Free Zone
The Colon Free Zone has a great importance in the world commerce. The fact of being Foreign-trade Zone provides the enterprisers the tranquility of keeping stores with inventories without having to pay taxes to the Government until the merchandise does not trespass the limits of the Free Zone toward any destination of the Panamanian territory.
The exportations that are made do not pay export taxes. In this zone there are banks and insurance companies very competitive for all of those businessmen that wish to acquire banking and service products something that makes easy the financial movement of the businesses of this area.
Traditionally Medina & Asociados has counseled in labor, administrative, fiscal and civil matters to firms that have been established in the Colon Free Zone, which has given it excellent national as well as international references.
