How and why Lacayo & Associates can help you in your legal services in general?
At L&A we have a good team of lawyers that guarantees the superior quality of our services in all our areas of practice. Our experts have the ability to understand them and give real and practical solutions to the tasks assigned.
We always provide our services meeting the highest quality standards and optimizing to the maximum the quotas of time necessary for its management.
Procedures for Corporate Services
Constitution of Corporations
Panamanian Corporations are currently one of the most used tax planning instruments in international trade.
Among its advantages we can mention:
- Shares may be registered or bearer.
- It is not required that the capital or part of it is paid.
- No income tax on transactions outside Panama.
- The authorized capital of the corporation may be established in any currency.
- The directors and officers may be legal or natural persons of any nationality.
- The meetings of the board of directors and shareholders can take place anywhere in the world.
- There is no a specific number of shareholders required.
- Allows to engage in any business whenever lawful."
Constitution of Private Foundations
A private foundation is a separate nonprofit legal entity, consisting of one or more natural or legal entities that transfer assets intended exclusively to the objectives stated in the Founding Act.
- The possibility to follow goals and objectives for a long time even after the founder's death.
- It is used as a testament without being subjected to the processes of succession in the ordinary courts.
- It serves as a means of family planning.
- It is similar to the figure of the Trust, but without the need to transfer the assets to a third party.
- Beneficiaries may be designated by private instrument.
- It can perform business at unusual way.
- Asset protection.
Major changes addressed in the long term or in an urgent way in corporations are a common topic of management in our office. The firm has extensive experience in achieving restructurings that demonstrate excellent productivity parameters. We have participated in the regeneration of several companies achieving effective corporate performance and growth.
Shareholder Rights, Relations and Dispute Resolution
Lacayo & Asociados works with clients to prevent and assist them in disputes between shareholders related to their business. We support our clients in any mediation, arbitration or litigation that may arise and defend vigorously the position of the corresponding rights.
Mergers & Acquisitions
Lacayo & Asociados has the expertise to carry out the necessary negotiations and provide legal services to reach agreements on mergers or acquisitions. The professionals of this firm have extensive experience in contracts, corporations, taxes, negotiations, intellectual property, labor law, real estate and other branches, which gives us a broad and realistic perspective of how we can respond to the needs of your business.
We have participated in the legal due diligence of several mergers and acquisitions from different companies.
Drafting of Commercial Contracts
Civil, commercial, labor and banking contracts:
In Panama the contracts are particularly governed by the principle of autonomy of the parties and can thus establish covenants, terms and conditions deemed appropriate provided they are not contrary to the law, morals, public order and decency. The commercial, banking and civil issues have particular emphasis on our firm, which has professionals with vast experience in the field of Law, allowing the quality of services rendered.
Structuring of Commercial Operations
Using the appropriate legal tools, our firm can assist you in the design of legal structures that suit your corporate, financial and tax needs.
Insurance and Reinsurance
The financial and insurance sector in Panama is one of the most developed in Latin America. In insurance our firm provides legal advice and help, not only insurance companies but also, to policyholders and insurance brokers.
Energy and Hydroelectric
Lacayo & Asociados has experience in the energy industry where has assisted clients involved in engineering projects, development, construction and project finance of hydroelectric and thermoelectric generation. We know the specialized laws and regulations of the Authority for Public Services.
Affairs on the Environment
Lacayo & Asociados has assisted real estate companies, corporations and industries that require obtaining approvals of the environmental impact necessary in the projects they undertake. We have participated in every aspect and we have substantial experience in the ANAM. For example, management request for the environmental impact of a hydroelectric, participation in public forums to explain the environmental impact caused by projects of hydroelectric and thermoelectric generation and real estate developments.