Therapist Invoice Generator for Panama
Create professional therapist invoices for clients in Panama. This free invoice generator combines therapist-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.
Therapist Services to Invoice
- Individual therapy
- Couples therapy
- Family therapy
- Group therapy
- Assessment sessions
- Crisis intervention
- Telehealth sessions
Invoice Requirements in Panama
Payment Terms
Payment at time of service. Insurance claims filed separately if applicable.
Payment Methods in Panama
Therapist Invoice Tips
- Include CPT codes
- Note session duration
- Reference diagnosis codes
- Document session dates
- Meet HIPAA requirements
Frequently Asked Questions
What tax rate applies to 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 therapists in Panama?
Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Payment at time of service. Insurance claims filed separately if applicable.
What should therapist invoices include in Panama?
Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For therapist services specifically, also include: Individual therapy, Couples therapy, Family therapy.
What should therapy invoices include?
Provider info, NPI number, CPT codes, diagnosis codes, session dates, and fees. Meet insurance requirements.
How do therapists handle insurance?
Create superbills for clients to submit. Or file claims directly if in-network. List insurance vs. self-pay rates.
What is Panama's ITBMS rate?
Panama applies 7% ITBMS on most goods and services. Higher rates for alcohol, tobacco, hotels. Exports exempt.