Government Compliance - Panama

Panama’s e-invoicing and reporting mandates for the hospitality sector. Learn about current and upcoming regulations, along with partner solutions for streamlined compliance.

E-Invoicing

Current Mandates:

E-invoicing in Panama is regulated by the Directorate General of Revenue (DGI), and it is mandatory for taxpayers who meet certain criteria.

• Before issuing e-invoices, the taxpayer must obtain an electronic signature (Firma Electronica Avanzada, FEA) from a certification authority authorized by the DGI. This signature will be used to sign the invoices electronically and guarantee their authenticity.
• The taxpayer generates the invoice in XML format using their invoicing software. The invoice must include specific information such as the taxpayer’s information, the buyer’s information, the invoice number, the date, the description of the products or services, and the total amount. The taxpayer signs the invoice electronically using their FEA.
• The signed electronic invoice is sent to the DGI’s portal for validation and processing. The DGI will validate the invoice and issue a unique validation code (Código único de Factura Electrónica, CUFE). The CUFE is a unique code that identifies the invoice and is required for subsequent transactions.
• The taxpayer delivers the electronic invoice to the buyer by email, electronic means, or any other agreed-upon means. The invoice must include the CUFE, which the buyer can use to verify the authenticity and validity of the invoice.
• The taxpayer must keep a copy of the electronic invoice and related documents for at least seven years.
• E-invoicing is mandatory for certain taxpayers in Panama, including those with an annual turnover of $500,000 or more.  
• Smaller taxpayers can also choose to use e-invoicing voluntarily (The DGI provides detailed guidelines and technical specifications for e-invoicing on its website).

Our partner solutions are accredited Qualified Authorization Providers (PAC) that are able to ensure that you are compliant with the requirements for E-Invoicing in Panama. Our certified partner pulls invoice information from Cloudbeds and allows you to generate compliant invoices within their system that comply with the technical requirements of the DGI  including applying the electronic signature.

Partner Solutions:

• Panafacturas 
• AG Tech Hospitality 

Fiscalisation Receipts

Current Mandates: No current or upcoming mandate.

Statistical Reporting

Current Mandates: No current or upcoming mandate.

Guest Reporting

Current Mandates: No current or upcoming mandate