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Panama

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

Tax Rates

Corporate Tax

25%Verified Aug 58067

Effective Corporate Rate

25%

Capital Gains

10%

Personal Income (Top)

25%Verified Aug 58067

VAT

7%Verified Aug 58067

VAT Reduced Rates

10%, 15%

Dividend Withholding

10%Verified Aug 58067

Tax System

System Type

territorialVerified Aug 58067

Foreign Income Taxed

CFC Rules

Transfer Pricing

mediumVerified Aug 58067

TP Documentation Required

Yes

Incentives

IP Regime

NoneVerified Aug 58067

Crypto Tax

unclear

Participation Exemption

None

International

Total Treaties

18Verified Aug 58067

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