Bill 244.

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  • TypeBill
  • 244
  • FiledJuly 10, 2024

Summary of the bill.

The bill proposes tax and labor incentives for company branches in La Chorrera and other districts of Panamá Oeste. It concerns companies headquartered in Panama City that establish or relocate branches to the province. It links incentives to investment in premises and the transfer of workers residing there, provides tax deductions and exemptions, and allows transferred staff to retain their wages, rights and employment benefits.

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