How do I transfer a Panama commercial licence to a new owner after selling my shop?

In Panama
Last Updated: Apr 11, 2026
I’m selling my small retail shop in Panama City and the buyer wants the existing commercial licence transferred. What steps and documents are required, and can the business keep operating during the change? I also want to know typical timelines and fees.

Lawyer Answers

KOVALENKO & VERA Abogados. Attorneys at Law

KOVALENKO & VERA Abogados. Attorneys at Law

Apr 11, 2026
1) if the commercial license is under a company you need to make all the changes first in the public register and then change the license in the ministry of commerce. Also need to change the user in panama emprende.
2) If the commercial license is just under a personal register you only need to change the information and user in panama emprende.
3) Beside that, you need to check how is the status in the city hall and DGI taxes, just to avoid pending payments.

Any further details let us know
thanks
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