Peru Tax Agency Issues Guidance on Tax Regimes for New Businesses

The Peruvian National Superintendency of Customs and Tax Administration Aug. 29 issued guidance on tax regime options for new businesses. The guidance explains: 1) the new simplified single regime (NRUS) for individuals with small business and businesses that aren’t covered under the regime; 2) the special income regime (RER) for companies in trading and service activities and the businesses not covered under the regime; 3) the individual small and medium companies (MYPE) for micro and small businesses; 4) the general regime for third category income generators; and 5) registration requirements for all the regimes. [Peru, National Superintendency of Customs and ...