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Panama

Corp Tax: 25%Setup: 250 USDIncorporate: 5 daysData Quality: 63%

Tax Rates

Corporate Tax

25%Verified Feb 2026

Effective Corporate Rate

25%

Capital Gains

10%

Personal Income (Top)

25%Verified Feb 2026

VAT

7%Verified Feb 2026

VAT Reduced Rates

10%, 15%

Dividend Withholding

10%Verified Feb 2026

Tax System

System Type

territorialVerified Feb 2026

Foreign Income Taxed

CFC Rules

Transfer Pricing

mediumVerified Feb 2026

TP Documentation Required

Yes

Incentives

IP Regime

NoneVerified Feb 2026

Crypto Tax

unclear

Participation Exemption

None

International

Total Treaties

18Verified Feb 2026

Double Tax Agreements

Key Partners

Mexico, Barbados, Singapore, France, Ireland, Luxembourg, Netherlands, Spain, UAE, UK, Portugal, Czech Republic, Korea, Vietnam, Israel, Italy, Qatar

Exit Tax