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30/03/2023
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24/05/2023
Keeping the accounting of a company in Panama is easy, but certain rules must be followed. Download the PDF
The guide on Accounting Records for legal entities incorporated in Panama is an important resource for those who want to understand the impact of Law 254 of 2021 on money laundering prevention and accounting records for legal entities operating outside of Panamanian territory.
The guide provides a series of frequently asked questions, including the definition of accounting records, who must maintain them, and what is meant by an operational company. In addition, the guide explains the importance of supporting documents and what information must be provided by legal entities holding assets. The guide also provides information on the sanctions imposed on legal entities that do not comply with regulations and the fact that Caporaso & Partners Law Office can provide guidance on authorized public accountants.
In summary, this guide is a useful and informative read for anyone interested in understanding the impact of Law 254 of 2021 on the accounting of legal entities incorporated in Panama.
Download free Guide on How to Keep Accounting Records in Panama
