Americas
Currency
PEN
Corporate Tax
29.5%
Personal Income Tax
30%
VAT / GST
18%
Standard 29.5% (since 2024); reduced for SMEs.
Top rate 30% above 15 UIT (PEN ~70,500/year); 8-30% scale.
IGV 16% + municipal promotion 2% = 18%.
Dividends
5%
Interest
4.95-30%
Royalties
30%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
ONP 13% employee (or AFP 10% + commission); health 9% employer; Essalud 9% employer.
Capital Gains Tax
5–30% (30% non-resident)
Inheritance / Estate Tax
0%
Capital (Net Worth) Tax
0%
Property Tax
Impuesto predial
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~15
Key partners: Chile, Canada, Brazil, Mexico, Portugal, South Korea
Limited network; withholding typically 10% under treaties.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
Calendar year
Notes
RER simplified regime 1.5% of net income. Mining & hydrocarbon special royalties/taxes.
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