Get Guidance That Pays Off From a Leading Business Tax Accountant in Panama

Over 85% of our Panama clients save money on taxes in their first year.

Running a business in Panama comes with unique opportunities, and complex tax rules. Whether you are starting a new company or growing an existing one, having the right tax accountant for your business in Panama professionals on your side is essential. Our business accounting firms delivers expert guidance for local and international companies so you can stay compliant, reduce risks, and focus on growth.

Why Businesses in Panama Need Professional Tax Support

Panama’s tax system is investor‑friendly but also heavily regulated. Law 52 of October 27, 2016 requires companies to maintain accounting records and documentation to prove their taxable activities. Failing to meet these standards can lead to penalties and delayed filings.

A dedicated business tax accountant in Panama can help you:

  • Understand annual filing obligations
  • Prepare and lodge accurate returns
  • Avoid late fees and unnecessary audits
  • Plan ahead for international tax strategies

Why Your Business Needs Skilled Accounting Support for Taxes

Choosing the right business tax professional is more than just hiring someone to file business tax return documents. A good partner provides full‑spectrum support, such as:

  • Hire an accountant for your business to handle filings, records, and compliance from the very beginning.
  • Preparation and review of business income tax return filings to ensure accuracy and full compliance.
  • Guidance on amended business tax returns when corrections or updates are required.
  • Advice on IRS business tax extensions with step‑by‑step help on how to file a business tax extension online.
  • Strategic planning for small business tax filing to maximize deductions and minimize liabilities.
  • Comprehensive small business accounting and tax services that keep your records organized and your business on track.
 

You also gain help with:

  • LLC business tax filing return and compliance
  • Business tax return preparation and estimated business tax return cost
  • Clear steps for filing taxes as a business owner

How Our Services Make Taxes Easier and Smarter

We go beyond basic accounting. We act as your trusted advisors, helping with:

  • Business tax consulting and planning
  • Strategies for small business tax and accounting
  • Guidance on business tax return due deadlines
  • Online business tax filing and support for business tax return online submissions
  • Handling a business tax return extension or lodge business tax return quickly
  • Full-service support from a dedicated business tax preparer to handle filings and extensions.

With us, you don’t just hire an accountant for business taxes, you gain an entire team focused on your success.

Expert Business Tax Accountant Services to Keep You Compliant

We bring together auditors, tax consultants, and business advisors who work side by side with you, ensuring your company stays compliant, efficient, and ready to grow.

A. Branly

Founder

I am a self-motivated and self-taught professional who likes to solve problems.

A. Branly

Founder

I am a self-motivated and self-taught professional who likes to solve problems.

A. Branly

Founder

I am a self-motivated and self-taught professional who likes to solve problems.

Accounting and Tax Services for Every Stage of Your Business

Our Large and Small business tax specialist:

  • Small business tax preparation support
  • Small business accounting and tax services
  • Assistance for small business tax advisors and small business tax consultant needs
  • Expertise in large and small business tax CPA and business accounting and taxation regulations
 

We also assist if you need:

  • Prepare business federal tax return filings
  • Handle IRS business filing requirements
  • Manage CRA business tax return issues for cross‑border investors

See What Our Clients Are Saying About Us

Hear from those who have experienced our exceptional business accounting services.

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Carlos E.
,
41, Panama City
Before working with Agroup Consulting, I was always worried about whether my filings were done correctly. Their team not only fixed old errors but also showed me how to plan ahead for future quarters. Now I have peace of mind knowing everything is compliant and well organized.
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MarĂ­a L.
,
36, ColĂłn
As someone running a small import business, I needed more than basic bookkeeping. Agroup’s accountants guided me through every tax step and explained the rules in a way that made sense. They’ve become an essential part of how I manage my finances.
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Jonathan K.
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48, Investor
We recently opened a branch in Panama and had no idea about local tax regulations. Their consultants prepared our records, coordinated with our team abroad, and helped us avoid penalties. They turned a stressful process into a smooth one.
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Elena R.
,
34, Panama Oeste
Our construction company needed clear advice on payroll and ITBMS filings. Agroup Consulting delivered detailed plans and even trained our internal staff. It feels like they’re part of our own accounting department rather than an outside firm.

Ready to Stay Compliant and Protect Your Profits?

Better business tax and accounting support leads to better decisions. From small business tax filing online to guidance on local and international regulations, we make sure you never miss a deadline and always understand your numbers.

Why Small Business Tax Accountants Matter in Panama?

Small businesses face unique challenges in Panama’s tax system. Our dedicated small business tax accountants help entrepreneurs and SMEs with:

  • Affordable tax filing and compliance
    Planning to reduce tax liabilities
    Clear guidance for business owners without in-house teams

Frequently Asked Questions

1. What is the deadline for a business tax return in Panama?

In Panama, most companies must file their annual business income tax return by March 31 following the fiscal year. Missing this deadline can result in penalties, interest, and audits. Our team helps you stay on track and can guide you on filing a business tax return extension if needed.

Yes. Panama allows online business tax filing through its tax authority platform. A trusted business tax accountant ensures your documents, accounting records, and payment confirmations meet Law 52 standards before submission, so your return is accepted without errors or delays.

While not legally required, having a professional who understands local regulations is strongly recommended. A skilled business tax accountant manages filings, advises on deductions, and ensures your business tax return preparation aligns with Panamanian law, saving you time and reducing costly mistakes.

The Corporate Tax Rate in Panama is 25%. Historically, it has ranged from 37% in 1998 down to the current 25% since 2011. This rate applies to taxable income generated in Panama, as regulated by the General Directorate of Revenues.

No. Both residents and non‑residents must file taxes in Panama, but only Panama‑sourced income is taxable. Foreign‑earned income is not subject to Panamanian taxes, which makes the country attractive for international entrepreneurs and investors.

All accounting records must be kept in Spanish. Companies must maintain a general journal, general ledger, minute book, and stock register. For commercial activities, a general diary and general ledger are required to remain compliant with Panamanian law.

Ready to Start Saving on Your Business Taxes in Panama?

Let our best business accountants guide you from your first filing to ongoing compliance, fast, secure, and stress-free.

Initial Contact

  • Send us your documents for pre-review.
  • Takes 4–6 weeks to prepare everything before the trip.

First Trip to Panama

  • Attend your appointment with our office.
  • Photo session at Immigration and submission of your application.
  • Receive temporary ID and multiple-entry visa.

Processing Time

  • Your file is reviewed by Immigration (3–4 months).
  • We collect your resolution for you—no action needed from your side.

Second Trip to Panama

  • Final photo session for permanent ID.
  • You receive your official residency card.