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Nearshoring emerges as a key strategy for global companies looking to move their factories closer to the continental United States territory, driven by the need to balance costs, improve efficiencies, and minimize risks in a competitive market. With the rise of digitalization and sustainability, this practice promises to establish itself as the norm across multiple sectors. The Colon Free Zone in Panama stands out as a privileged destination for nearshoring, being the largest free zone in the hemisphere and the second-largest worldwide, ideal for Asian companies aiming to expand into the North American and Latin American markets.

The strategic location of the Free Zone provides unprecedented access to both North America and Latin America, leveraging its proximity to major maritime routes and the Panama Canal for efficient logistics and reduced costs. Moreover, the business environment in Panama is highly favorable, with tax and customs incentives including significant exemptions, representing an opportunity to achieve considerable savings in operational costs.

• 0% income tax
• 0% import tax
• 0% export tax
• Free Trade Agreement between Panama and the USA
• 3 container terminals within less than 5 km
• Transfer from port terminals in a matter of hours
• Proactive and agile customs procedures

The infrastructure of the Free Zone is perfectly adapted for trade, with modern port facilities and logistics services that ensure efficient operation and effective product distribution. Additionally, the implementation of the Trade Promotion Agreement (TPA) between Panama and the United States creates a favorable environment, allowing companies to assemble or finish their products in Panama and then export them to the United States under financially advantageous conditions.

In this scenario, Global Cargo Panama positions itself as a key strategic partner, offering a comprehensive nearshoring service from Panama. With state-of-the-art facilities and exceptional logistical connectivity via maritime, air, and land transport, we optimize delivery times across the Americas. Our services, which include Legal Advisory, Panamanian Origin Certification Procedures, Civil Works Contracting, Manpower Services, 3PL Services, Freight Forwarding Services, and Custom Clearance Services, are customized to meet the specific needs of each client, ensuring smooth and efficient operations.

With extensive experience in logistics, we are ready to overcome the challenges of international trade, allowing companies to focus on their growth and expansion. Choosing us means counting on a reliable and expert ally to help you reach new markets efficiently and sustainably. Request a quote through our email [email protected] or call us at +507 6807-0459