Architect Invoice Generator for Panama
Create professional architect invoices for clients in Panama. This free invoice generator combines architect-specific billing practices with Panama's tax requirements (7% ITBMS) and preferred payment methods like Bank Transfer and Banco General.
Free, no registration required. Your data stays in your browser.
Panama Tax Information
ITBMS is 7% (10% for alcohol/tobacco). No income tax on foreign income. RUC required.
Architect Services to Invoice
- Schematic design
- Design development
- Construction documents
- Permit drawings
- Site planning
- Interior architecture
- Project management
Invoice Requirements in Panama
Payment Terms
Phase-based billing. Percentage at each milestone. Retainer for ongoing projects.
Payment Methods in Panama
Architect Invoice Tips
- Reference project phases
- Include deliverables per phase
- Note reimbursable expenses
- Document design changes
- Track percentage complete
Frequently Asked Questions
What tax rate applies to architect 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 architects in Panama?
Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Phase-based billing. Percentage at each milestone. Retainer for ongoing projects.
What should architect invoices include in Panama?
Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For architect services specifically, also include: Schematic design, Design development, Construction documents.
How should architects bill for projects?
Percentage of construction cost, fixed fee by phase, or hourly. Phase-based is standard.
What about design changes?
Include scope of changes and bill as additional services beyond original scope.
What is Panama's ITBMS rate?
Panama applies 7% ITBMS on most goods and services. Higher rates for alcohol, tobacco, hotels. Exports exempt.