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Panama Tax Information

7% ITBMS

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

Massage Therapist Services to Invoice

  • Swedish massage
  • Deep tissue massage
  • Sports massage
  • Prenatal massage
  • Hot stone therapy
  • Chair massage
  • Couples massage

Invoice Requirements in Panama

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

Payment Terms

Payment at time of service. Packages and memberships paid in advance.

Contado15 días30 díasCrédito

Payment Methods in Panama

Bank TransferBanco GeneralBanistmoCredit CardCash USD

Massage Therapist Invoice Tips

  • Specify massage type
  • Include session duration
  • Note add-on services
  • Document package usage
  • Reference health intake

Frequently Asked Questions

What tax rate applies to massage therapist 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 massage therapists in Panama?

Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Payment at time of service. Packages and memberships paid in advance.

What should massage therapist invoices include in Panama?

Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For massage therapist services specifically, also include: Swedish massage, Deep tissue massage, Sports massage.

How should massage therapists price services?

Based on session length and massage type. Typically $60-$150+ per hour.

Should massage therapists offer packages?

Yes, packages encourage regular visits. Offer 5 or 10 session packages with discount.

What is Panama's ITBMS rate?

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