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LATAM - Panama
Panama

Last updated: Jul 23, 2024
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Country Description

Panama is in Central America, bordered by the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica. It has an upper middle-income economy and uses the US dollar alongside the balboa. Before COVID-19, it was classified as high income. Panama’s services sector dominates its economy. Its labor force is around 2 million people.

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Company Formation

Setting up a company abroad isn't easy. Our local legal, HR, and tax experts help you handle compliance and get your business up and running smoothly.

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Entity Management

Partnering with Globalli when expanding into South Africa can dramatically reduce the standard brick and mortar processes of doing business in foreign markets and allow you to focus on what you do best, growing your company!

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To discover more about how Globalli can simplify your ability to expand globally, please feel free to contact us.

Flexible Payroll Solutions

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Data Compliance

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