# Panama Pacifico

> Panama Pacifico is a Special Economic Area created by Law 41 of 2004 on the former Howard Air Force Base. It offers 100% exemption from direct and indirect taxes, special visas, and 10 years of legal stability.

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Panama Pacifico was created through Law 41 of July 20, 2004 to develop the former Howard Air Force Base into a world-class business center. With over 300 established companies, it offers a special legal, tax, customs, labor, and immigration regime designed to attract foreign direct investment and generate high-quality jobs.

## Key figures

- **41/2004** — Law _(Source: Gaceta Oficial)_
- **2,200 ha** — Total Area _(Source: panamapacifico.com 2026)_
- **400+** — Companies _(Source: panamapacifico.com 2026)_
- **17,000+** — Jobs Created _(Source: panamapacifico.com 2026)_
- **6,000+** — Residents _(Source: panamapacifico.com 2026)_

## Benefits

- **100% Tax Free** — Exemption from direct and indirect taxes for all activities, businesses, services, and operations.
- **10 Years Legal Stability** — Guarantee to maintain the tax and legal regime for 10 years from installation.
- **One-Stop Shop** — On-site access to 15 government entities, customs, and workforce training center.