Tax Planning · Panama · Ex-DGI Expertise

Panama Tax Planning —
Legal Tax Optimization
for Businesses

Expert Panama tax planning combining territorial tax system advantages, transfer pricing compliance and fiscal residence strategies. Former DGI official.

Why Góndola & Góndola
  • Panama territorial tax system
  • Transfer pricing — Form 930 documentation
  • Fiscal residence for individuals and companies
  • DGI defense and audit support
  • BEPS compliance and country-by-country reporting
  • Cross-border tax structure optimization
Our Expertise

Why Góndola & Góndola

Panama's territorial tax system taxes only income generated within Panama. Foreign-source income — dividends, interest, royalties from abroad — is not subject to Panama income tax, creating unique planning opportunities.

Our founding attorney served as a DGI official with specialized transfer pricing experience. This gives us unparalleled insight into how Panama's tax authority assesses and challenges taxpayers.

Ex-DGI Official

Deep insight into Panama's tax authority processes.

Cornell University MPA

Master in Public Administration — law, economics and policy.

Direct partner access

You always deal directly with the attorney handling your case.

Panama Bar No. 17,005

Licensed attorney in the Republic of Panama.

0%
Foreign Income Tax
25%
Corporate Rate
930
TP Form
DGI
Tax Authority

"Panama tax planning is not a loophole strategy — it's a legitimate use of one of the world's most transparent and internationally recognized territorial tax systems."

— Lic. José Manuel Góndola Escudero · Idoneidad No. 17,005
Services

What we provide.

Territorial Tax Planning

Structuring income flows to optimize use of Panama's territorial tax exclusion.

Transfer Pricing Documentation

Form 930 preparation, intercompany pricing analysis and contemporaneous documentation.

Fiscal Residence

Panama fiscal residence for individuals and companies. SEM and multinational headquarters.

DGI Audit Defense

Representation and defense before Panama's DGI in tax audits and assessments.

BEPS Compliance

Country-by-country reporting, substance requirements and BEPS implementation.

Tax Structure Review

Review of existing structure for optimization opportunities and compliance gaps.

Process

How we work.

01

Tax Position Analysis

We analyze your current structure, income flows and tax position in Panama.

02

Planning Strategy

Design of legal tax optimization strategy based on Panama law and treaties.

03

Implementation

Documentation, filings and structural adjustments to implement the plan.

04

Ongoing Compliance

Annual transfer pricing documentation, DGI filings and monitoring.

Cases

Matters we handle.

Multinational using Panama holding

Routing dividends from Latin American subsidiaries through Panama holding tax-efficiently.

Holding Tax

Individual relocating to Panama

Establishing Panama fiscal residence to access territorial tax treatment on foreign income.

Fiscal Residence

Transfer pricing defense

Defending Form 930 assessment with technical economic analysis before the DGI.

TP Defense
FAQ

Questions answered.

What is Panama's territorial tax system?

Panama only taxes income sourced within Panama. Income earned abroad — dividends, interest, royalties — is not subject to Panama income tax.

Who needs to file Form 930?

Companies with related-party transactions exceeding B/.3 million must file Form 930 with contemporaneous transfer pricing documentation.

What is Panama's corporate income tax rate?

The standard rate is 25%. Specific regimes like Multinational Headquarters (SEM) offer reduced rates.

Can individuals become Panama tax residents?

Yes. Panama fiscal residence can be obtained through various visa and residency categories. Panama residents are taxed only on Panama-source income.

Does Panama have tax treaties?

Panama has a growing network of double taxation treaties and Tax Information Exchange Agreements (TIEAs).

Get in Touch

Optimize your
Panama tax position.

Confidential consultation. We assess your structure and identify legal optimization opportunities.

Office

Torre Banesco, P19 · Panamá