Panama has long been considered a destination for international businesses. Thanks to its position between the Pacific Ocean and Caribbean Sea, the French saw it as a relatively easy place to build a canal that would allow boats to bypass the long journey around South America. The United States Army Corps of Engineers ended up completing the project in 1914, finally turning the isthmus into a path that made international trade easier.
What does this have to do with law firms? Plenty.
As Panama became an increasingly important business center, it needed plenty of law firms to oversee regulations and defend the rights of international companies.
Today, Panama has a wealth of law firms that say they can protect the business and personal rights of their clients. Many of them have educated, experienced lawyers who understand how important their jobs are to the world economy, not to mention the individuals they represent.
With so many options, though, many companies have difficulty choosing the top Panama law firms from those that don’t have enough experience to get the job done.
Experience Always Matters With Law Firms in Panama
When browsing law firms in Panama, it’s important to find out how much experience they have in the issues that matter most to you.
Delvalle and Delvalle Attorneys at Law, for instance, focus on legal matters that pertain to international clients, especially those who want to create corporations in Panama.
The steps to creating a corporation in Panama aren’t that difficult, but it does require a firm understanding of the system’s laws and biases. Something as simple as knowing who to give a piece of paperwork to could stand between you and a fruitful Panamanian corporation.
When you get to the details, things start to look a little more complicated.
Do you know how to create articles of incorporation that Panamanian authorities will recognize?
Do you know whether you need to file the paperwork in person or you can have a lawyer do that for you?
Do you know how to find an authorized person to translate your articles of incorporation into Spanish?
These might seem like minute details, but they are all important aspects of forming a Panamanian corporation that helps you generate higher profits by avoiding excess taxes and regulations. To create your business quickly, you need professionals who have years of experience. There are plenty of simple mistakes for entry-level lawyers to make. When you choose true professionals like Delvalle and Delvalle, you don’t have to worry about that.
Instead, you know that things will go smoothly from start to finish because you have an experienced group of lawyers on your side.
Top Law Firms in Panama Have to Know Your Needs
“Experience” can mean different things to different people. A law firm might have plenty of experience working with American clients who want to create corporations in Panama, but that doesn’t necessarily make that firm the right choice for someone living in Europe or Asia.
It’s important to find a law firm that can speak your language. Spanish and English are the two most popular languages in Panama, so you can certainly find law firms that speak those languages. But what if you speak French, German, or Japanese?
Delvalle and Delvalle Attorneys at Law
have experience working with clients from all over the world. No matter what language you speak, the firm can find someone to act as a translator.
That’s a huge benefit to companies all over the world. Even if you speak Spanish as your first language, there’s a good chance that your international business will need to communicate with companies that do not speak your language. A top Panama law firm could come in handy during negotiations.
Above all, you want to make sure that you choose top Panama law firms that understand the interplay between the laws of Panama and your home country. Creating a corporation in Panama can definitely help you lower your tax burden, but it doesn’t necessarily mean that you get to avoid all taxes in your home country.
A law firm that has experience working with other clients from your part of the world already knows how the laws interact. That’s a boon to anyone who wants to create a business that generates healthy profits through international trade and contracts.