Phased mandatory issuance of electronic invoices through the Sistema de Facturación Electrónica de Panamá (SFEP) operated by the Dirección General de Ingresos (DGI) under Law 256 of 26 November 2021 , Decreto 766/2020 and Decreto 25 of 27 June 2022 , updated by Resolution 201-6299 of 29 July 2025 .
B2C
phased
since 1 January 2022
Phased mandatory issuance of SFEP electronic invoices for B2C transactions in scope of the rollout, with consumer-side QR verification supported by the DGI; remaining categories continue under the existing impresoras fiscales regime.
B2G
mandatory
since 1 January 2022
Mandatory issuance of SFEP electronic invoices for all supplies to public bodies, in line with Law 256 of 2021 .
Failure to issue or clear an SFEP electronic invoice when required by Law 256 of 2021 attracts financial penalties under the Tax Code, with denial of input VAT deduction for the buyer.
Standards:
DGI SFEP standard
Supported Formats:
XML (SFEP schema)
PDF visualization with QR
Clearance Model:
Centralized clearance via Proveedor de Autorización Calificado (PAC) or qualified self-emission: each invoice (Factura Electrónica) is signed, validated by the SFEP/DGI infrastructure, and only delivered to the buyer once the CUFE authorization code is returned.
Archiving Requirements:
5 years retention required by the Tax Code; XML and authorization responses archived by supplier and SFEP/DGI
N/A
Decreto 766/2020 Adopts SFEP Framework
29 December 2020
Legislative
Panama adopted Decreto 766/2020 formalising the Sistema de Facturación Electrónica de Panamá (SFEP) as a centralized clearance model administered by the DGI of the Ministry of Economy and Finance .
Law 256 of 2021 Establishes Mandatory e-Invoicing
26 November 2021
Legislative
Law 256 of 26 November 2021 established mandatory issuance of electronic invoices through the SFEP for taxpayers in scope of phased adoption.
Decreto 25/2022 Refines SFEP Rules
27 June 2022
Legislative
Decreto 25 of 27 June 2022 updated procedural rules for SFEP issuance, including obligations of authorized PACs and qualified emitters .
DGI issued Resolution 201-6299 of 29 July 2025 updating technical and procedural rules for SFEP and refining the rollout schedule, with reference materials accessible from the DGI legal base and the SFEP pilot environment .