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Panama has passed a new law that has entered into effect as of January 15 of 2009. Such is Law 4 of January 9 of 2009 that regulates the Limited Liability Companies in Panama, replacing entirely Law 24 of 1966 that originally created and regulated this same type entity.

The new Law is more flexible than the old and although this type of company is not popular as the well known Panama S.A., is equally important to consider for some structure.

Panamanian Limited Liability Company, similar to corporations, can be used to protect your assets from any threats.

Among the most interesting features of the Panama SRL we find the following: