Create Animator Invoice in PAB →

Free, no registration required. Your data stays in your browser.

Panama Tax Information

7% ITBMS

ITBMS is 7% (10% for alcohol/tobacco). No income tax on foreign income. RUC required.

Animator Services to Invoice

  • 2D animation
  • 3D animation
  • Motion graphics
  • Character animation
  • Explainer videos
  • Logo animation
  • Storyboarding

Invoice Requirements in Panama

RUC number
DGI registration
Client RUC
Invoice number
ITBMS (7%)
Total in PAB/USD

Payment Terms

30% upfront, 40% at animatic, 30% on delivery. Complex projects use milestones.

Contado15 días30 díasCrédito

Payment Methods in Panama

Bank TransferBanco GeneralBanistmoCredit CardCash USD

Animator Invoice Tips

  • Specify animation length
  • Include revision rounds
  • Note complexity level
  • Reference style frames
  • Document render specs

Frequently Asked Questions

What tax rate applies to animator invoices in Panama?

Panama has 7% ITBMS. ITBMS is 7% (10% for alcohol/tobacco). No income tax on foreign income. RUC required.

What payment methods are common for animators in Panama?

Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. 30% upfront, 40% at animatic, 30% on delivery. Complex projects use milestones.

What should animator invoices include in Panama?

Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For animator services specifically, also include: 2D animation, 3D animation, Motion graphics.

How should animators price their work?

Per second of animation, project-based, or day rate. Factor in complexity and style.

What should animation invoices include?

Animation duration, style, complexity level, revisions, and deliverable formats.

What is Panama's ITBMS rate?

Panama applies 7% ITBMS on most goods and services. Higher rates for alcohol, tobacco, hotels. Exports exempt.