Operation Licenses in Panama
The Republic of Panama has several auxiliary maritime services for cargo, crew, and all the vessels that operate through the Panamanian territory.
Auxiliary maritime services are divided into 10 categories, which are:
- Shipping Agency
- Inspections of Ships and Port Facilities
- Maritime and Port Maneuvers
- Construction, Repair, and Maintenance of Ships and Port Facilities
- Waste Management and Fumigation
- Safety and Hygiene
- Nautical Tourism
Within each category, there are different subdivisions of services that can be offered in the Panamanian territory.
For more information: Visit the AMP website
The requirements vary depending on the service that wants to be provided, however, the basic requirements for each operating license are:
- General information of the Legal Representative of the company: full name, identification number, address, telephone numbers, and email.
- General information of the company: full name, RUC number registered with the DGI, address, telephone numbers, and email.
- The object of the Operation License.
- Description of the activities to be developed.
- Name of the maritime and port areas where the service is intended to be provided.
- Value of the investment that is made or is intended to be made.
- Copy of the ID of the Legal Representative of the company.
- Copy of the Operation License of the company issued by the Ministry of Commerce and Industries (MICI).
- Certification from the Social Security Fund as an employer registered in the system.
- Original and valid certificate, issued by the Public Registry.
The Operation Licenses maintain a validity period of 10 years; however, a provisional permit can be obtained which will be valid for 3 months.
Provisional operation license
Validity period: 3 months
- The process takes from two to three weeks and our law firm will be in constant contact with the Maritime Authority in order to obtain the license as soon as possible.
- Depending on the type of service, the Maritime Authority requires inspections of the company before approving the provisional permit.
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Permanent operation license
Validity period: 10 years
- After submitting the requirements and presenting them to the Panamanian Maritime Authority, the process will take from three to four months. Our law firm will be in constant and effective contact with the Maritime Authority in order to obtain the license as soon as possible.
- The Maritime Authority begins with a documentary evaluation and if the documents are in order, it proceeds with the on-site inspection. Depending on the type of service, the Maritime Authority requires to do inspections of the company before approving the Operation License.
- At the end of the process, the company must submit a performance bond and a civil liability policy, in accordance with the provisions of Resolution J.D. No. 011-2019.
Order your permanent operation licenses
The Kraemer & Kraemer team has the knowledge and experience to provide you with the right legal advice on maritime matters. Contact us today!