Panama Invoice Template
Generate Panamanian invoices in balboas with 7% ITBMS calculated automatically.
Tax note: Panama’s VAT (ITBMS) standard rate is 7%, with higher rates of 10% and 15% on alcohol, tobacco and certain services. E-invoicing through the DGI is being adopted nationwide. The standard rate is 7% — verify with your local tax authority as rates change. Rates change — verify with your local tax authority.
Your business
Bill to
Document details
Line items
Currency, tax & discount
Notes
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INVOICE
From
Your business details will appear here.
Bill to
Client details will appear here.
| Description | Qty | Rate | Amount |
|---|---|---|---|
| — | 1 | $0.00 | $0.00 |
| Subtotal | $0.00 |
| VAT (7%) | $0.00 |
| Total due | $0.00 |
What a Panama invoice must include
- Show your RUC tax registration number
- Apply 7% ITBMS (or 10%/15% where applicable) as a separate line
- Issue invoices via DGI-authorized e-invoicing or fiscal equipment
- Include buyer RUC on B2B invoices where required
- Use sequential invoice numbering
- Issue invoices in Balboas (PAB), in Spanish
Frequently asked questions
What tax applies on invoices in Panama?
Panama’s VAT (ITBMS) standard rate is 7%, with higher rates of 10% and 15% on alcohol, tobacco and certain services. E-invoicing through the DGI is being adopted nationwide. The standard rate is 7% — verify with your local tax authority as rates change.
What must a Panama invoice include?
The essentials are: Show your RUC tax registration number; Apply 7% ITBMS (or 10%/15% where applicable) as a separate line; Issue invoices via DGI-authorized e-invoicing or fiscal equipment. See the full checklist below.
Is this template free?
Yes — the Panama invoice generator is free, with no signup and no watermarks. Your data never leaves your browser.
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