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The Republic of Panama is located in the center of the American Continent and lies between Costa Rica to the North and Columbia to the South. The Legal System is based on the Spanish Civil Law. However, the company law is based specifically on the Delaware legislation. There are no exchange controls and no currency restrictions. The national currency is U.S. Dollar and the official languages are both Spanish and English.
To discuss the particulars of your tax-planning requirements or to receive further information on an international jurisdiction please contact us [1] directly.
If you would like to compare this jurisdiction with the others, please go to the comparison table [2].