Life Coach Invoice Generator for Panama
Create professional life coach invoices for clients in Panama. This free invoice generator combines life coach-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.
Life Coach Services to Invoice
- Discovery session
- Coaching session
- Intensive day
- Group coaching
- Online course
- Accountability program
- VIP retainer
Invoice Requirements in Panama
Payment Terms
Programs paid in full or payment plan. Single sessions paid before booking.
Payment Methods in Panama
Life Coach Invoice Tips
- Reference program name
- Include session dates
- Note homework/resources
- Document progress milestones
- Track package completion
Frequently Asked Questions
What tax rate applies to life coach 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 life coachs in Panama?
Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Programs paid in full or payment plan. Single sessions paid before booking.
What should life coach invoices include in Panama?
Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For life coach services specifically, also include: Discovery session, Coaching session, Intensive day.
How to price coaching?
Package-based pricing $1,500-10,000+ for 3-6 month programs. Value-based, not hourly.
Should coaches offer single sessions?
Packages preferred for commitment. Offer single session as intro or premium option.
What is Panama's ITBMS rate?
Panama applies 7% ITBMS on most goods and services. Higher rates for alcohol, tobacco, hotels. Exports exempt.