GALA contributes Panama chapter to the IBA’s global analysis of healthcare financing and reimbursement
The financing and reimbursement of healthcare services has become an increasingly significant topic worldwide, as health systems work to expand access, strengthen sustainability and respond to growing regulatory requirements. Against this backdrop, the IBA Healthcare & Life Sciences Law Committee released a comparative guide examining how different countries structure their financing and reimbursement frameworks. In […]
AIJA Americas Meeting, Panama City, 2023
On March 3rd, AIJA celebrated the AIJA Americas Meeting, in Panama City, 2023. Galindo, Arias & Lopez, sponsored and participated as members of the organizing committee of this event which received an important number of attendees from Panama and the region. The event covered topics of interest such as Nearshoring in the Americas and International […]
Galindo, Arias & López in The Legal 500 Latin America 2023
GALA is delighted to announce another successful year in the Legal 500 Latin America rankings, receiving high rankings in seven practice areas, and distinguished 14 of our professionals in the 2023 edition. This outstanding result reflects our increasing strength in depth and specialist expertise that we offer to clients across a range of disciplines. The […]
Changes in legislation | New accounting records requirements for panamanian corporations and foundations
The Republic of Panama approved Law No. 254 of November 11th, 2021, which introduces amendments to the rules on (1) exchange of tax information, (2) prevention of money laundering, (3) accounting records for legal entities, and (4) registration of beneficial owners of legal entities. Among the most relevant changes introduced by this regulation are the […]
Fines for Keeping Foreign Workers without Work Permits Increase
Recently, amendments to the Labor Code were made, through Law No. 237 of 2021. Such amends include (1) increasing the fines for employers who maintain foreign workers without work permits, (2) adding articles to Cabinet Decree 249, (3) provisions regarding the payment of the Occupational Safety, Health and Hygiene at Work Fund Fee, for construction […]
Panama Extends the Scope of Maternity Leave to Fathers
The maternity leave will apply to the minor’s father and grant him vacation time if the mother dies, according to Law 238 of 2021. Fathers in the public or private sector can apply to maternity leave, as disposed on the law, if: The mother-to-be lacks a formal job during pregnancy, in which case, the father […]
Peruvian Nationals can now apply for Visas for Friendly Countries
Recently, Executive Decree No. 226 of July 20, 2021, was issued, whereby the Republic of Peru was included in the list of eligible countries, within the immigration subcategory of “Friendly Countries”. In addition to the current reasons for applying, the purpose of requiring the residence may be demonstrated by opening a Fixed Term Deposit in […]
Conference: “Money Laundering and Terrorism Financing Prevention Duties for the Lawyer Sector.”
In collaboration with the Instituto de Estudio e Investigación Jurídica (INEJ), we recently carried out our annual training on Money Laundering Prevention. This year, Luis Miguel Reyna Alfaro joined us and gave the lecture: “Money Laundering and Terrorism Financing Prevention Duties for the Lawyer Sector.” Luis Miguel Reyna Alfaro works as a professor at the Instituto […]
CCPG | International Taxation Program
We are pleased to announce that Edgar Herrera, partner of the firm, has been invited to participate as part of the academic staff of the International Taxation Program of the College of Public Accountants of Guadalajara (CCPG); thanks to his outstanding professional career in Taxes. This course will be on-site and virtual, thus achieving a […]
Short-Stay Visa as remote worker
Executive Decree No. 198 of May 7, 2021, created the Short Stay Visa as Remote Worker, within the migratory category of non-resident, which will be valid for nine (9) months and may be extended only once for the same period. This visa applies to foreigners who comply with the following conditions: i) have a contract […]
