The General Directorate of Revenue (DGI) in Panama has issued a detailed procedure for legal entities dissolved due to tax non-compliance to seek reactivation and how to fix it. This guidance specifically applies to companies that were dissolved after February 27, 2026, despite being current on payments filed under an incorrect Taxpayer Registry (RUC) number. The process aims to rectify administrative errors and restore a company’s active status.
Officials from the Dirección General de Ingresos (DGI) confirmed that affected entities must initiate a formal request. The directive provides a clear, step-by-step path for these dissolved companies to return to good standing, provided they meet specific criteria and submit the required documentation.
Required Documentation for Reactivation
Companies seeking reinstatement must present their case at provincial income agencies or the Single Registry of Tax Procedures. The main office is located on Balboa Avenue and 41st Street in the Torre Mundial Memorial building. The application must detail the facts and legal basis for the reactivation request. Essential documents include a certified copy of the company’s public deed of incorporation with registration stamps, copies of relevant payment receipts, and any applicable correction forms.
“The taxpayer must submit the documentation corresponding to the Registral Reactivation Right,” stated the DGI notice. [Translated from Spanish]
Upon receiving a complete application, the DGI will issue a resolution to lift the suspension. This resolution is then formally notified to the taxpayer, the Public Registry (Registro Público), and the e-Tax system. The DGI’s IT department subsequently updates the company’s status in the e-Tax platform from “DISSOLVED” to “ACTIVE.”
Public Registry Coordination and Critical Warnings
The DGI transmits the resolution electronically to the Public Registry for processing. The Mercantile Department of the Public Registry typically completes the status change from “DISSOLVED” to “ACTIVE” within 24 hours. This inter-agency coordination is designed for efficiency.
A critical final step exists, however. The taxpayer must personally verify in the Public Registry if other active suspension causes remain. These can include issues with a resident agent, accounting records, final beneficiary declarations, or non-compliance with other laws.
If another active cause for suspension is found, the resolution will not be inscribed. The company’s status remains “SUSPENDED” and it becomes subject to dissolution in subsequent administrative cycles. This makes a thorough check of the registry record imperative before beginning the process.
The procedure underscores the government’s effort to create a formal rectification path for compliant legal person (persona jurídica) entities caught by technical errors. It places the onus on company representatives to ensure all their records are fully compliant across multiple government systems to achieve a successful reactivation.
Find the list of companies and more to download at this link of the public registry.