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sociedad anónima

Also spelled: S.A. · la sociedad

Definition

Panama's signature corporate vehicle, governed by Law 32 of 1927. It is cheap to incorporate and therefore used for everything, from a neighborhood shop to holding title to a car or an apartment.

Example

The apartment is held by a sociedad anónima.El apartamento está a nombre de una sociedad anónima.

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Where it is used
nationwide
Currency
in use today
Origin
Ley 32 de 1927 sobre sociedades anónimas.

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