🇵🇦 SEDE DE EMPRESAS MULTINACIONALES (SEM)
Panama — Special Tax Regime
Status
Active
📋 DETAILS
Summary
Multinational headquarters regime allowing companies to establish regional headquarters in Panama with significant tax benefits on foreign-source income.
Eligibility
Multinational companies establishing regional headquarters or service centers in Panama serving operations in at least 2 other countries.
Benefits
Tax exemption on foreign-source income. Reduced immigration requirements for foreign staff. Import duty exemptions on office equipment.
Requirements
Must employ minimum 5 local staff. Must have a physical office in Panama. Must provide services to at least 2 other countries.
Limitations
Cannot provide services within Panama under SEM regime. Panama-source income remains taxable at standard rates.
Income Types Covered
Management fees, technical services, financial services, and other services rendered to related entities outside Panama.
Duration Details
Indefinite while qualifying conditions are met.
🏛 COUNTRY TAX CONTEXT
Tax System
Territorial
Top PIT Rate
25.0%
Corporate Tax
25.0%
ITBMS
7.0%
Capital Gains
10.0%
Treaty Count
18
📋 OTHER REGIMES IN PANAMA
| Name | Type | Rate |
|---|---|---|
| Free Trade Zones (Zona Libre de Colón) | Free zone | -- |
📚 SOURCE
PwC Worldwide Tax Summaries
View source →
🧭 CONTINUE EXPLORING SEDE DE EMPRESAS MULTINACIONALES (SEM)