IFZA has officially launched its first Free Zone in Panama City, marking an important step in its global expansion strategy. The licence granted by the Government of Panama allows IFZA to introduce its Dubai-based business model to Latin America and support international companies looking to tap into new markets.
Key Points
- The Free Zone connects Latin American companies with the UAE and wider global markets.
- Panama’s strategic location and strong banking system make it ideal for international operations.
- Companies joining the Free Zone will benefit from 0% corporate tax and no import duties.
- Full business support is available, including company formation, visa processing, and banking assistance.
- Relocation support covers real estate, schooling, and lifestyle needs for investors and their families.
- Panama was recently removed from both the FATF and EU high-risk lists, improving investor confidence.
Looking ahead, IFZA will start welcoming new companies and positioning Panama as a regional trade hub. The Free Zone is expected to create jobs, attract foreign investment, and open new opportunities for business growth across Latin America. IFZA also aims to strengthen trade partnerships between Panama and the UAE while expanding access to markets in Africa and South Asia.
