Attorneys tax law and tax in Panama

We provide tax strategies to domestic and international clients in the field of legislative provisions on financial and business transactions in Panama

What is the tax law and tax?

The tax law and tax is the branch of law that is responsible for regulating the relationship between the treasury and the taxpayers. Defines the tax obligations and establishes procedures for compliance, ensuring the fair contribution to the public treasury.

In Panama, this right is oriented to to ensure a taxation equitable and efficient, promoting transparency and compliance with tax regulations.

All businesses and individuals in the country should pay tax services to the panamanian government for his business operations, and this is controlled by means of the tax law and tax.

Importance of the tax law in Panama

The tax law in Panama is key to the economic development, as it sets the framework for the collection of revenues that pay for public services. In addition, it promotes equity and efficiency in the tax system, ensuring that all sectors contribute in a fair manner.

Its importance also lies in the attraction of foreign investmentoffering a tax environment clear and stable, which maintains the country's competitiveness at the international level and promotes sustainable growth by means of entrepreneurs, national and international.

We provide advice on tax law and tax in Panama

The attorneys of the Brig, we are committed to provide legal solutions of quality in the field of tax law in Panama.

To make this possible, our experts have extensive experience and training in the rigorous tax rules, and thanks to this you we provide comprehensive advice and legal solutions to local and foreign everything related to compliance with fiscal rules of the country.

Each attorney at law attorney Brig will advise you about the implications on the business, financial transactions and business operations that are executed in Panama.

On the basis of ethics and transparency, we will help you with the tax planning, audits, defense in litigation or any other matter relating to the tax law in Panama.

Our services as attorneys tax law and tax

Planning tax strategies.
Retail trade and wholesale
Banking and financial services
Tax return.
Real estate
Tax exemptions.
Negotiation of agreements and tax payment plans.
We offer training programs on changes in the tax laws.

Advice on double taxation treaties.
Corrections of current accounts.
Processes of tax administration.
Review and compliance of the periodic tax obligations.
Prepare and submit their tax returns.
Representation in tax audits ensuring a fair and transparent process.
Solid defense and an expert to protect your rights in tax disputes.

Tax advice to tax liabilities to foreign residents.
We resolve disputes with the tax authorities.
Tax law and tax on construction, energy, insurance and logistics.
Advice on schemes of international trade (free-trade areas, among others).
Advice of the foreign investment in special economic zones with special tax regime.

Why hire us as lawyers, tax and tax in Panama?

We know the tax legislation in force

We are leaders in tax law in Panama because our legal team plans to tax strategies that are tailored to their needs and the demands of the law.

Optimize your tax burden

In Brig that we are ready to maximize the benefits of the tax bill and reduce your tax burden legally. We identify opportunities for tax savings, without leaving the legal framework.

We advise strategically

We have an approach to resolving in all our processes, so that we are able to solve quickly the legal complications that have, but without losing sight of the long-term benefit.

What we stand for in disputes and tax audits

We offer a representation efficient of their interests in tax audits or disputes tax. In our arguments, we care by taking advantage of the exemptions, benefits and deductions that are available, meeting the panamanian law.

We prevent tax risks

We focus on to get the most benefit and avoid penalties due to poor tax management within your company or in a particular form. We apply the tax rules, we mitigate fiscal risks and protect your company from potential disputes or audits in the future.

We are responsible and punctual

We comply with their needs and the panamanian State in an appropriate manner, ensuring the continuity of your business operations and avoiding economic losses in shutdowns or fines.

Are you concerned about the impact of tax liabilities in cash flow?

In the Republic of Panama, the obligations of the box are related to the payments and financial commitments that has a particular or company, and it affects your cash flow. In the country, these obligations include the payment of:

Income tax (ISR).
Taxes on the transfer of personal property.
Presentation services (ITBMS).
Social security contributions.
Withholding tax.
Taxes relate to imports and exports.
Taxes on real estate.

To comply with these obligations is crucial to avoid penalties, fines and legal trouble extensive that affect the financial stability of your company.

Therefore, if you have the fear of breaking the rules of tax law and tax of Panama, let us help you with the preparation and timely filing of your tax situation to protect your interests.

With Brig, you can have the confidence that your tax situation and tax will not affect your cash flow, because that will have an effective planning, based on data and strategies well-thought-out.

Seek advice on tax law and tax, and plan for the tax burden of your company in the long term, to avoid penalties and to ensure the legal operation of your business.

Frequently asked questions

How to hire a tax attorney?

Before you hire a tax attorney, we recommend a professional who is specialized in tax law in Panama, have a reputation and experience. It is important that you trust your lawyer, and will work together in their tax affairs.

When selecting a lawyer, right to a written agreement that details of their legal services and sets the terms and conditions of your representation.

What are the functions of a tax attorney?

The functions of a tax attorney in Panama include:

Tax advice: Offer specialized consulting on the tax legislation in force and how it affects the operations of the customers.
Tax planning: Develop strategies to optimize the tax burden within the legal framework, taking advantage of incentives and tax benefits.
Legal defense: To represent and defend the interests of the clients in administrative and judicial proceedings against the tax authorities.

Tax compliance: Ensure that companies and individuals to comply with all of its tax obligations, while avoiding penalties and surcharges.

Do you offer representation in tax disputes?

Yes, the service tax law and tax includes the defense in litigation. Our team of solicitors in tax law in Panama is ready to defend its interests in matters related to your taxes. We are committed to resolve conflicts tax, so we're working to protect their rights and achieve favorable results in a judicial process.