Panama flag Panama: Business Environment

Business law in Panama

Legal Framework

Independence of Justice
Despite the fact that the constitution provides for an independent judiciary, it remains inefficient, politicized and prone to corruption.
Equal Treatment of Nationals and Foreigners
From the judiciary's point of view, foreign nationals can expect the same treatment as Panamanians.
The Language of Justice
Recourse to an Interpreter
It is always possible to have an interpreter (contact your Embassy).
Sources of the Law and Legal Similarities
The main source of the law is the Constitution of 1972 (amended several times, last amendment in 2004). The legal system is based on a civil law system. Panama accepts compulsory ICJ jurisdiction but with reservations.
Checking National Laws Online
Panama Judiciary (Spanish Only)

Return to top

Any Comment About This Content? Report It to Us.


© eexpand, All Rights Reserved.
Latest Update: May 2024