Tutor Invoice Generator for Panama
Create professional tutor invoices for clients in Panama. This free invoice generator combines tutor-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.
Tutor Services to Invoice
- Individual tutoring
- Group tutoring
- Test prep
- Homework help
- College counseling
- Online tutoring
- Subject specialization
Invoice Requirements in Panama
Payment Terms
Packages paid upfront. Individual sessions paid at time of service.
Payment Methods in Panama
Tutor Invoice Tips
- Specify subject/level
- Include session duration
- Note student name
- Reference lesson dates
- Track package usage
Frequently Asked Questions
What tax rate applies to tutor 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 tutors in Panama?
Common payment methods in Panama include: Bank Transfer, Banco General, Banistmo, Credit Card, Cash USD. Packages paid upfront. Individual sessions paid at time of service.
What should tutor invoices include in Panama?
Your invoice should include: RUC number, DGI registration, Client RUC, Invoice number. For tutor services specifically, also include: Individual tutoring, Group tutoring, Test prep.
How should tutors price their services?
Hourly rates based on subject, level, and experience. Offer package discounts.
Should tutors require packages?
Packages encourage commitment. Offer flexibility with package sizes.
What is Panama's ITBMS rate?
Panama applies 7% ITBMS on most goods and services. Higher rates for alcohol, tobacco, hotels. Exports exempt.