Panama Customs Law 2014

HEADLINE: Panama faced rampant customs evasion and duty underpayment pre-2014.

Key Obligations

Customs declaration mandatory; duty payment before release; Colon Free Zone provisions

Penalty Ranges

Fines up to 3x duty value, seizure

Mandatory Deadline: Active

Affected HS Codes: All chapters

Issuing Authority: Autoridad Nacional de Aduanas (ANA Panama)