When is Panama's annual franchise tax due, and what if it is late?
Last updated: Oct 21, 2026, 17:46 (UTC+08:00)
The tasa única is PAB 300 a year (the balboa is at par with the US dollar). A company registered between January and June pays by 15 July; one registered between July and December pays by 15 January. Late payment adds a PAB 50 surcharge, and after three unpaid years the company is suspended and pays a PAB 1,000 fine to be reinstated.
Source: Tasa Única, Dirección General de Ingresos, Ministerio de Economía y Finanzas, Panamá