Hire employees in Panama with Employer of Record (EOR)
Employ, pay and manage talent in Panama without setting up a local entity.
Country Snapshot
Currency
PAB
Timezone
UTC-5
Minimum Wage
3.13 PAB/Hour
Payroll Frequency
Monthly
Employment Type
Full-time
Panama is a regional logistics and financial hub in Central America.
General Information
Employment Laws
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Leave Entitlements
Social Security
CSS (Social Security Fund)
Don't have a local team yet?
Gini Talent can recruit qualified candidates and employ them through EOR in Panama.
Taxation
Territorial tax system
Termination Rules
Notice + severance mandatory
No mandatory bonus
Additional Information
EOR arrangements in Panama require compliance with labor laws covering contracts, social security enrollment, and statutory benefits. Payroll administration includes mandatory contributions and regulated deductions. Termination procedures are formalized and may involve severance obligations. Labor enforcement is active. An EOR ensures compliant employment administration.
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Launch your Panama team without setting up a local entity.