Panama has implemented new tax obligations that directly impact businesses, independent professionals, and entities considered “obligated subjects.” With the entry into force of Resolution 201-4488, keeping your RUC updated with the General Directorate of Revenue (DGI) is not only good practice: it’s a mandatory legal requirement.
What’s at risk if you don’t act?
At LAC LEGAL, we have identified the three main risks for those who fail to comply with this regulation:
- Financial fines that can escalate rapidly
- Immediate blocking of the RUC, affecting your tax operations
- Legal obstacles that can stop contracts and tenders
These effects not only generate financial losses, but also undermine trust with customers, partners, and regulatory bodies.
Who does this resolution affect?
This call is especially relevant for:
- Entrepreneurs and general managers
- Financial and accounting directors
- Compliance officers
- Legal representatives and members of boards of directors
- International firms with operations in Panama
How can LAC LEGAL help you?
Our multidisciplinary team at LAC TAX & LEGAL is prepared to manage the entire process of updating your RUC quickly, securely, and in compliance with regulations. We offer comprehensive advice to avoid penalties and keep your company protected against any legal eventuality.
Have questions? We’ll take care of it.
Contact our team today:
www.lacgrp.com/contacto
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