Regulatory updates - Panama

With Resolution 201-6299, the DGI has narrowed the scope of taxpayers who can use the free invoicing tool under the national e-invoicing system.

New criteria for using the free invoicing tool:

• Taxpayers have an annual gross income of B/. 36,000.00 (ca. EUR 30,600) or less
• Taxpayers who issue a maximum of 100 documents per month

Taxpayers exceeding these thresholds must use an approved Qualified Authorised Provider. 

Starting 1 January 2025, all suppliers contracted by ACP must issue exclusively e-invoices.

Furthermore, DGI issued Resolution 201-3162, obliging taxpayers to issue only e-invoices for purchases done by the Electoral Tribunal (Sp.: Tribunal Electoral) as of 1 January 2025.

Both resolutions are available here (in Spanish).

Starting 1 March 2024, these taxpayers must transition to using electronic invoices exclusively.

For taxpayers holding a Certification of Exception for the Use of Fiscal Equipment with a set expiration date, an important notice is in place:

• As the set deadlines within the respective Exception expire, a seamless transition to the Panama Electronic Billing System is now required.

This shift aims to ensure ongoing compliance with regulatory requirements.

The Resolution 201-0418 is available here (in Spanish).