Create Photographer 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.

Photographer Services to Invoice

  • Photo session
  • Image editing
  • Print sales
  • Digital delivery
  • Usage licensing
  • Travel fees
  • Rush delivery

Invoice Requirements in Panama

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

Payment Terms

50% deposit to book, balance before final delivery. Commercial work Net 30.

Contado15 días30 díasCrédito

Payment Methods in Panama

Bank TransferBanco GeneralBanistmoCredit CardCash USD

Photographer Invoice Tips

  • Specify usage rights
  • Include number of edited images
  • List prints/products
  • Detail travel fees
  • Reference contract

Frequently Asked Questions

What tax rate applies to photographer 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 photographers in Panama?

Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. 50% deposit to book, balance before final delivery. Commercial work Net 30.

What should photographer invoices include in Panama?

Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For photographer services specifically, also include: Photo session, Image editing, Print sales.

How should photographers structure invoices?

List session fee, edited images, prints, and licensing. Separate expenses from creative fees.

Should photographers include licensing?

Yes, always specify usage rights, duration, and scope. This protects your work.

What is Panama's ITBMS rate?

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