The Dirección General de Ingresos (DGI) of Panama has issued Resolution No. 201-4488 of June 4, 2025, launching a mandatory update campaign for the Single Taxpayer Registry (RUC). This requirement applies to all individual and corporate taxpayers in Panama.

What is the RUC update about?

According to the DGI, all taxpayers must update their information in the RUC through the e-Tax 2.0 online system. This initiative aims to ensure the accuracy and currency of taxpayer data, as part of the ongoing efforts to strengthen Panama’s tax system.

The deadline to comply with this obligation is August 31, 2025. Failure to complete the RUC update on time—or submitting incomplete, inaccurate, or insufficient information—may result in fines ranging from B/.100.00 to B/.500.00, in accordance with Panama’s current tax regulations.

What information must be updated?

Taxpayers are required to fill out all mandatory fields in the e-Tax 2.0 system, including:

  • Economic activities
  • Fiscal address
  • Contact information
  • Legal representatives
  • And other essential tax-related data

What are the risks of not updating the RUC?

From a tax and accounting compliance perspective, failure to comply with this RUC update may lead to:

  • Financial penalties
  • Barriers to submitting tax returns and fulfilling other fiscal obligations

How can we help?

At our Panama-based firm specialized in accounting, tax audit, and advisory services, our expert team is ready to assist you with the RUC update process before the DGI. We offer comprehensive guidance to ensure your information is submitted accurately and on time—helping you avoid unnecessary penalties.

Don’t leave this process until the last minute. 📧 Contact us at [email protected]  and let us take care of your tax compliance in Panama with full responsibility and precision.