Panama offers special incentives for tourism investment through the Law of Incentives for the Promotion of Tourism Activity. It includes exemption from import taxes for construction materials, equipment and furniture, as well as income tax exemption for periods of up to 15 years depending on the type and location of the project.
Benefits
Income Tax Exemption
100%Up to 15 years
Varies by project type and location
Import Tax Exemption
100%During construction
Materials, equipment and furniture for the project
Requirements
- Tourist accommodation (hotels, resorts, hostels)
- Tourist transportation
- Travel agencies
- Tourism operators
- Theme parks
- Convention centers
- Tourist marinas
Legal Disclaimer
The information provided is for guidance only. Consult with the Panama Tourism Authority (ATP) and legal advisors for specific details of your project.
Last verified: 2025-01-20