Horizontal Property Regime are under the obligation of paying taxes both in respect to their real estate unit and the land on which the same is built. Law 66 of October 17th, 2017 published by means of Official Gazette No. 28388-C. Exemptions and rates in […]

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Icaza, González-Ruiz & Alemán Recognized in LACCA Approved 2018

November 13th, 2017

The Latin American Corporate Counsel Association (LACCA) recently published its list of recommended lawyers in “Lacca Approved 2018”: Latin America’s leading private practitioners as voted for by the region’s leading corporate counsel. We are pleased to announce that two of our lawyers have been recognized: Dr. Alexis Herrera Jr – Corporate / M & A […]

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New Immigration Requirements for Venezuelan Nationals

October 19th, 2017

The Panamanian Government recently included the Bolivarian Republic of Venezuela in the list of countries whose nationals require a stamped visa by a Consul in order to enter the national territory. This new legislation entered into force on October 1st of this year, as set forth by Executive Decree No.  473 of August 23rd of […]

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Icaza, González-Ruiz & Alemán ranked in Chambers & Partners Latin America 2018

September 29th, 2017

The guide Chambers & Partners Latin America 2018 has, once again, highlighted Icaza, González-Ruiz & Alemán by ranking us in 8 practice areas for the Panama chapter and recommending 9 of our attorneys as leaders in their fields. The areas of practice in which the firm was ranked are: Banking and Finance (Gabriel González-Ruiz) Capital […]

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Financing of complex projects in Central America: Miami round table

September 25th, 2017

Recently, Icaza, González-Ruiz & Alemán organized a Round Table in Miami in conjunction with The Legal 500 and Lexincorp, our Multilaw alliance colleagues. The conference brought together representatives of important law firms in Miami to discuss legal issues regarding the transnational financing of complex projects. Partners Alexis V. Herrera Jr., Luis Chalhoub M., and Associate […]

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An analysis of the legal framework for entrepreneurs in Panama

September 25th, 2017

Did you know that 20% of the Panamanian population are entrepreneurs? Our country, with almost 4 million residents and a dynamic market with large companies, concentrates its largest number of entrepreneurs in Panama City and Colon, according to a study performed in 2015 by the Global Entrepreneurship Monitor (GEM). The term entrepreneur may be defined […]

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The Spin-Off as a Corporate and Tax Planning Tool

September 7th, 2017

Five years after having enacted Law 85 of November 22nd 2012, which supplements the concept of spin-off of corporations to the Code of Commerce of Panama, still not many know the appeals that it has as a legal tool. Let us begin with a definition. What is a spin-off? A spin-off consists in the partial or whole […]

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We participated in the 2017 INTERPOL International Law Enforcement IP Crime Conference

August 31st, 2017

On August 28 and 29, industry experts gathered at the United Nations Headquarters in New York City, USA to participate in the 2017 International Law Enforcement Intellectual Property Crime Conference and our Division of Trademark Protection attended the event in representation of the firm. The Conference is recognized as the law enforcement “gold standard” for promoting […]

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Novel incentives for maritime financing operations in Panama

August 14th, 2017

In the centenary year since the foundation of the Merchant Marine of the Republic of Panama, a creative and modern piece of legislation has been recently enacted with the intention to launch our country as a regional center for the financing of the maritime industry. We refer to Law N°50 of June 28th, 2017 (hereinafter […]

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  • Joel Medina