Tourism Law 80

Tourism Law 80

Investing in tourism opens great success opportunities in Panama.

For the purpose of promoting tourism in all of the national territory, Panama offers interesting incentives to foreign investors who develop activities related to the hospitality sector. The activities that benefit are regulated mainly by Law No. 80 of November, 2012 that defines the incentives that foreign investment receives, as well as other complementary laws.

INCENTIVIZED ACTIVITIES

Conventions

Exhibitions

Meeting

Seminars

Artistic events

Sport events

Travel

Cruise ship ports

Marinas and docks

TAX INCENTIVES FOR TOURISM

Tax exemption on goods and income.

Fosters investment in hospitality services outside of the Panama City district.

Special Investment Regimes

SUCCESS CASES

“Panama’s tax conditions, including the use of the US dollar and the Multinational Companies Headquarters Law, together with its excellent connectivity, greater personal safety and the generalized use of English, we knew Panama was an ideal place”

Ricardo Herrero, Financial Director, Latin America and the Caribbean
DAMCO

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ADDRESS

Ricardo J. Alfaro Ave. Plaza Edison, 3rd floor
+507 560-0687
proinvexpanama@mici.gob.pa

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