Commercial Contracts in Panama

Paralelaw provides streamlined legal solutions for drafting, reviewing, and enforcing commercial agreements in Panama. Our focus is on creating clear, legally compliant contracts that support your cross-border business objectives while respecting local regulations.

Key Services

1. Contract Drafting & Review

• Sales & Distribution Agreements
  Terms of delivery, payment, and jurisdiction for both local and international trade.

• Joint Venture Contracts
  Structuring partnerships between foreign and Panamanian entities, ensuring balanced collaboration.

• Service Agreements
  Defining scope, timelines, and liability for B2B services, offering clarity from the outset.

2. Compliance & Local Laws

• Panama Commercial Code
  Ensuring contracts meet statutory requirements for validity and enforceability.

• Cross-Border Agreements
  Aligning clauses with international standards (e.g., INCOTERMS) and addressing any tax implications.

3. Dispute Resolution

• Arbitration Clauses
  Incorporating Panama’s Arbitration Law (Law 131 of 2013) to facilitate efficient conflict resolution.

• Litigation Support
  Advocating on behalf of clients in local courts for breach-of-contract cases.

Industries Served

• Trade & Logistics
  Contracts for the Colón Free Zone, maritime services, and supply chain operations.

• Real Estate
  Lease agreements, purchase options, and developer contracts.

• Technology
  Software licensing, SaaS agreements, and data protection compliance.

Why Paralelaw?

• Bilingual Expertise
  We draft and review contracts in English and Spanish, catering to your specific needs.

• Fast Turnaround
  Our streamlined review process suits the pace of business in Panama.

• Risk Mitigation
  Clear, precise terms minimize ambiguities and enhance contract enforceability.

Contact Us

Secure your commercial agreements with solid, enforceable terms.
Schedule a consultation with our team in Panama City and find out how Paralelaw can support your contractual needs.