On 17 August 2026, Peru’s National Superintendency of Customs and Tax Administration (SUNAT) announced that approximately 60,000 legal entities must file a Beneficial Owner Declaration (Declaración del Beneficiario Final). This obligation applies to companies that declared net income of up to 50 Tax Units (UIT) during the 2024 fiscal year. The measure aligns with Peru’s commitments under the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes, reinforcing the country’s beneficial ownership registry framework established by Legislative Decree No. 1372 and regulated by SUNAT Resolution No. 286-2018/SUNAT. The filing deadline follows the standard annual tax calendar, typically falling in March of the following year, and non-compliance triggers fines under the Tax Code.
Key Takeaways
- Expanded Filing Scope: The threshold of 50 UIT (approximately PEN 257,500 for 2024) captures a broad segment of small and medium enterprises, significantly increasing the population of entities required to disclose ultimate beneficial owners holding 10% or more of capital, voting rights, or effective control.
- Enforcement and Penalties: Failure to file or providing false information incurs penalties of 50% of the UIT per omitted datum, with potential escalation for repeat offenses. SUNAT will cross-reference declarations with its Registry of Legal Entities and international exchange-of-information channels to detect inconsistencies.
- Digital Submission Mandate: Declarations must be submitted exclusively through SUNAT’s virtual platform using the taxpayer’s SOL key, ensuring real-time validation and integration with the national beneficial ownership database accessible to competent authorities for anti-money laundering and tax evasion investigations.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
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