Standard VAT rate: 18%
E-Invoicing: mandatory for all transactions
Digital service tax: 30%
Peruvian VAT number format is 11-digit taxpayer identification number (RUC) used in all communications with Tax and Customs Administration.
The standard VAT rate in Peru is 18%
VAT breakdown: Standard 16% VAT + 2% of a municipal tax
ISC is imposed on the import, manufacture and first acquisition of the following goods:
All businesses with Peruvian VAT number must submit monthly VAT reports and payments.
VAT Returns frequency
For all companies that operate in Peru, VAT returns must be submitted on annually or monthly basis.
Monthly – between the 7th and 16th working day of the following month. It can be done by online Form 119 or in person at an authorized bank.
Annually – large tax payers must file annual supplementary declarations on taxable transactions. Locally known as Declaración Annual de Operaciones con Terceros.
For failure to register or late registration and late filings of VAT there is penalty of around 1400 USD in local currency.
Tax fine equivalent to 50% of the omitted VAT plus 1.2% monthly interest.
Invoices issued in Peru must contain the following information:
Peru introduced mandatory e-invoicing.
Superintendency Resolution No. 239-2018 / SUNAT was published. Users of Electronic issuers categorized as major contributors or General Sales Tax withholding or collection agents the electronic issuing systems (SEE) designated by SUNAT are required to use the SEE-OSE and/or SEE-SOL starting as of: