Americas · Tax guide

Peru

Peru taxes companies at 29.5%, with lower rates for small and medium businesses under the MYPE regime, charges IGV (VAT) at 18%, and requires electronic invoicing. Taxes are administered by SUNAT.

Updated 1 October 2026 · 5 of 5 figures checked against official sources

Check your obligations

At a glance

Corporate income tax
29.5%

General regime

MYPE regime
10% on the first 15 UIT of net income, then 29.5%

For small and medium businesses

IGV (VAT)
18%

Including the municipal promotion tax

Withholding on dividends
5%

Royalties and services abroad 30%

Corporate income tax

Companies pay 29.5%. Under the MYPE regime, smaller businesses pay 10% on the first 15 UIT of net income, then 29.5%. Monthly advances are paid with the IGV return and the annual return is filed in March or April.

IGV and electronic invoicing

IGV is 18%. Every business registers with SUNAT (RUC), and some sales are subject to IGV withholding, perception or the detraction system. Electronic invoices and receipts are mandatory for all taxpayers.

Payments abroad

Dividends carry 5% withholding, and royalties and services paid to non-residents 30%, with a lower rate for technical assistance. Treaties with a few countries can change this.

Key dates

  • Monthly, by RUC digit scheduleIGV return and income tax advance (PDT 621)
  • March–AprilAnnual income tax return

Figures and sources

5 figures
  • Corporate income tax rate29.5%
    Ley del Impuesto a la Renta, Art. 55 · Ley del Impuesto a la Renta, Art. 55
    Checked against the official source
  • IGV (VAT) rate, including the 2% municipal promotion tax18%
    Ley del IGV · Ley del IGV
    Checked against the official source
  • MYPE tax regime rates (income up to 1,700 UIT)10% on the first 15 UIT of net income, then 29.5%
    Legislative Decree 1269 · Legislative Decree 1269
    Checked against the official source
  • Withholding on dividends5%
    Ley del Impuesto a la Renta, Art. 56 · Ley del Impuesto a la Renta, Art. 56
    Checked against the official source
  • Withholding on royalties and services paid to non-residents (15% for technical assistance)30%
    Ley del Impuesto a la Renta, Art. 56 · Ley del Impuesto a la Renta, Art. 56
    Checked against the official source

Indicative only. This assessment is a high-level overview of tax obligations in Peru based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Peru (a Peruvian contador público) before making compliance decisions.