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Panama Tax Information

7% ITBMS

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

Pet Groomer Services to Invoice

  • Full groom
  • Bath & brush
  • Nail trim
  • Ear cleaning
  • Teeth brushing
  • De-matting
  • Breed-specific cuts

Invoice Requirements in Panama

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

Payment Terms

Payment due at pickup. Packages prepaid. Late pickup fees may apply.

Contado15 días30 díasCrédito

Payment Methods in Panama

Bank TransferBanco GeneralBanistmoCredit CardCash USD

Pet Groomer Invoice Tips

  • Note pet name and breed
  • Include services performed
  • Document add-on treatments
  • Reference regular schedule
  • Track package usage

Frequently Asked Questions

What tax rate applies to pet groomer 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 pet groomers in Panama?

Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Payment due at pickup. Packages prepaid. Late pickup fees may apply.

What should pet groomer invoices include in Panama?

Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For pet groomer services specifically, also include: Full groom, Bath & brush, Nail trim.

How to price grooming?

By breed size and coat type. Small dogs $30-50, medium $50-70, large $70-100+.

Charge for matting?

Yes, charge additional de-matting fee based on severity. Warn clients upfront.

What is Panama's ITBMS rate?

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