Most of Panama's income comes from the tax on transporting cargo through Panama canal. The canal is used to cut the time it takes to transport cargo between Atlantic and Pacific oceans. The official and mostly spoken language is Spanish, but English is also known by a large portion of the population usually used in urban areas and to trade worldwide.

Baltic Legal focuses on Corporate Law, Tax Law, Company Formation and Registration, and Accounting Services in all three Baltic states - Estonia, Latvia and Lithuania. If you intend to start business in the Baltic States, our team of professionals will provide you with full support and advice in choosing the type of a company, establishing and registration of the company, dealing with tax issues, and promoting your business in Latvia, Lithuania or Estonia.