News

CONSUMERS MAY PAY CASH TO RIDESHARING COMPANIES

January, 2020

Recently, the Supreme Court of Justice of the Republic of Panama issued a ruling in which it declared void for illegal the prohibition of the payment in cash for the transport services offered through ridesharing companies. This prohibition had been established in 2017 through Executive Decree 331,...

Read more

ANTICIPATED DECLARATION IN EL SALVADOR

January, 2020

El Salvador along with Guatemala will implement on January 23 of this year, the Anticipated Declaration of Goods. This is the first system of Anticipated declaration that is implemented in Central America and it is expected that in the short term it will be integrated with the other countries of the...

Read more

NON-OPERATIVE COMPANIES IN COSTA RICA

January, 2020

In 2020, entities incorporated in the country having no income of Costa Rican source must register before the Tax Authorities and submit a yearly equity statement to the Tax Authorities.Regulation number DGT-075-2019, published in The Gazzete on December 20, 2019, establishes the obligation to regis...

Read more

PANAMA INCREASES NATIONAL MINIMUM WAGE

December, 2019

Today December 31st, the Panamanian Government set the new Minimum Wage, which will take effect beginning on Wednesday, January 15, 2020.This represents an increase of 3.3% (average) resulting in US$ 3.38, US$ 3.58 and US$ 4.67 per hour for the more costly activities. Thus, the top minimum wage...

Read more
123

Contact

Let's keep in touch!

Leave us a message if you have any questions or require our services.