Starting a business in
🇵🇪Peru
Checked November 9, 2026 · How we score
Corporate tax
29.5%
Top income tax
30%
Setup from
$1,500
all-in, first year
Time to form
15 days
can be done remotely
What is the corporate tax rate in Peru?
The headline corporate tax rate in Peru is 29.5% in 2026, and individuals pay up to 30%. 29.5% on worldwide net income of Peruvian companies; branches and non-resident companies are taxed at 29.5% or 30% on Peruvian-source income. Micro and small companies can use special regimes (RMT, RER, Nuevo RUS) with lower or simplified rates.
| Corporate income tax | 29.5% 29.5% on worldwide net income of Peruvian companies; branches and non-resident companies are taxed at 29.5% or 30% on Peruvian-source income. Micro and small companies can use special regimes (RMT, RER, Nuevo RUS) with lower or simplified rates. |
|---|---|
| Personal income tax (top) | 30% Domiciled individuals pay 8% to 30% on labour and foreign income: 8% up to 5 tax units, 14% to 20, 17% to 35, 20% to 45 and 30% above, where one tax unit (UIT) is PEN 5,500 for 2026. Non-domiciled employees pay a flat 30% on Peruvian-source income. |
| Tax system | Worldwide income |
| Capital gains tax | 5%Domiciled individuals pay a 5% effective rate on gains from selling listed shares and on lease income; other gains follow different rules. Non-domiciled sellers of Peruvian shares pay 5% to 30%. |
| Dividend withholding (non-residents) | 5% |
| VAT / GST | 18% |
| Social security | IGV (VAT) is 18% including 2% municipal promotion tax. Employees contribute roughly 13% (pension) and employers 9% to EsSalud, plus profit-sharing of 5–10% of pre-tax profit for larger employers. |
Forming a company in Peru
| Usual entity | SAC (closed stock corporation) or SRL |
|---|---|
| Minimum capital | None |
| Setup cost (all-in) | $1,500–$3,500 |
| Annual running cost | $3,000–$7,000 |
| Time to incorporate | 15 days |
| Form remotely as a foreigner | Yes |
| Local director required | No |
| Local address required | Yes |
| Owners on public register | No |
| Statutory audit for small companies | No |
| Business banking for non-residents | Moderate |
Residency and visas
Peru has no digital nomad visa or golden visa, but foreigners can get temporary residence as workers, investors, retirees, students or family members, and permanent residence after several years. Citizenship needs two years of residence for people married to Peruvians or longer otherwise.
| Digital nomad visa | No |
|---|---|
| Golden visa | No |
| Ease of residency for founders | 3/5 (1 = easiest) |
Taxes for individuals living in Peru
Domiciled individuals are taxed on worldwide income, although rental and investment income from abroad follow different rates. Non-domiciled individuals are taxed only on Peruvian-source income.
| Foreign income of residents | Taxed |
|---|---|
| Income tax structure | Progressive rates |
| Inheritance / estate tax | 0%No inheritance, estate or gift tax in Peru. |
| Wealth tax | No |
| Annual property tax on your home | Yes |
| Exit tax when you leave | No |
| When you become tax resident | Domiciled if you reside in Peru for more than 183 days in any 12-month period, or have a permanent home or economic centre of interests there. |
Special tax regimes
Régimen MYPE Tributario (RMT)
Small and medium companies with annual income up to 1,700 UIT pay 10% on net income up to 15 UIT and 29.5% above, simplifying compliance.
Legal stability agreements
Investors can sign stability agreements with the State that freeze tax rates for 10 years in return for minimum investment commitments.
Special Economic Zones
ZOFRATACNA and other special zones offer customs and tax relief for approved export and logistics activity.
Pros and cons
Why founders pick Peru
- Large and growing economy with a stable macro record
- No inheritance or wealth tax
- Legal stability agreements for investors
- Low cost of living and company setup
Watch out for
- 29.5% corporate and 30% top personal rate
- Worldwide taxation of domiciled individuals
- Complex tax compliance and local profit-sharing for employers
- Spanish-language bureaucracy and difficult banking for non-residents
Best for: Companies serving the Peruvian market or Andean supply chains · Mining, agriculture and export businesses · Remote workers happy to pay normal Latin American income tax
Peru: common questions
What is the corporate tax rate in Peru?
29.5% on the worldwide net income of Peruvian companies. Foreign companies are generally taxed at 30% on Peruvian-source income, and dividends paid out are subject to 5% withholding.
How much is income tax in Peru?
Domiciled individuals pay 8% to 30% in brackets measured in tax units (one UIT is PEN 5,500 for 2026), with the first seven UIT exempt. Non-domiciled employees pay a flat 30% on Peruvian-source income.
Does Peru tax foreign income?
Yes for people domiciled in Peru, who are taxed on worldwide income. Non-domiciled individuals pay tax only on Peruvian-source income.
How do I register a company in Peru?
Most foreign-owned businesses incorporate an SAC through a notary and register with SUNARP and the tax authority SUNAT for an RUC number. It takes about two to three weeks and requires a Peruvian address, and non-residents typically use a local lawyer.
Is Peru a tax haven?
No. Peru has standard corporate and income tax rates, signs exchange-of-information agreements and is not on the EU tax blacklist. It is better thought of as a market-access jurisdiction.
Sources
Similar countries
Not tax or legal advice. Rates and rules change; we check official sources and update every page, but verify with a licensed adviser in the country before acting. Spotted something out of date? Use the correction form below.