business sense in Panama
is important to keep in mind that running a
business in Panama is not like managing a business
in the United States because of unusual labor
laws and the Panamanian way of doing business.
In order for a foreigner to own a business,
a Panamanian corporation or Sociedad Anónima
must be formed (see the section titled “Taxes”
in the last chapter).
If you do choose to establish your own business,
keep in mind that what works in the U.S. will
not always be successful in Panama.