The General Directorate of Revenue (the “DGI”) of Panama issued Resolution No. 201-4488 dated June 4, 2025, launching a nationwide campaign for the mandatory update of the Taxpayer Identification Number (RUC) for all natural and legal persons in Panama.
The update must be completed through the DGI’s e-Tax 2.0 platform no later than August 31, 2025. Failure to comply may result in fines ranging from B/. 100.00 to B/. 500.00, suspension of the RUC, and restrictions on banking, commercial, and official transactions.
What information must be updated?
Taxpayers are required to review and, if necessary, update the following information:
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Taxpayer’s address
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Economic activity
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Source of income
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Contact information (telephone, mailing address, email, etc.)
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Updated legal representatives
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Identification of the appointed accountant
In the case of legal entities that do not operate in Panama, including corporations and private interest foundations with no local economic activity, we confirm that as your Registered Agents, our team will handle this obligation directly with the DGI.
No action is required on your part.
To facilitate compliance, we are sharing two practical guides published by the DGI:
