{"id":3267,"date":"2026-05-31T10:13:45","date_gmt":"2026-05-31T15:13:45","guid":{"rendered":"https:\/\/www.edtij.com\/en\/?p=3267"},"modified":"2026-05-31T10:13:47","modified_gmt":"2026-05-31T15:13:47","slug":"panama-economic-substance-law-2026","status":"publish","type":"post","link":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/","title":{"rendered":"Panama&#8217;s Economic Substance Law: What Your Business Needs to Know"},"content":{"rendered":"\n<!-- EDTIJ | Elementor HTML Widget | EN -->\n<style>\n  .edtij-blog * { box-sizing: border-box; }\n  .edtij-blog table { border-collapse: collapse; }\n<\/style>\n<div class=\"edtij-blog\">\n<article style=\"max-width:760px; margin:0 auto; padding:60px 32px;\">\n\n  <!-- CATEGORY \/ DATE -->\n  <div style=\"font-family:Arial, sans-serif; font-size:10px; letter-spacing:3px; text-transform:uppercase; color:#B8976A; margin-bottom:20px;\">\n    Tax Law &nbsp;\u00b7&nbsp; May 29, 2026\n  <\/div>\n\n  <!-- TITLE -->\n  <h1 style=\"font-family:Georgia, serif; font-size:34px; font-weight:normal; color:#3A3330; line-height:1.25; letter-spacing:0.5px; margin:0 0 16px 0;\">\n    Panama&#8217;s Economic Substance Law: What Your Business Needs to Know\n  <\/h1>\n\n  <!-- SUBTITLE -->\n  <p style=\"font-family:Georgia, serif; font-size:17px; color:#7A706A; font-style:italic; line-height:1.6; margin:0 0 32px 0;\">\n    A fundamental reform that changes the rules for multinational groups in Panama \u2014 and that is already in force.\n  <\/p>\n\n  <!-- DIVIDER -->\n  <div style=\"border-top:2px solid #B8976A; width:60px; margin-bottom:36px;\"><\/div>\n\n  <!-- INTRO -->\n  <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n    On May 29, 2026, President Jos\u00e9 Ra\u00fal Mulino signed <strong>Law No. 526<\/strong> \u2014 known as the Economic Substance Law \u2014 into effect. Published in Panama&#8217;s Official Gazette on the same date, the Law entered into force immediately, marking a turning point in Panama&#8217;s tax framework.\n  <\/p>\n  <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n    This Law does not come out of nowhere. It is Panama&#8217;s response to years of international pressure \u2014 particularly from the European Union \u2014 to align its territorial tax system with global standards of transparency and fair taxation. Costa Rica, Uruguay, Hong Kong, and Singapore have already walked this path. Now it is Panama&#8217;s turn.\n  <\/p>\n  <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 36px 0;\">\n    What matters most for businesses and structures domiciled in the country is understanding what this reform means in practice, whether it applies to them, and what they should do \u2014 and when.\n  <\/p>\n\n  <!-- SECTION 1 -->\n  <h2 style=\"font-family:Arial, sans-serif; font-size:11px; letter-spacing:3px; text-transform:uppercase; color:#B8976A; margin:0 0 12px 0;\">The context: why Panama enacted this Law<\/h2>\n  <div style=\"border-top:1px solid #D9D4CC; padding-top:20px; margin-bottom:32px;\">\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n      Panama operates a <strong>territorial tax system<\/strong>: only income generated within the country is taxed. Foreign-source income \u2014 dividends, interest, royalties, capital gains \u2014 has historically been exempt from tax for entities domiciled in Panama.\n    <\/p>\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n      This regime, however, has been challenged by the European Union, which views it as a potentially harmful Foreign-Source Income Exemption (FSIE) system: it allows passive income generated abroad to go untaxed both where it is generated and where it is received. The result, technically speaking, is double non-taxation.\n    <\/p>\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 0 0;\">\n      The Economic Substance Law is Panama&#8217;s chosen solution: rather than taxing all foreign income, it requires those who benefit from the exemption to demonstrate that they have a <em>genuine economic presence<\/em> in the country. A surgical approach that preserves territoriality without surrendering to double non-taxation.\n    <\/p>\n  <\/div>\n\n  <!