Panama strengthens its value proposition for foreign investment with the incorporation of the International Free Zone Authority (IFZA). This initiative is part of the 'Mas Territorio Más Empleo' project, aimed at generating job opportunities in communities. According to Raiser, Panama possesses an optimal legal and fiscal system for companies in free zones, consolidating its role as the ideal connection point to access the markets of North and Latin America. The arrival of IFZA in Panama drives the export of modern services and technology. This operator introduces a scheme that facilitates access to a simplified regulatory environment for knowledge-based sectors. With a track record in over seven countries, IFZA seeks to integrate local providers into an ecosystem that will strengthen specialized employment and foreign investment. This dynamic not only attracts foreign capital but also promotes the generation of specialized jobs and boosts economic activity linked to high-value-added services. Its geographical location, the use of the US dollar, and robust maritime and air connectivity continue to position Panama as a preferred destination. These factors are complemented by government efforts to optimize regulatory processes, facilitate residence procedures, and promote the export of software, technology, and marketing. Backed by having supported the establishment of over 65,000 companies worldwide with founders from 150 nationalities, the organization aims to replicate this impact in the Panamanian market. Its main focus is on simplifying the creation of new companies or the establishment of international subsidiaries, prioritizing collaboration with strategic partners to generate efficient business ecosystems. Markus Raiser, Director of IFZA Panama, highlighted that the decision to establish itself in Panamanian territory responds to the conditions of stability, security, and connectivity that the country offers. This new free zone model is specifically oriented towards micro, small, and medium-sized enterprises (MSMEs), modern service companies, and ventures with a high component of innovation, adapting to the demands of the contemporary digital economy. With global expansion and business support Founded in the United Arab Emirates in 2017, IFZA currently operates in more than seven countries and specializes in the comprehensive accompaniment of companies throughout their lifecycle. An essential component of the model is the integration of local service providers, such as legal firms, financial advisors, and real estate agents, who play a fundamental role in the establishment of new operations. 'This model is based on collaboration. Working hand in hand with professional partners allows us to create an environment in which companies can establish themselves more efficiently,' stated Raiser.
