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Panama Tax Information

7% ITBMS

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

Technical Writer Services to Invoice

  • API documentation
  • User manuals
  • Knowledge base
  • Release notes
  • Technical guides
  • Process docs
  • Help content

Invoice Requirements in Panama

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

Payment Terms

Per word, per page, or project-based. Include research time in pricing.

Contado15 días30 díasCrédito

Payment Methods in Panama

Bank TransferBanco GeneralBanistmoCredit CardCash USD

Technical Writer Invoice Tips

  • Specify word count or pages
  • Include revision rounds
  • Note research time
  • Reference doc standards
  • Track SME interviews

Frequently Asked Questions

What tax rate applies to technical writer 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 technical writers in Panama?

Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Per word, per page, or project-based. Include research time in pricing.

What should technical writer invoices include in Panama?

Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For technical writer services specifically, also include: API documentation, User manuals, Knowledge base.

How to price technical writing?

Per word ($0.15-$0.50), per page ($50-$150), or hourly for complex content.

Should research be billed?

Yes, technical research is significant work. Include in project rate.

What is Panama's ITBMS rate?

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