Panama | Accounting records requirements for legal entities
Accounting records requirements (Panama) | Law 52 of 2016, which establishes the obligation to keep accounting records requirements for certain legal entities, through Law 254 of November 11, 2021, introduced important amendments for legal entities that do not carry out operations that are perfected or consumed or have their effects within the Republic of Panama, as well as for legal entities that are exclusively engaged in holding assets, incorporating the obligation to keep accounting records and supporting documentation.
The family deed….a starring role
Family Deed | It is common in these times to hear about “family shareholder agreements” or “family deed”.
