Free Trade Zones
The Free Trade Zones(FTZ) are part of an integrated and simplified system that promotes the establishment and operation of companies that contribute to the country's development, job creation, the inclusion into the global economy of goods and services through the promotion of investment opportunities, and the economic, scientific, technological, cultural, educational and social growth.
Currently, there are 11 active free zones and 5 in development, concentrated mostly in Panamá and Colon cities.
The Free Trade Zones in Panama are governed pursuant Law 32 of 2011. These zones offering a set of tax benefits, migratory and labor incentives that makes more attractive the establishment of this special area within the national territory, mainly addressed to foreign trade activities.