FAQs Panama
Frequently asked questions about Payroll and HR services, PEO, HR outsourcing/EOR and compliance services in Panama.
Important Note: Labor and tax regulations change frequently. Before making decisions, validate percentages and rules in force with official sources or local compliance teams.
How does payroll work in Panama?
– Frequency: monthly or bi-weekly.
– 13th salary paid in April, August, and December.
– Vacations: 30 days annually.
How much is the hiring cost in Panama?
– Registration with CSS and MITRADEL if applicable.
– Market benefits: health insurance, transport, meals.
Employer social security taxes
– Employer contributions to CSS (health/pension), Occupational Risk Insurance, Education Tax, and 13th salary provision.
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