Avoid expensive misclassification mistakes in Panama
Looking to grow your business in a new country and tap into a wider pool of talent? Hiring an independent contractor's a great way to go. You could run the risk of fines and penalties if you don't correctly classify a contractor since Panama treats contractors differently than a full-time employees.
Quickly bring on contractors in Panama
Just log into your Deel account and onboard independent contractors in Panama within minutes. We'll make sure you're compliant and manage everything from localized contracts and collecting tax documents to international payroll.
The best legal firms in Panama ensure you're always compliant
The best legal firms in Panama approve our contracts, assuring everything's compliant with local laws. From minimum wage and national holidays to termination conditions, you can be confident you have the most accurate and up-to-date information.
Fund payroll with one click in Panama
Use your preferred payment method to send mass payouts in 120 currencies with just a click. Teams can also choose to withdraw money using their preferred payment method. Everyone saves on currency conversions and wire transfer fees. It's a win-win for everyone.
Our guide to setting up as an independent contractor in Panama
Are you interested in the process of becoming an independent contractor in Panama We created a detailed guide outlining the registration process, documentation required, as well as the taxation system in Panama take a look.
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Deel is the best!!
“Deel is an amazing platform! It's super intuitive and user friendly, plus it runs suuuuper smoothly!! It has great options for paying and withdrawing money, plus it helps you keep super organized with your spending. They also have great support and are super friendly with all the questions you might have :D I would definitely recommend it!!”
A contracting life-changer!
"This has by far the singular tool that made my contracting work amazing. It used to be that contract management and payouts was a nightmare — Deel makes everything so easy especially with its Transferwise integration. Everyone gets paid on time and kept happy. I also contacted their support a couple of times for some small questions and they’ve been nothing short of amazing. If you’re a contractor or someone who hires contractors then definitely give Deel a go."
Great service offering!!
"The Deel platform has been super effective for my team and I and has enabled us to bring on workers globally. The platform allows us to onboard individuals seamlessly and with no issues at all. Highly recommend."
"Great service, amazing customer care, terrific platform, both for the company and for the contractors/employees. Saving everyone's time and money"
Deel is a game-changer for distributed teams
"Deel has been instrumental in helping us both open and operate our EU operations. It's super simple to set up and implement and the support team has been world-class. I can't recommend them enough!"
Great app with great customer service
"Great app with great customer service, with great attention to details and legal requirements. Looking forward to keep using it!"