Create Event Planner 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.

Event Planner Services to Invoice

  • Event planning
  • Venue sourcing
  • Vendor coordination
  • On-site management
  • Corporate events
  • Private parties
  • Virtual events

Invoice Requirements in Panama

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

Payment Terms

Deposit to book, progress payments, balance before event.

Contado15 días30 díasCrédito

Payment Methods in Panama

Bank TransferBanco GeneralBanistmoCredit CardCash USD

Event Planner Invoice Tips

  • Reference event date/venue
  • Include planning fees separately
  • Note vendor pass-through costs
  • Document guest count
  • Specify deliverables

Frequently Asked Questions

What tax rate applies to event planner 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 event planners in Panama?

Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Deposit to book, progress payments, balance before event.

What should event planner invoices include in Panama?

Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For event planner services specifically, also include: Event planning, Venue sourcing, Vendor coordination.

How should event planners price services?

Flat planning fee, percentage of budget, or hourly. Corporate events often use flat fees.

Should planners pass through vendor costs?

Either pass through with markup (10-20%) or have client pay vendors directly.

What is Panama's ITBMS rate?

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