Circulation Tax (License Plate) in Panama

Overview

The circulation tax is based on the type of vehicle: motorcycle, private car, trailer, truck depending on the number of passengers and gross vehicle weight. It is settled on an annual basis and the minimum is US $ 1.00 to US $ 242.00, which corresponds to a crane with more than 24 metric tons of gross vehicle weight.

More about corporate taxes

General information
ITBMS (VAT)
Business license

Single rate (Tasa única)
Municipal taxes
Label tax

Social security
Tax incentives

Contact us

The Kraemer and Kraemer team has the knowledge and experience to answer your tax questions. Contact us for more information on corporate taxes.