What benefits will your company enjoy within the zone? 

Panama Teleport Smart Business City & Free Zone is specially oriented toward the support of small and medium size companies that desire to participate in the global market

The benefits your company will enjoy include:

• Full tax exemption: 100% free of income tax, property tax, export tax, sales tax, tax on capital assets, tax on profits obtained from sales of stocks, bonds, and other securities issued, tax on offshore operations, tax on profits from securities, dividents, and interests earned, and tax on income from international maritime commerce of legally registered Panamanian merchant vessels (even when the transportation contracts are executed in Panama).
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• Use of the U.S. Dollar as legal currency. Operations with any other currency is also possible.
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• Free circulation of all foreign capital without registration or controls: No monetary controls, restriction or taxes on capital transfers. No controls on capital and profit repatriation.
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• No duties or restrictions over time deposits and savings accounts, nor over interests accrued. The secrecy of all legal banking transactions is protected by law.
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• Free enterprise, free market, and private property system. Special immigration status. Simplified and rapid procedures established for government transactions.
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• Access to an International Banking Center: 125 banks from worldwide provide a complete range of banking and financial services. In addition, the availability of telematic facilities at Panama Teleport will enable the zone the become an important pathway for international banking transactions.
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• High Standard of Life: Panama city is the third city in Latin America with the best standard of life. Excellent health care, education and hospitality services are available. Besides,other sporting facilities like fishing, scuba diving, yatching and other entertainments are also available.
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• Immediate access to both maritime and aerial international routes.
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• Business Support Services: labor relations & legal assistance, licence application, business contact with local investors and banks, marketing services, and others.

HOME | INTRODUCTION | OBJECTIVES | ADVANTAGES &BENEFITS | INVESTMENT &OPPORTUNITIES | ORGANIZATION | DESIGN | CONTACT US

Dr. Ricardo Muñoz Tejeira
President
Panama Teleport Corp.
(A member of World Teleport Association)
P.O. Box 6 - 2197, El Dorado
Panama, Rep. of Panama
Tel: (507) 220-9448   Fax: (507) 220 - 1793
E - Mail: info@panamateleport.com