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Leg up for Panama’s microbusinesses

PANAMA is looking to incorporate into the formal sector 185,000 micro businesses who have annual sales of less than $150,000 reports CentralAMericaData.
The Cabinet of the Presidency has given approval to a bill that creates Limited Liability for Microenterprises (‘Microempresa de Responsabilidad Limitada‘ or MRL) and provides incentives for the inclusion of the informal sector in the formalized economy and

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