-- SECTION 2 -->\n  <h2 style=\"font-family:Arial, sans-serif; font-size:11px; letter-spacing:3px; text-transform:uppercase; color:#B8976A; margin:0 0 12px 0;\">What the Law establishes<\/h2>\n  <div style=\"border-top:1px solid #D9D4CC; padding-top:20px; margin-bottom:32px;\">\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n      Law No. 526 applies to <strong>entities belonging to multinational groups<\/strong> domiciled in Panama that receive certain <strong>passive income from foreign sources<\/strong>, including:\n    <\/p>\n\n    <div style=\"background-color:#F2EDE8; border-left:3px solid #B8976A; padding:20px 24px; margin-bottom:20px;\">\n      <div style=\"font-family:Arial, sans-serif; font-size:10px; letter-spacing:2px; text-transform:uppercase; color:#3A3330; margin-bottom:12px;\">Covered passive income<\/div>\n      <div style=\"font-size:14px; line-height:2.0; color:#4A4440;\">\n        \u2014 Dividends from foreign sources<br>\n        \u2014 Interest from foreign sources<br>\n        \u2014 Royalties (use of intellectual property)<br>\n        \u2014 Capital gains<br>\n        \u2014 Real estate capital income<br>\n        \u2014 Other movable capital income\n      <\/div>\n    <\/div>\n\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n      To retain the tax exemption on this income, the entity must demonstrate to Panama&#8217;s tax authority (DGI) that it has <strong>genuine economic substance in Panama<\/strong>, defined as the effective presence and use of:\n    <\/p>\n\n    <div style=\"background-color:#F2EDE8; border-left:3px solid #B8976A; padding:20px 24px; margin-bottom:20px;\">\n      <div style=\"font-family:Arial, sans-serif; font-size:10px; letter-spacing:2px; text-transform:uppercase; color:#3A3330; margin-bottom:12px;\">Economic substance requirements<\/div>\n      <div style=\"font-size:14px; line-height:2.0; color:#4A4440;\">\n        \u2014 Qualified and remunerated personnel based in Panama<br>\n        \u2014 Adequate physical facilities within national territory<br>\n        \u2014 Strategic decision-making and risk management from Panama<br>\n        \u2014 Operating expenses related to income-generating assets\n      <\/div>\n    <\/div>\n\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 0 0;\">\n      The Law expressly excludes entities engaged in the <strong>commercial operation of vessels<\/strong> registered under Panama&#8217;s special merchant marine legislation \u2014 a sector that already has an OECD-recognized substance regime.\n    <\/p>\n  <\/div>\n\n  <!-- SECTION 3 -->\n  <h2 style=\"font-family:Arial, sans-serif; font-size:11px; letter-spacing:3px; text-transform:uppercase; color:#B8976A; margin:0 0 12px 0;\">The consequences of non-compliance<\/h2>\n  <div style=\"border-top:1px solid #D9D4CC; padding-top:20px; margin-bottom:32px;\">\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n      If an entity fails to demonstrate sufficient economic substance, it will be classified as &#8220;non-qualified.&#8221; The consequences are significant:\n    <\/p>\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n      Its passive foreign-source income will be subject to a <strong>15% rate<\/strong> on net taxable income \u2014 in addition to penalties, surcharges, and interest for failure to meet reporting obligations.\n    <\/p>\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 0 0;\">\n      Furthermore, all entities within the scope of the Law must comply with new formal obligations regardless of whether they meet the substance requirements: an <strong>annual sworn economic substance declaration<\/strong>, an income tax return for foreign-source income, supporting documentation maintained in Panama, and <strong>audited financial statements<\/strong>.\n    <\/p>\n  <\/div>\n\n  <!-- SECTION 4 -->\n  <h2 style=\"font-family:Arial, sans-serif; font-size:11px; letter-spacing:3px; text-transform:uppercase; color:#B8976A; margin:0 0 12px 0;\">The timeline: there is time, but not much<\/h2>\n  <div style=\"border-top:1px solid #D9D4CC; padding-top:20px; margin-bottom:32px;\">\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n      The Law has been in force since May 29, 2026. The Executive Branch has 90 days to issue the implementing regulations that will define filing deadlines, forms, and substance evaluation criteria \u2014 placing the regulatory framework around late August 2026.