Ecuador vs Panama
Corporate Tax Comparison
Time of Update: Ecuador: 4/06/2026 / Panama: 4/04/2026
Compare Ecuador and Panama corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Ecuador vs Panama Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Ecuador
Panama
General CIT Rate:
Corporate Income Tax (CIT) rates vary depending on the company’s shareholder structure and disclosure compliance, with rates of 22%, 25%, or 28%.
General CIT Rate:
25
CIT Return Due Date:
Between April 9 and April 28 each year.
CIT Return Due Date:
Three months after the end of the fiscal year.
CIT Payment Due Date:
Between April 9 and April 28 each year.
CIT Payment Due Date:
Tax payments must be made within three months after the end of the respective accounting period.
CIT Estimated Payment Due Date:
NA
CIT Estimated Payment Due Date:
6 months, 9 months, and 12 months after the end of the tax year.
Withholding Tax (WHT)
Ecuador
Panama
Resident Withholding Tax (Dividend/Interest/Royalty):
0/2/10
Resident Withholding Tax (Dividend/Interest/Royalty):
5, 10 - 20/NA/NA
None-Resident Withholding Tax (Dividend/Interest/Royalty):
10/25/25
None-Resident Withholding Tax (Dividend/Interest/Royalty):
5, 10 - 20/12.5/12.5
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Ecuador
Panama
General Capital Gain Tax Rate:
Gains from the transfer of equity rights, such as shares, are taxed at a rate of 10%.
General Capital Gain Tax Rate:
Return on investment sees Panama Company tax summary.
Effective Tax Rate (ETR)
Ecuador
Panama
Composite Effective Average Tax Rate:
23.34%
Composite Effective Average Tax Rate:
23.33%
Composite Effective Marginal Tax Rate:
18.60%
Composite Effective Marginal Tax Rate:
18.47%
