With 28 corporations, United States leads the Park Headquarters Multinational Corporations (SEM) in Panama, comprising 114 giant, he reported yesterday the Panamanian Minister of Commerce and Industry, Meliton Arrocha.
The official explained to reporters that behind the 28 US corporations, followed by 10 from Switzerland and the Netherlands, respectively, 7 South Korea and the same number from Germany, 6 in Spain and 6 in China, 5 in France and equal amount of Sweden, 4 in Japan and 4 from Denmark, 3 of Venezuela.
The rest is distributed among corporations in other 16 countries or territories, including Argentina, Australia, Brazil, Belarus, Canada, Colombia, Finland, Gibraltar, Guatemala, Honduras, British Virgin Islands, Mexico, Peru, Panama, UK and Singapore.
The SEM is engaged, from Panama, to meet its business in Latin America or its parent, so enjoy an advantageous tax exemptions regime.
The American Business Group Intcomex, Inc., is the last license approved this week by the SEM Committee, meeting in the Ministry of Trade and Industry (MITI) said Meliton Arrocha.
“Latin America is growing steadily and companies in other continents like Europe and Asia, seeking to expand its products and services to countries in the region,” he said.
Panama “is still the most attractive; mainly due to the new economic policy of this government, investment incentives, seven submarine fiber optic cables, interconnects flights, easy access to financing, the structure of the Colon Free Zone, Panama Pacific area, among others “he said.
Ernesto Chong de León, Ernesto Emilio Chong Coronado
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