\n    <\/p>\n\n    <div style=\"background-color:#F2EDE8; border-left:3px solid #B8976A; padding:20px 24px; margin-bottom:20px;\">\n      <div style=\"font-family:Arial, sans-serif; font-size:10px; letter-spacing:2px; text-transform:uppercase; color:#3A3330; margin-bottom:16px;\">Key dates<\/div>\n      <table style=\"width:100%; border-collapse:collapse;\">\n        <tr>\n          <td style=\"font-family:Arial, sans-serif; font-size:12px; font-weight:bold; color:#B8976A; padding:6px 16px 6px 0; white-space:nowrap; vertical-align:top;\">May 29, 2026<\/td>\n          <td style=\"font-size:14px; color:#4A4440; line-height:1.6; padding:6px 0;\">Law No. 526 enters into force<\/td>\n        <\/tr>\n        <tr>\n          <td style=\"font-family:Arial, sans-serif; font-size:12px; font-weight:bold; color:#B8976A; padding:6px 16px 6px 0; white-space:nowrap; vertical-align:top;\">~August 2026<\/td>\n          <td style=\"font-size:14px; color:#4A4440; line-height:1.6; padding:6px 0;\">Implementing regulations (90 days from enactment)<\/td>\n        <\/tr>\n        <tr>\n          <td style=\"font-family:Arial, sans-serif; font-size:12px; font-weight:bold; color:#B8976A; padding:6px 16px 6px 0; white-space:nowrap; vertical-align:top;\">October 2026<\/td>\n          <td style=\"font-size:14px; color:#4A4440; line-height:1.6; padding:6px 0;\">EU list review \u2014 first opportunity for Panama&#8217;s removal<\/td>\n        <\/tr>\n        <tr>\n          <td style=\"font-family:Arial, sans-serif; font-size:12px; font-weight:bold; color:#B8976A; padding:6px 16px 6px 0; white-space:nowrap; vertical-align:top;\">February 2027<\/td>\n          <td style=\"font-size:14px; color:#4A4440; line-height:1.6; padding:6px 0;\">Second EU review, if needed<\/td>\n        <\/tr>\n      <\/table>\n    <\/div>\n\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 0 0;\">\n      This means there is a genuine window to assess the situation, plan the necessary adjustments, and carry them out in an orderly manner \u2014 before the regulations activate the formal compliance deadlines. Acting now is not rushing: it is precisely what sound corporate governance recommends.\n    <\/p>\n  <\/div>\n\n  <!-- SECTION 5 -->\n  <h2 style=\"font-family:Arial, sans-serif; font-size:11px; letter-spacing:3px; text-transform:uppercase; color:#B8976A; margin:0 0 12px 0;\">Does it apply to you?<\/h2>\n  <div style=\"border-top:1px solid #D9D4CC; padding-top:20px; margin-bottom:32px;\">\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 20px 0;\">\n      The answer depends on each structure, and the determination is not always straightforward. Some general considerations:\n    <\/p>\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 16px 0;\">\n      <strong>The Law applies<\/strong> to entities that are part of a group operating in more than one jurisdiction and that receive passive income from abroad under Panama&#8217;s territorial exemption.\n    <\/p>\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 16px 0;\">\n      <strong>The Law does not apply<\/strong> to purely operational companies whose income derives from commercial or service activities within Panama, nor to entities under the maritime regime, which are expressly excluded.\n    <\/p>\n    <p style=\"font-size:15px; line-height:1.9; color:#4A4440; margin:0 0 0 0;\">\n      There are grey areas \u2014 patrimonial structures, private interest foundations, regional holding companies \u2014 whose classification under the Law requires individual analysis. And that analysis is worth carrying out sooner rather than later.\n    <\/p>\n  <\/div>\n\n  <!-- CTA BLOCK -->\n  <div style=\"background-color:#3A3330; padding:36px 40px; margin-top:8px;\">\n    <div style=\"font-family:Arial, sans-serif; font-size:10px; letter-spacing:3px; text-transform:uppercase; color:#B8976A; margin-bottom:14px;\">At EDTIJ<\/div>\n    <p style=\"font-family:Georgia, serif; font-size:16px; color:#ffffff; line-height:1.6; margin:0 0 16px 0; font-style:italic;\">\n      &#8220;We know our clients&#8217; structures. That is why we can go straight to the point: determine whether the Law applies, to what extent, and what specific actions are needed.&#8221;\n    <\/p>\n    <p style=\"font-size:14px; color:#C9BEB8; line-height:1.8; margin:0 0 0 0;\">\n      If you have questions about how this legislation affects you, we are available to guide you. This is exactly the kind of analysis we do \u2014 and the time to do it is now, while the window is still open.