Recently the Panamanian government proposed a new regime focused on attracting multinational companies involved in manufacturing, assembly, maintenance, remanufacturing and conditioning of products, R&D and logistics services to companies from within the same business group. This regime, called Manufacturing Services for Multinational Companies (MSM), or Régimen Especial para el Establecimiento y la Operación de Empresas Multinacionales para la Prestación de Servicios Relacionados con la Manufactura (EMMA) in Spanish, seeks to emulate the Multinational Companies Headquarters (SEM) regime, which has been praised for its pro-business characteristics.

The MSM regime will provide an opportunity to qualifying companies to be a part of Panama's logistic services ecosystem and take advantage of a wide variety of incentives.