Stay Penalty‑Free and Save Thousands With a Financial Tax Advisor in Panama

Cut your tax bill by 25% through smart financial planning.

Moving to Panama is exciting, but understanding how taxes work can be overwhelming. Many expats are unsure how to report foreign income, how to benefit from Panama’s territorial tax system, or how to plan for future investments. This is where having the right advisor for your financial tax in Panama makes a big difference

What You Can Expect From Financial Advisor Guidance

When you work with a trusted financial tax advisor panama, you get more than basic help with numbers. You receive clear direction on managing income, organizing records, and planning ahead. They explain complex rules in simple terms, spot opportunities you might miss, and guide every decision with your long‑term goals in mind.

Why You Need a Tax and Financial Advisor in Panama

Panama offers attractive opportunities for investors, entrepreneurs, and residents, but its tax rules require careful attention. A knowledgeable financial advisor helps you:

  • Minimize your tax bill legally and avoid double taxation.
  • Organize your income, investments, and assets efficiently.
  • Keep up with local and international regulation changes.
  • File every document accurately and on time to stay penalty‑free.

How Tax Advisor Planning Creates Long‑Term Benefits

A good plan is not just about this year’s return, it is about your financial future. With financial tax planning services, you gain:

  • A clear map of all income streams and what Panama considers taxable.
  • Guidance on property sales, capital gains, and retirement funds.
  • Strategies that fit both Panama’s system and your home country’s rules.

This forward‑looking approach helps you build lasting wealth without unpleasant surprises.

Smart Tax and Financial Solutions That Drive Long‑Term Growth

Many professionals only focus on paperwork. A team offering full tax and financial planning services delivers solutions that add real value:

  • Guidance when starting a business in Panama.
  • Support in preparing residency‑related tax documents.
  • Structuring assets to lower your tax exposure.
  • Clear, step‑by‑step explanations in English.

Required Documents to Work With a Financial Tax Advisor in Panama

  • Valid passport
  • Panama residency card (if applicable)
  • National ID from your country of origin (optional)
  • Overview of global income sources (employment, business, pensions, etc.)
  • List of real estate, vehicles, or significant assets (Panama or abroad)
  • Most recent tax returns (Panama and/or home country)
  • Supporting income documents (W-2s1099s, salary slips, dividend statements, etc.)
  • Business registration or company structure documents (if applicable)
  • Profit and loss statements or financial reports (if applicable)
  • Investment contracts or partnership agreements
  • Visa or residency permit documentation
  • Tax-related documents from immigration processes (if any)
  • Retirement or pension fund information (if applicable)
  • Trust or estate planning documents (if applicable)
  • Crypto investment reports or foreign bank statements (if applicable)

How a Financial Tax Specialist Protects Your Wealth

A financial tax planner specialist is more than an accountant. They act as a trusted advisor who works alongside you:

  • They design a personal tax strategy aligned with your goals.
  • They help plan real estate deals, investments, and trusts legally.
  • They review filings often, spotting opportunities early.
  • They stay available year‑round, not just during tax season.

Steps to Apply for Residency in Panama

The process is straightforward when you work with experts. By law, you are required to hire a licensed Panamanian lawyer to represent you in all immigration matters.

Over 15 years of experience
Sucessful Clients
Zero Percent Visa Denials

Hire An Immigration Attorney

Hire a lawyer to guide you through the legal process.

Prepare Your Documents

Prepare and apostille your documents with our assistance.

Submit Application

Submit your application and attend biometrics in Panama.

Receive Temporary Card

Receive your temporary card and later your permanent residency if applicable.

The Professional Leading Your Tax Planning

A seasoned expert with deep knowledge of international and local tax laws, guiding your planning with precision and trust.

 
Immigration attorney at Agroup
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Dagmar H.

Immigration Attorney

Immigration Attorney
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Luis A.

Paralegal

Panama´s Top Immigration Attorneys
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Ana D.

Immigration Attorney

Top Benefits of Having a Skilled Tax Advisor on Your Side

Choosing professional tax guidance in Panama offers you these important advantages:

  • Reduced payments through legal deductions.
  • On‑time filings that prevent penalties.
  • Tailored advice for business or personal finances.
  • Confidence that your wealth is protected by local expertise.
What Our Clients Are Saying About Their Experience With Us
Hear from those who have experienced our exceptional services.
Google Review
Daniel Golden Visa review
Daniel

UK

“Applied for the Golden Visa in Panama and had a great experience. The lawyer Agroup connected me with was sharp, efficient, and knew exactly what to do. Everything was handled professionally. Thank you.”
 
Melissa Panama golden visa review
Melissa

USA

“I applied for permanent residency in Panama and a friend recommended Agroup. They were professional, responsive, and really knew the visa process well.”
Gordon's Golden visa in panama review
Gordon

Canada

“This firm helped me a lot with my visa process. Clear communication, no surprises, and they really made the process easy.”

Frequently Asked Questions

1. Do I have to pay taxes in Panama on income earned outside the country?

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.

4. How to find the best tax advisor?

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.

Take the First Step Toward Smarter Tax Planning

Ready to simplify your finances and protect your wealth in Panama? Contact Agroup Consulting today for clear, reliable guidance you can trust.