Tax Registration in Panama
Registration of the entity with the DGI — obtaining the RUC (tax ID) within the month following its Registro Público inscription, and registering for ITBMS (Panama's VAT) where the entity makes taxable Panama supplies. Registration puts the entity into a TERRITORIAL system: legal entities pay income tax at 25% on net taxable Panama-source income only, and foreign-source income of a Panama entity is exempt, so a purely offshore holding entity has no Panamanian income-tax charge (and, making no Panama supplies, no ITBMS obligation) — but it still owes the annual Tasa Única and must keep accounting records. Filings are in Spanish.
5–15 business days
USD
What we will need from you
Upload these once. They are stored encrypted and reused across every service you buy from us.
Registro Público inscription details and the registered pacto social
Resident agent and legal-representative details
Business activity and expected Panama-source revenue
Determines whether ITBMS registration and electronic invoicing apply at all.
Cost breakdown
Our fee and the government’s are always separate lines. Government fees are passed through at exactly what the authority charges — we add nothing to them.
| RUC / ITBMS registration feeConfirm on dgi.mef.gob.pa. | Confirmed before payment |
| Comriq professional fee | Fixed fee within 1 business day |
How it runs
You will see these exact stages update in your client portal as we progress.
RUC Issued
The entity is registered with the DGI and its RUC is issued — due within the month following the Registro Público inscription.
ITBMS Registered
Where the entity makes taxable Panama supplies, it is registered for ITBMS. The reported B/.36,000 revenue threshold and 7% standard rate were not confirmed from a DGI page — checked at registration.
Electronic Invoicing Enabled
Where the entity will invoice for Panama activity, it is enrolled for the Sistema de Facturación Electrónica de Panamá, through the DGI's free invoicer or an authorised provider (PAC). Not applicable to a purely offshore holder with no Panama billing; the regime's thresholds were not confirmed from a DGI page.
Indicative guidance — confirmed before payment
Requirements and statutory fees are set by Dirección General de Ingresos (DGI), Ministerio de Economía y Finanzas — RUC and ITBMS and change without notice. This page is general information, not legal or tax advice. Your engagement letter and quote are the binding documents.