EY ayuda a los clientes a crear valor a largo plazo para los stakeholders. Habilitados por los datos y la tecnología, nuestros servicios y soluciones brindan confianza a través de la garantía y ayudan a los clientes a transformarse, crecer y operar.
En EY, nuestro propósito es construir un mejor mundo de negocios. Las perspectivas y servicios que brindamos ayudan a crear valor a largo plazo para los clientes, las personas y la sociedad, y generar confianza en los mercados de capital.
Through Executive Decree No. 3 issued on 20 January 2023, Panama’s Ministry of Economy and Finance grants an extension for the adoption of electronic invoicing mechanisms for several activities that were initially required to adopt one of the mechanisms available (“fiscal equipment” or the Panama’s Electronic Invoicing System) starting on 2 January 2023 and 1 February 2023.
According to the extension granted, the new terms are:
Activity
Date for the start of using “fiscal equipment” or Panama’s Electronic Invoicing System
Public international transportation of passengers by land, air, or sea, not excepted by Law, and public domestic transportation of passengers by air
1 March 2023
Operations and general services provided by banks and other financial institutions, including financial leasing companies, investment funds, lending bank institutions, trust or financial institutions governed by special laws, cooperatives, savings entities and funds, pension funds, retirement and social security funds, and loans and savings entities
In three phases:
30 April 2023 - Phase I
30 June 2023 - Phase II
31 August 2023 - Phase III
These phases and procedures will be regulated by the Ministry of Economy and Finance.
Operations performed by securities market of products authorized to operate in Panama
Operations performed by the insurance sector
31 August 2023
Operations performed by other unclassified financial entities
In addition, the adoption of invoicing methods for free trade zones and special regimes was also extended:
Free trade zones and special regimes
Date for the start of using “fiscal equipment” or Panama’s Electronic Invoicing System
· Barú Free Zone
· City of Knowledge
· Free Zones
· Oil Free Zone
· Companies under the Multinational Headquarter Regime (in Spanish Sede de Empresas Multinacionales, SEM)
· Panama-Pacifico Special Economic Zone (in Spanish AEEPP)
· Colón Free Zone (in Spanish ZLC)
· Multinational companies of manufacturing services (in Spanish Empresas Multinacionales para la prestación de servicios relacionados con la Manufactura, EMMA)
Any other existing or future free zone and special regime
30 June 2023
Since SEMs and EMMAs are exempt from the use of fiscal equipment, they must exclusively adopt Panama's Electronic Invoicing System as their invoicing method.
The effective date of the obligation for the implementation of invoicing methods for activities not listed here will be established in other regulations to be issue by the corresponding authorities.
The Executive Decree became effective from its publication in the Official Gazette on 23 January 2023.