We discussed in another article the advantages of Territorial Taxation, as opposed to Worldwide Taxation, and the fact that Panama is a country that applies Territorial Taxation.
Consequently, clients frequently ask whether they need to be residents of Panama to apply for a Tax Id.
In a nutshell, there are specific situation where the tax office (Direccion General de Ingresos) will allow you to apply for a Tax Id in Panama without being a resident. However for most scenarios we recommend having Panamanian residency to apply for a Tax Id
See Marcos Kraemer’s explanation in this video.