Share with your friends

Panama: Customs transit, customs warehouse, temporary customs warehouse regimes

Panama: Customs transit, customs warehouse

Guidance issued by Panama’s customs authority establishes rules for the concepts of customs transit, customs warehouse, and “special area-enabled” temporary customs warehouse regimes.


Related content

The guidance—Resolución Anticipada No. RA-014-DGT18 (27 June 2018)—was issued by the customs authority (Autoridad Nacional de Aduanas) to provide rules for unlimited, duty-free imports of raw materials, components, equipment and products into Panama when such imports generally are used in an “improvement” process involving the imported merchandise.

The customs transit regime therefore suspends customs tariffs and taxes on the imports provided that the eventual product has a destination that is outside of Panama. In general, this type of regime is a widely used customs procedure to facilitate the movement of goods between two points of a customs territory or between two or more different customs territories. The customs warehouse regime similarly suspends the imposition of customs duties and import taxes on the importation of merchandise in order to allow for the storage of the imported goods for as long as the goods remain in the warehouse and are not used domestically or abandoned. 


Read a September 2018 report (Spanish) prepared by the KPMG member firm in Panama


For more information, contact a KPMG tax professional in Panama:

Guillermo Linares | (507) 208-0700 | 

Or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich
Partner, Global Practice Leader
T: 312-665-1022

Andy Siciliano
Partner, National Practice Leader
T: 631-425-6057

Irina Vaysfeld
T: 212-872-2973

Robert Waldrop
T: 212-954-8117 

Christopher Young
T: 312-665-3229

George Zaharatos
T: 404-222-3292

John L. McLoughlin
Principal, East Coast Leader
T: 267-256-2614

Luis (Lou) Abad
Principal, WNT
T: 212-954-3094

Amie Ahanchian
Managing Director
T: 202-533-3247

Gisele Belotto
Managing Director
T: 305-913-2779

Andy Doornaert
Managing Director
T: 313-230-3080

Jessica Libby
Managing Director
T: 612-305-5533

© 2020 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal