Compliance updates - Panama

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements for Panama.
13 February 2023

Further timeline extension for certain operators in Panama

The Ministry of Finance of Panama published a new decree, which extends the timelines for specific taxpayer groups to implement the electronic invoicing system of Panama – SFEP (Sp.: “Sistema de Facturación Electrónica de Panamá”).

25 January 2023

Panama extends deadlines for specific taxpayers to comply with B2G e-invoicing rules

On 1 December 2022, the DGI published Resolution No. 201-8793 allowing more time for e-invoicing adoption among suppliers to public entities.

20 July 2022

Panama obliges more taxpayers to comply with the e-invoicing mandate

On 29 June 2022, the Republic of Panama published Executive Decree no. 25 in the Official Gazette. The Decree establishes a schedule for different taxpayers and operations to comply with the e-invoice issuing requirements for authorized fiscal equipment or the national e-invoicing system (SFEP), as per Law No. 256 from 26 November 2021.

17 November 2021

E-invoicing to become mandatory for certain Panamanian taxpayers

The National Assembly of Panama has published a new Law, amending Law 76 from 1976 in reference to the invoicing system. This step paves the way for countrywide implementation of the electronic invoicing system, SFEP.

28 May 2021

Panama will implement delegated clearance as a CTC model

As we mentioned in the previous update, Panama has the intention to implement an electronic invoicing regime.

6 April 2021

Voluntary e-invoicing adoption in Panama

As most of the countries, the government of Panama has taken measures to avoid tax evasion and increase tax collection. For that reason, the DGI - the General Revenue Directorate (Span.: Dirección General de Ingresos) - launched the e-invoicing project in 2016.

Country Specifications

E-Invoicing/CTC Model:


Mandatory Infrastructure:

– Certified service providers (PAC) for large companies; – SAT for small companies

Mandatory Format:

Local XML

Mandatory for Issuing:


Mandatory for Receiving:




Archiving Period:

5 years

Archiving Abroad:

Allowed under conditions

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