Guides
Panama payroll guides
Everything you need to know about Panama payroll, explained with current law and links to official sources.
CSS · Ley 462
CSS employer rate (Ley 462): 2025–2029
The full schedule: 13.25%, 14.25% and 15.25%.
DGI · ISRPlanilla 03: the salary report filed with the DGI
Monthly, salaries and ISR withheld; 60-day deadline and penalties.
Arrears · CSSCSS arrears and surcharges
Paying the SIPE late: 2%–15% surcharges plus interest.
Minimum wageMinimum wage in Panama 2026 (Decree 13)
In force since January 2026, by activity and region.
OvertimeOvertime: 25%, 50% and 75% surcharges
The surcharge by shift type and the limits.
DismissalDismissal: severance and seniority premium
Justified vs unjustified and the Art. 225 scale.
Representation expensesRepresentation expenses: the separate income tax
10% and 15% withholding, separate from salary.
Professional riskProfessional risk: the employer premium
From 1.05% to 5.67% by activity (CIIU).
Looking for the 13th-month bonus, vacation pay, severance, seniority premium, income tax or SIPE? They are explained in the CifraHQ payroll guides.