DO BUSINESS WITH US IN PANAMA

PMC Group is a registered corporation that offers administrative and legal services since 1989. It maintains a network of subsidiaries among them PMC International Management Corp. and PMC International Legal Services and a network of correspondents in the worlds most important cities.

Our services:

PMC International Management Corp., is an international company, specialized in offering administrative, financial, banking and accounting services in the Republic of Panama. We have more than fifteen year of experience providing financial and business service to investors interested in developing projects worldwide, which allow our clients to access and solve their business needs with more ease.

PMC International Legal Services, Attorney at Law Firm, properly constituted under the laws of Republic of Panama, offers our clients a complete range of legal service. We include office affiliated in Canada and in Italy as well as an extensive network of correspondents in the main financial centers of the world, allowing us to attend with quickness the request for legal service of our clients of North America and Europe.

Contact Info:

Ernesto Chong
info@pmcinternational.com
www.pmcinternational.com
World Trade Center building, 53rd. street, Urbanization Marbella, 8th. Floor, office No. 804, 805, 806
Postal address: 0832-1764, World Trade Center, Panama, Republic of Panama
Phone number: 507-302-9400; Fax number: 507-302-9401

INTEGRAL SERVICE - LEGAL AND INVESTMENT CONSULTANCY

We’ve teamed up to offer investors one-stop legal and investment services

In an effort to optimize investment opportunities and provide vital services to its clients, two successful, experienced businesses – Herdocia & Garcia Abogados (Lawyers) and Calvet & Associates Investment Strategies – have joined forces and will provide a variety of essential services for investors, particularly those interested in establishing free trade zone tenant companies or free trade zone operations companies in Nicaragua.

Herdocia & Garcia is a leading law firm in Nicaragua that has advised successful foreign and local clients since 1990. Herdocia & Garcia has also developed a highly specialized practice in foreign investments, particularly free trade zones, tourism, real estate and telecommunications. Herdocia & Garcia lawyers have in-depth experience in areas such as: tax law, investment law, corporations, property law, commercial arbitration, banking law, and litigation. The firm is committed to being a long-term partner with their clients. Through our premier legal practices and related services our attorneys and associates have the resources they need not only to meet our clients´ needs efficiently and effectively, but also to exceed their expectations.

Calvet & Associates Investments Strategies was created in 1999 to respond to the large increase in tourism development in Central America, particularly Nicaragua. Calvet & Associates provides sound investment advice based on real market and business knowledge. They have proven success and a corporate mission that focuses on what investors require from their business associates: trust, confidence and reliability. Calvet & Associates is the leading investment company in the country, specializing in assisting investors develop their business strategies, marketing planning and intelligence, fiscal benefits management, tax consulting, administrative management, financial analysis, environmental and technical consulting, feasibility studies, back office systems, and other activities related to investments.

We know what it takes to keep our clients ahead of the competition. And now we provide all the legal and investment advice you need for establishing a free trade zone tenant company or a free trade zone operating company in Nicaragua in one place.

Our services:

• Conformation of the commercial corporation or trading company.
• Registration of foreign corporations.
• Project presentation and handling of all pertinent documents to the National Commission on Free Trade Zones (CNZF).
• Leasing contracts.
• Legal representation.
• Strategic and technical advice on complying with and benefiting by the U.S. - Central America Free Trade Agreement - Dominican Republic (CAFTA-DR) as well as other free trade agreements ratified by Nicaragua.
• Financial advice.
• Business strategy development.
• Feasibility study creation.
• Accounting plan and procedure development that begins pre-investment and allows you to take advantage of incentive law.
• Tax strategy plan and design.
• Legal advice that begins at the company’s inception and includes the handling of the acts, books and company documents.

CAFTA-DR AND MARKET ACCESS

CAFTA – DR was ratified by the Nicaraguan National Assembly in October, 2005. This historic agreement creates the second largest free trade zone in Latin America for U.S. exports. Once implemented, CAFTA – DR will eliminate eighty percent of the tariffs immediately, with the remaining tariffs phased out over 10 years.

CAFTA – DR makes Nicaragua an attractive platform to export to the US.

Under this treaty, Nicaragua enjoys unique market access and tariff preference levels (TPL). Nicaragua is the only country covered in the pact to receive the TPL benefit, which means that up to 100 million square meters equivalents (SME) of fabric coming from any part of the world may be used to assemble garments in Nicaragua that will enjoy tariff-free access to the U.S.

According to World Trade Organization (WTO) requirements, Nicaragua will be one of the few countries in the world to offer fiscal incentives to exporters after 2008.

Also CAFTA-DR means free and immediate access of 100% of industrial goods and 95% of agricultural goods (i.e. fruits, vegetables, fish and sea food, furniture and wood products, leather, among others) and access through special quotas to other agricultural products such as sugar, peanuts, peanut butter, meat and dairy products.

The Herdocia & Garcia Abogados/ Calvet & Associates alliance utilizes the expertise of free trade agreement specialists to ensure clients receive the full benefits allowed under the terms of CAFTA – DR and other free trade agreements ratified by Nicaragua.

There has never been a better time to invest in Nicaragua. Let us help you invest wisely.

For more information contact us:

Ave. Jean Paul Genie, del club terraza 300 mts al este
Reparto Mirasol No. 1
(505) 255-0596/97; fax (505) 255-0590
herdocia@cablenet.com.ni
www.herdociaygarcia.com

Carretera Masaya, Embajada de Mexico 2 c. abajo
(505) 270-1320; cel.: (505) 882-3766; Fax (505) 270-0438
info@rcalvet.com
www.rcalvet.com

2005 © Herdocia & García Abogados.

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