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Panama has one of the strongest and stable economies of Central America. According to the World Bank, Panama ranks as the second-fastest growing economy in the Caribbean and Latin America with a forecasted growth of 3.7% in 2020. This consistent growth supports increasing business confidence in establishing a company in Panama.
If your business is related to import and export goods, Panama is the country you’re looking for to start expanding. Panama supports a number of special economic zones that offer wide-ranging benefits to companies operating within them.
The most important special economic zones in Panama are the following:
Colon Free Zone
Panama Pacifico
City of Knowledge.
Choosing the right special economic zone in Panama for your business needs depends on the location where you want to trade goods from, and/or your principal business activity.
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