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Further timeline extension for certain operators in Panama

13 February 2023
Panama

As per Decree No. 3, the following operations and services shall implement SFEP as listed below: Public transportation services to foreign customers by land, air, or sea means; and public transportation to national customers by air means – starting March 2023; General operations and services performed by banks and other financial institutions: first phase – 30 April 2023, second phase – 30 June 2023, and third phase – 31 August 2023; Operations performed by the stock exchange (“Bolsa de valores”), operations performed by the insurance sector, and other operations performed by financial institutions – starting 31 August 2023; All companies performing operations in Free Zones (“Zonas...