BTA Consultores

BTA Consultores is a Panama-based accounting firm that offers payroll and human resources outsourcing to companies that prefer not to run an in-house payroll department. The firm notes that outsourcing is particularly cost-effective for smaller businesses, including those with fewer than 20 employees.

Its payroll administration covers weekly or biweekly payroll preparation, calculation of legal withholdings for income tax, educational insurance and social security, and overtime calculations including holiday surcharges and hours exceeding daily or weekly limits. The firm also prepares the pre-elaborated SIPE payroll, the monthly salary summary for the Dirección General de Ingresos (Planilla 03), and worker settlements arising from contract termination, resignation, dismissal or mutual agreement, together with review and advice on labour compliance.

Beyond payroll, BTA Consultores handles human capital management, including the search, selection and recruitment of staff for open positions, as well as seminars and staff training. The firm can be contacted by email or by telephone in Panama.