Source: http://www.amp.gob.pa/
The Panamanian Registry of Ships accepts ships pertaining to nationals and foreigners, under the condition of the fulfillment of the norms related to the navigability, marine security, prevention and contamination monitoring, granting, degree and guard of the sailors, practical standardization, social and fiscal matter.
Advantages of the Panamanian Registry
Any person, an individual or a company, does not concern the nationality and origin place, is eligible to register ships under the Panamanian flag.
The registration procedure is simple and agile, which takes eight hours to get the registry done, as long as it fulfills all the requirements.
Reliable system of naval mortgages that count on the endorsement of the national and international banking.
The Panama operation offices work 24 hours to take care of the Asian and European continent in spite of the difference of schedules.
Adoption of the quality system.
Strict fulfillment of the international treaties on the marine security, the IGS, STCW 78/95, among others.
Exemption of the taxes on the originating gains of the economic activity.


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PRACTICE AREAS