Manage and Protect your assets efficiently
Manage and protect your assets efficiently. The administration trust allows you to maintain control over your assets while delegating day-to-day management to experts. This frees up your time and reduces the administrative burden, ensuring that your investments and assets are handled professionally and focused on maximizing their value. Optimize the management of your assets; contact […]
¿Do you know what assets can be protected with a Trust?
In a Panamanian trust, you can include a variety of assets: real estate, bank accounts, stocks, and more. This versatility allows for a more personalized and strategic planning of your estate, tailored to your needs and long-term goals. Schedule a meeting at galatrust@gala.com.pa
Team building – 55th anniversary
As part of our marking the 55th anniversary of Galindo, Arias & López, we changed venues on Saturday, July 27th, to share as team GALA and strengthen the values that characterize who we are. We shared significant moments that strengthened our ties and reminded us of the importance of our commitment to integrity, loyalty, respect, […]
Galindo, Arias & López recognized in Chambers and Partners High Net Worth Guide 2024
Galindo, Arias & López is pleased to announce that its Private Wealth Law practice has been ranked Band 1 in the 2024 edition of Chambers High Net Worth. This prestigious guide recognizes leading lawyers and law firms that understand the complex needs of High Net Worth individuals and offers specialized advice on international private wealth matters. Our […]
The Supreme Court of Justice recognizes that it is not necessary to be a licensed attorney in Panama to represent parties in an arbitration
In the ruling of May 7, 2024, the Fourth Chamber of General Business of the Supreme Court of Justice dismissed a petition for the annulment of an arbitration award. The core argument of the petition was that one party was represented by foreign lawyers who were not admitted to practice law in Panama. The justices […]
Celebrating a quarter century as strategic allies in the growth and modernization of one of the leading airlines in the region: COPA Airlines
Galindo, Arias & López (GALA) proudly celebrates over 25 years of being Copa Airlines’ strategic ally in the transformation, renewal and expansion of its fleet. GALA continues to provide legal advice to COPA in the acquisition, financing, leasing and registration of its aircraft, acquired through diverse and innovative financing structures, both in the Panamanian and […]
The Supreme Court of Justice recognizes that banking information must be disclosed to competent authorities
In the ruling of February 29, 2024, the Third Chamber of Contentious-Administrative and Labor of the Supreme Court of Justice rejected the notion that the principle of confidentiality of banking information, as contemplated in Articles 110 and 111 of Decree Law 9 of 1998 (as amended), which regulates the banking regime, prohibits the Superintendency of […]
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 […]
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 […]
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 […]
