Peru Corporate Income Tax
Detailed corporate income tax rates and rules for Peru in 2026.
Peru imposes a 29.5% corporate income tax (Impuesto a la Renta) on resident companies' worldwide income. Non-resident companies are taxed at 29.5% on Peruvian-source income. Small and micro enterprises under the MYPE regime may qualify for reduced rates of 10% on the first 15 UIT of net income. Companies must make monthly advance tax payments. A 5% dividend distribution tax applies on top of corporate tax. Peru has transfer pricing rules following OECD guidelines and thin capitalization rules (3:1 debt-to-equity ratio for related-party loans). Special regimes exist for mining, oil and gas, and agriculture.
Standard Rate
29.5%
Small Business Rate
10%
How Peru Corporate Tax compares
Peru’s corporate tax rate of 29.5% is the 50th highest of 203 countries TaxAtlas tracks, above the global average of 22.2% and South America’s regional average of 28.4%.
