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Aviation Day – Central America 2018

As part of the celebration of Aviation Day, a meeting of aeronautical industry experts in Central America was held in Costa Rica, organized by the International Air Transport Association. At this event a panel was held on the topic “Successful…

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BVI – Economic Substance Requirements

The Economic Substance (Companies and Limited Partnership) Act, 2018 (“ESA”) was enacted in the British Virgin Islands (“BVI”) on December 28, 2018, and came into force on January 1, 2019. The ESA provisions apply to BVI Business Companies and Limited…

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BVI – Economic Substance Law

In order to assist you in complying with the Economic Substance Law (“ESA Act”), we confirm that we have already sent you a digital “link” by company, which will allow you to determine if your company is within or outside…

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BVI – Rules on the Economic Substance Law

Following the implementation of the Economic Substance Act 2018 (the “Act”), which came into force in January 2019, the BVI  International Tax Authority (ITA) published the Rules on Economic Substance in the Virgin Islands (“Rules”), which replace the draft version of the…

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COVID19: GALA’s Business Continuity

In compliance with the recommendations issued by the Government of the Republic of Panama in response to the COVID-19 virus, Galindo, Arias and Lopez has adopted various internal measures including Telecommuting (working from home) by all of our attorneys and…

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Electricity Sector Legal Day

Recently, an Electricity Sector Legal Day was held in commemoration of the 20 years of Law 6 of 1997, that regulates the Public Electricity Service organized by the Energy and Telecommunications Commission of the Panamanian National Bar Association. GALA was…

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