\n    <\/p>\n  <\/div>\n\n  <!-- AUTHOR -->\n  <div style=\"margin-top:40px; padding-top:24px; border-top:1px solid #D9D4CC;\">\n    <div style=\"font-family:Arial, sans-serif; font-size:10px; letter-spacing:2px; text-transform:uppercase; color:#B8976A; margin-bottom:8px;\">Author<\/div>\n    <div style=\"font-size:14px; font-weight:bold; color:#3A3330;\">Marisel Della Togna<\/div>\n    <div style=\"font-size:13px; color:#7A706A; margin-top:2px;\">EDTIJ \u2014 Estudios de Derecho e Inversiones Jur\u00eddicas<\/div>\n    <div style=\"font-size:13px; color:#B8976A; margin-top:4px;\">mdellat@edtij.com<\/div>\n  <\/div>\n\n  <!-- DISCLAIMER -->\n  <div style=\"margin-top:32px; font-family:Arial, sans-serif; font-size:11px; color:#A09590; line-height:1.7; border-top:1px solid #EDEAE5; padding-top:20px;\">\n    <em>This article is for general informational purposes only and does not constitute legal advice. Assessing the specific impact on your structure requires individual review.<\/em>\n  <\/div>\n\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tax Law &nbsp;\u00b7&nbsp; May 29, 2026 Panama&#8217;s Economic Substance Law: What Your Business Needs to Know A fundamental reform that changes the rules for multinational groups in Panama \u2014 and that is already in force. On May 29, 2026, President Jos\u00e9 Ra\u00fal Mulino signed Law No. 526 \u2014 known as the Economic Substance Law \u2014 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[14,18,20,10,12,19],"class_list":["post-3267","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-international-business","tag-lawyersinpanama","tag-ley526","tag-offshore","tag-panama","tag-sustanciaeconomica"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Panama&#039;s Economic Substance Law: What Your Business Needs to Know -<\/title>\n<meta name=\"description\" content=\"Panama&#039;s Economic Substance Law entered into force on May 29, 2026. Learn what it requires, whether it applies to your structure, and what your company should do before the regulatory deadline.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Panama&#039;s Economic Substance Law: What Your Business Needs to Know -\" \/>\n<meta property=\"og:description\" content=\"Panama&#039;s Economic Substance Law entered into force on May 29, 2026. Learn what it requires, whether it applies to your structure, and what your company should do before the regulatory deadline.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-31T15:13:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-31T15:13:47+00:00\" \/>\n<meta name=\"author\" content=\"admin23\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin23\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/\"},\"author\":{\"name\":\"admin23\",\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/#\\\/schema\\\/person\\\/0158ea68f5157c26ac251df4daa7f827\"},\"headline\":\"Panama&#8217;s Economic Substance Law: What Your Business Needs to Know\",\"datePublished\":\"2026-05-31T15:13:45+00:00\",\"dateModified\":\"2026-05-31T15:13:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/\"},\"wordCount\":882,\"commentCount\":0,\"keywords\":[\"International Business\",\"lawyersinPanama\",\"Ley526\",\"offshore\",\"Panama\",\"SustanciaEconomica\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/\",\"url\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/\",\"name\":\"Panama's Economic Substance Law: What Your Business Needs to Know -\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/#website\"},\"datePublished\":\"2026-05-31T15:13:45+00:00\",\"dateModified\":\"2026-05-31T15:13:47+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/#\\\/schema\\\/person\\\/0158ea68f5157c26ac251df4daa7f827\"},\"description\":\"Panama's Economic Substance Law entered into force on May 29, 2026. Learn what it requires, whether it applies to your structure, and what your company should do before the regulatory deadline.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/panama-economic-substance-law-2026\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Panama&#8217;s Economic Substance Law: What Your Business Needs to Know\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/#\\\/schema\\\/person\\\/0158ea68f5157c26ac251df4daa7f827\",\"name\":\"admin23\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7e74e660650ec888994388bc85ce89befcadfc95725a76a2e389f46764785e50?