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 12 active free zones concentrated mostly in Panamá and Colon cities.
The Free Trade Zones in Panama are protected Law 32 of 2011 and regulated under Executive Decree No. 62 of 2017. 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.
Free Zones Registered in Panama
There are a total of 12 Free Zones currently active with 120 registered companies, mainly operating in Zona Franca Corozal – Marpesca, S.A. (33), Panapark (28) and Zona Franca de Albrook (17). Most of the companies installed in Free Zones are engaged in services activities with a concentration in the cities of Panama and Colon.
|#||Free Zone||Total Companies||Status|
|1||Zona Franca Marpesca/Corozal (Procesadora Marpesca. S.A)||33||Activa|
|2||Zona Franca Panapark (Consoricio Industrial de Las Américas, S.A. – COINLA)||28||Activa|
|3||Zona Franca de Albrook (Zona Procesadora de Exportación Albrook, S.A.)||17||Activa|
|4||Zona Franca PANEXPORT (Inmobiliaria SUCASA S.A.)||16||Activa|
|5||Zona Franca de Las Américas (Mi Morocho S.A)||6||Activa|
|6||Zona Franca de Chilibre (Expert Diesel, S.A.)||5||Activa|
|7||Zona Franca Colon Maritime Investor (Colón Maritime Investor, S.A.)||4||Activa|
|8||Zona Franca Estatal de Davis (Unidad Administrativa de Bienes Revertidos||3||Activa|
|9||Zona Franca del Istmo (Zona Franca del Istmo S.A.)||3||Activa|
|10||Zona Franca Isla Margarita||3||Activa|
|11||Zona Franca Eurofusión (Eurofusión, S.A.)||1||Activa|
|12||Zona Franca Las Cabras||1||Activa|
Last Update: February, 2023 – Free Zone National Directorate