With the Superintendency Resolution No. 41-2022/SUNAT (Resolución de Superintendencia N° 41-2022), Peru’s National Superintendence of Customs and Tax Administration (Superintendencia Nacional de Aduanas y de Administración Tributaria, SUNAT) has established who must declare ultimate beneficial ownership for the years 2022 and 2023.
The provision applies to legal entities domiciled in Peru with a net income in 2021 of more than 1,000 tax units (Unidad Impositiva Tributaria, UIT), approximately PEN4,400,000, which must declare their UBOs by May 31, 2022. The deadline for those with a net income of 500 UIT (PEN2,200,000) to 1,000 UIT is instead August 31, 2022. Legal entities with a net income of more than 300 UIT (PEN1,380,000) must declare UBOs by May 31, 2023.
Trust and investment funds which are already registered in SUNAT’s Registro Único de Contribuyentes must instead file UBO information by December 31, 2022.