Panapark Free Zone

Frequently Asked Questions

It is Panama’s largest privately operated free zone, functioning as a designated area within the country that offers tax incentives and other non-tax benefits. Combined with Panama’s connectivity to markets throughout the region and around the world, these advantages make Panapark a unique and attractive destination for foreign investment.

We are located in Felipillo, along the Pan-American Highway.

The Pacific port is 39 km away, while the Caribbean/Atlantic port is 87 km away.

Panapark is located 6 km from the airport’s cargo terminal, approximately 15 minutes by car.

Warehouses ranging from 360 m² to 13,000 m², as well as lots for build-to-suit construction. Available unit sizes include 360, 748, 1,030, 1,088, 1,247, and 1,458 m².

The warehouses do not include finished offices, but they have designated mezzanine and ground-floor areas that can be adapted for office use. Clients may complete the construction according to their requirements and budget, using the contractor of their choice.

Yes, but only as part of a build-to-suit development. We do not sell standalone lots.

Our minimum lease term is three years.

We offer leasing, sales, and lease-to-own options.

Panapark cuenta con un plan maestro de desarrollo que contempla la continuidad de construcción de galeras de diferentes metrajes y lotes para construcción a la medida que aseguran la disponibilidad de espacio para crecimiento de nuestros clientes y establecimiento de nuevas empresas.

No, Panapark is 100% privately owned.

We do not provide logistics services. However, we can refer you to a logistics operator who can provide a quote if needed.

We do not provide logistics services. However, we can refer you to a logistics operator who can provide a quote if needed.

Employees can travel by private vehicle, Uber, inDrive, taxi, public transportation, or Metro. The nearest Metro station is 3 km away, and Panapark provides a shuttle service that transports employees between the station and the free zone.

The cost depends on the warehouse specifications, location, and lease term. We can send you a formal proposal once you provide your contact information.

The cost depends on the warehouse specifications, location, and payment method. Prices range from $1,350 to $1,550 per m². We can send you a formal proposal once you provide your contact information.

To operate, you need a license for a company established within a free zone. The license is permanent, does not require renewal, and has no application fee. The process must be handled by an attorney, and you will only be responsible for the attorney’s professional fees. You may hire the attorney of your choice.

The licensing process can take up to 90 days. However, since 2021, it has typically been completed within two months.

The only additional charge is for common area maintenance and administration. It is calculated at $0.60 per m² of lot area assigned to your warehouse.

Panapark operates 24/7, while Customs operates from 6:00 a.m. to 10:00 p.m.

The rate ranges from $0.15 to $0.16 per kilowatt-hour (kWh).

No. At the corporate and industrial level, Panama is not generally considered a highly unionized country. The country’s best-known labor union represents construction workers.

Law No. 32 of April 5, 2011.

Businesses engaged in manufacturing, assembly, processing of finished or semi-finished products, value-added services, logistics, and more can operate within the Free Zone.

Yes, absolutely. However, local business activities must not represent the majority of your overall operations.

Panama’s Free Zone Law does not impose any minimum investment requirements.

Each special economic zone in the country has its own unique advantages.

Colón Free Zone: Logistics, import, and re-export activities.

  • Properties may be sold or leased, but the land is 100% government-owned.
  • Real estate is the most affordable; however, operating costs are higher. There are also security concerns, and some warehouses may be uninsurable.
  • Licensing involves issuance fees and annual renewal fees.

Panamá Pacífico: Logistics, manufacturing, assembly, and processing.

  • Manufacturing, assembly, and processing activities are permitted only for high-tech operations. Maritime and aviation companies are also allowed.
  • Class A, world-class real estate is available exclusively for lease—not for sale.
  • Licensing involves issuance fees and annual renewal fees.

Panapark: Accommodates all the activities listed above, while manufacturing, assembly, and processing operations are not required to be high-tech.

  • Panapark offers Class A, world-class real estate for sale and lease, with a wide range of property solutions and advanced service infrastructure designed for industrial operations.
  • Operating costs are more affordable. Licensing has no issuance fee and no annual renewal fees.