Money and business

"Evza" It launches a new free zone in Panama

Dubai, August 18/ WAM/ Evza, one of the most dynamic and fastest growing free -growing societies in the world, announced the launch of Evza Panama in a prominent strategic step within its global expansion path.
According to a press release issued today, the new free zone in Panama is the first actual presence of “Evza” in Latin America, which reflects its firm commitment to supporting global entrepreneurship and building interconnected business systems.
In detail, the Panama government granted an official license to “Evza” to establish and operate a free zone in the country, in an achievement that allows the transfer of its model based on the infrastructure that attracts investors and stimulating growth to the Latin markets.
Panama is known as the “American Center”, and it has many features similar to Dubai, as it is a vibrant financial and commercial center and embraces more than 60 local, regional and international banks, and its strategic location links North and South America, along with the Panama channel and the globally connected air transport network, makes it an ideal destination to support the strategies of productive proximity and expansion International.
Martin Ji said. Pedersen, Chairman of the Board of Directors of Evza, Evza’s expansion to Panama is a natural extension of its strategy in global growth, as the strategic geographical location of Panama, its strong banking system, its modern infrastructure, its dollar -based economy, and its organizational framework supporting business, makes it an ideal partner for our next stage, stressing the deep commitment to work in a cooperative way With the Panama government and local stakeholders to create a common economic value.

He explained that this step reflects Evza’s commitment to international standards for compliance; Panama was removed from the gray list of the financial team in 2023, and from the list of the European Union for the high -risk countries in 2024, which strengthened its attractiveness to international investors.

The new free zone will be a multi -use center that supports a wide range of sectors, including professional services, technology, logistics, trade, software, and various industries.
For his part, Yoshn Knisht, CEO of “Evza Dubai”, said that business has a tremendous force in linking people and bypassing borders and breaking barriers, and through “Evza Panama” not only to create a free zone, but to build a bridge linking Latin America and the UAE, enabling companies to expand with confidence and in a common spirit.
He added that, thanks to its busy record in supporting more than 60 thousand companies within its global system, and its presence and partnerships in more than 50 countries, Evza has a unique position that authorizes it attracting foreign direct direct direct investments to Panama.
The companies operating within the free “Evza Panama” area will receive significant tax benefits, including the exemption from corporate income tax, customs duties, and value -added tax, making it a strong base for global trade and expansion.
In addition, companies that establish their business in the free zone will be able to take advantage of an integrated and comprehensive package of services, including establishing and registering companies and visa services, including guaranteeing families, offices solutions and work spaces, supporting corporate banking transactions, accounting, tax registration and consulting services, and guidance on transition that includes real estate, schools and lifestyle needs.
The free zone will contribute to harmonizing its goals with the national economic vision of Panama, supporting new job opportunities, and consolidating the country’s position as a competitive regional center based on innovation.
Evza aims to explore promising opportunities throughout Latin America and adapt its model to the free zone to contribute to reducing entry barriers, ensuring compliance, and speeding business growth, in addition to its financial presence in Panama, while this initiative will provide new opportunities for Latin companies to reach the UAE and the broader Middle East markets, including Africa, India and Pakistan.

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