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Panama Tax Information

7% ITBMS

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

Dog Walker Services to Invoice

  • 30-min walk
  • 60-min walk
  • Group walk
  • Private walk
  • Potty break
  • Pet sitting
  • Puppy visits

Invoice Requirements in Panama

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

Payment Terms

Weekly billing for regular clients. Pet sitting paid in advance.

Contado15 días30 díasCrédito

Payment Methods in Panama

Bank TransferBanco GeneralBanistmoCredit CardCash USD

Dog Walker Invoice Tips

  • Note walk times
  • Include pet names
  • Document special instructions
  • Reference key/access
  • Track recurring schedule

Frequently Asked Questions

What tax rate applies to dog walker 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 dog walkers in Panama?

Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Weekly billing for regular clients. Pet sitting paid in advance.

What should dog walker invoices include in Panama?

Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For dog walker services specifically, also include: 30-min walk, 60-min walk, Group walk.

Dog walking rates?

$15-35 per 30-min walk depending on location. Private walks premium.

Group vs private?

Group walks cheaper ($15-25). Private walks premium ($25-40). Client preference.

What is Panama's ITBMS rate?

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