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7e74e660650ec888994388bc85ce89befcadfc95725a76a2e389f46764785e50?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7e74e660650ec888994388bc85ce89befcadfc95725a76a2e389f46764785e50?s=96&d=mm&r=g\",\"caption\":\"admin23\"},\"url\":\"https:\\\/\\\/www.edtij.com\\\/en\\\/author\\\/admin23\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Panama's Economic Substance Law: What Your Business Needs to Know -","description":"Panama's Economic Substance Law entered into force on May 29, 2026. Learn what it requires, whether it applies to your structure, and what your company should do before the regulatory deadline.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/","og_locale":"en_US","og_type":"article","og_title":"Panama's Economic Substance Law: What Your Business Needs to Know -","og_description":"Panama's Economic Substance Law entered into force on May 29, 2026. Learn what it requires, whether it applies to your structure, and what your company should do before the regulatory deadline.","og_url":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/","article_published_time":"2026-05-31T15:13:45+00:00","article_modified_time":"2026-05-31T15:13:47+00:00","author":"admin23","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin23","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/#article","isPartOf":{"@id":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/"},"author":{"name":"admin23","@id":"https:\/\/www.edtij.com\/en\/#\/schema\/person\/0158ea68f5157c26ac251df4daa7f827"},"headline":"Panama&#8217;s Economic Substance Law: What Your Business Needs to Know","datePublished":"2026-05-31T15:13:45+00:00","dateModified":"2026-05-31T15:13:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/"},"wordCount":882,"commentCount":0,"keywords":["International Business","lawyersinPanama","Ley526","offshore","Panama","SustanciaEconomica"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/","url":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/","name":"Panama's Economic Substance Law: What Your Business Needs to Know -","isPartOf":{"@id":"https:\/\/www.edtij.com\/en\/#website"},"datePublished":"2026-05-31T15:13:45+00:00","dateModified":"2026-05-31T15:13:47+00:00","author":{"@id":"https:\/\/www.edtij.com\/en\/#\/schema\/person\/0158ea68f5157c26ac251df4daa7f827"},"description":"Panama's Economic Substance Law entered into force on May 29, 2026. Learn what it requires, whether it applies to your structure, and what your company should do before the regulatory deadline.","breadcrumb":{"@id":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.edtij.com\/en\/panama-economic-substance-law-2026\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.edtij.com\/en\/"},{"@type":"ListItem","position":2,"name":"Panama&#8217;s Economic Substance Law: What Your Business Needs to Know"}]},{"@type":"WebSite","@id":"https:\/\/www.edtij.com\/en\/#website","url":"https:\/\/www.edtij.com\/en\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.edtij.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.edtij.com\/en\/#\/schema\/person\/0158ea68f5157c26ac251df4daa7f827","name":"admin23","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/7e74e660650ec888994388bc85ce89befcadfc95725a76a2e389f46764785e50?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/7e74e660650ec888994388bc85ce89befcadfc95725a76a2e389f46764785e50?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e74e660650ec888994388bc85ce89befcadfc95725a76a2e389f46764785e50?s=96&d=mm&r=g","caption":"admin23"},"url":"https:\/\/www.edtij.com\/en\/author\/admin23\/"}]}},"_links":{"self":[{"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/posts\/3267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/comments?post=3267"}],"version-history":[{"count":1,"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/posts\/3267\/revisions"}],"predecessor-version":[{"id":3268,"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/posts\/3267\/revisions\/3268"}],"wp:attachment":[{"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/media?parent=3267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/categories?post=3267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edtij.com\/en\/wp-json\/wp\/v2\/tags?post=3267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}