Panama: Multinational headquarters; affidavits and financial statements due 30 June 2021

Panama: Affidavits and financial statements due 30 June

Multinational company headquarters (“sede de empresa multinacional” or “empresa SEM”) licensed in Panama are subject to annual reporting requirements and must submit, within six months following the close of the fiscal period, an annual report (“affidavit”) and a copy of audited financial statements.

1000

Related content

For companies with a 31 December 2020 year-end, the affidavit and audited financial statements for fiscal year 2020 are due 30 June 2021.

There are other information reporting deadlines for multinational company headquarters licensed in Panama. Read TaxNewsFlash

Read a January 2021 report (Spanish) prepared by the KPMG member firm in Panama

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal