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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)…

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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…

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Galindo, Arias Y López is proud to represent América Móvil on the sale of its subsidiary in Panamá: Claro Panamá

GALA is proud to represent América Móvil on the sale of Claro Panamá to Cable & Wireless Panama, an affiliate of Liberty Latin America. Attorneys…

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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…

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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…

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GALA received recognition from The American Bar Association

GALINDO, ARIAS & LÓPEZ has recently received recognition from "The American Bar Association Rule of Law Initiative (ABA ROLI)" for participating in its Internship Program…

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Personal Data Protection Regulation in Panama

After a long wait, Panama recently regulated the Personal Data Protection Law (Law 81 of 2019). By way of Executive Decree 285 of 2021, Panama…

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GALA contributed to the ICLG – Aviation Finance & Leasing 2021 (Panama Chapter)

The International Comparative Legal Guides (ICLG) recently published Aviation Finance & Leasing 2021 (Second Edition), which offers readers a practical cross-border insight into aviation finance…

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EMMA Regime | Special Regime for the Establishment and Operation of Multinational Companies for the Provision of Services Related to Manufacturing

On September 1, 2020, Law No. 159, which creates a special regime for the establishment and operation of multinational companies whose main focus is the…

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GALA advised Copa on the sale of 14 aircraft

GALA advised Copa Holdings on both the contractual and regulatory aspects of a sale to Alliance, an Australian economic group, of 14 EMB-190 aircraft, together…

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Public Bid in Panama | Personal and Commercial Checkbooks (Banco Nacional de Panama)

PERSONAL AND COMMERCIAL CHECKBOOKS PRINTING SERVICES FOR CLIENTS OF THE NATIONAL BANK OF PANAMA (BANCO NACIONAL DE PANAMA), FOR BRANCHES LOCATED IN THE METROPOLITAN AREA,…

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Public Bid in Panama | Sewage System

OPERATION, MAINTENANCE AND INFRASTRUCTURE IMPROVEMENTS OF THE SEWAGE SYSTEM, COLLECTORS AND INTERCEPTORS, SANITARY PUMPING SYSTEM AND WASTEWATER TREATMENT SYSTEM IN PANAMA AND SAN MIGUELITO. Contracting…

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GALA advised on the sale of phase one of the Penonome wind farm project located in Panama

Galindo, Arias y Lopez advised Goldwind International Holdings (HK) Limited and Goldwind International Penonome, S.a.r.l. in the sale to AES Panama, S.R.L. of their equity…

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Permit for the care of chronically ill children

Law No. 147 of April 15, 2020,  which grants an exclusive license for the care of children or adolescents with leukemia, cancer, or degenerative disease…

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The National Immigration Service extends deadlines in view of the COVID-19

In order to continue mitigating the risk of possible COVID-19 infections and in response to the instructions given by the Ministry of Health, the National…

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Measures Taken by the Panamanian Supreme Court as a Result of COVID-19

Pursuant to the formal declaration of the Covid-19 pandemic and its impact on the Republic of Panama, via Orders No. 146 of March 13, 2020…

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Procedural Measures Taken by the National Authority of Public Services (ASEP) as a Result of COVID-19

Via Cabinet Resolution No. 11 of March 13, 2020, the Cabinet Council declared a State of National Emergency as a result of the effects caused…

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Final Beneficiary Registry

Recently, Panama’s legislative branch enacted Law 129 of March 17th, 2020 (the “Law 129”), which creates a “Private and Centralized Registry System for Final Beneficiaries…

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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…

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PANAMA REGULATES TELEWORKING

Law No. 126 of February 18, 2020, which establishes and regulates teleworking (also referred to as telecommuting) in the Republic of Panama, was published on…

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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”…

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GALA advised Cable Onda on a US$600 Million Global Notes Offering

Galindo, Arias & López acted as Panamanian counsel to Cable Onda S.A., a Panamanian corporation which is the leading provider of residential Pay-TV, fixed broadband…

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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…

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GALA advised Millicom in the acquisition of Telefónica Móviles Panamá

Galindo, Arias & López advised Millicom, throughits subsidiary Cable Onda, S.A., in the acquisition of 100% of the shares of Telefónica Móviles Panamá, S.A., as…

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GALA leading firm in Latin America

Full results in the following link: http://www.legal500.com/firms

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International Recognition – Chambers & Partners Latin America 2020

Please click here to see full results: https://chambers.com/law-firm/galindo-arias-lopez

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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…

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New Immigration Reforms

Executive Decree No. 249 of June 10, 2019 establishes the procedure and requirements for opting for Permanent Residency, applicable to foreigners who have obtained the…

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GALA joins gender parity initiative

We are proud to be one of the first companies in Panama to join the Gender Parity Initiative, a public-private partnership that seeks to close…

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GALA strengthens its professional team

At Galindo, Arias & López, we are proud to strengthen our team of lawyers with the addition Mariam Dadabhai Bhiku as an Associate in the…

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