In Peru, businesses often face constant amendments to tax regulations and increased tax audits by the SUNAT (Superintendencia Nacional de Aduanas y de Administración Tributaria – National Superintendency of Customs and Tax Administration). Before this, tax consulting in Peru has become a strategic pillar for efficient tax compliance, advising companies to avoid penalties, optimizing their tax burden in accordance with the current legal framework, and achieving sustainable and transparent financial management.
What Is Tax Consulting in Peru?
Tax consulting in Peru is a professional service that provides technical and legal support to companies in the correct interpretation, application, and compliance with tax regulations, mainly to ensure tax compliance with the SUNAT and other regulatory entities, as well as to design tax planning strategies to take advantage of benefits, deductions, and tax credits.
This consulting service includes corporate tax advice, annual affidavits, tax penalty management, and specialized consulting on specific tax regimes tailored to each type of company. Additionally, it provides support in cases of tax audits, tax refunds, and tax inspections, helping to maintain a transparent and orderly relationship with the tax authorities.
Importance of Tax Compliance in Peru
Complying with tax obligations in Peru is not only a legal requirement but also essential for maintaining financial security and the business reputation. The SUNAT conducts regular audits to detect omissions or inconsistencies, thus preventing non-compliance penalties, which can include fines, interest, and temporary shutdowns.
Tax consulting in Peru prevents these risks through a thorough review of accounting records, the correct application of tax regimes (General Regime, SME, or Special Income Tax Regime), and the preparation of reports in accordance with International Financial Reporting Standards (IFRS), which ensures consistency between accounting and tax management, reinforcing credibility with investors and financial institutions.
Tax Consulting and Advisory Services
Tax advisory services in Peru cover a wide range of solutions tailored to the needs of companies of all sizes and sectors:
- Tax and fiscal planning evaluates and designs strategies that optimize the tax burden without infringements.
- Corporate tax advice: Analysis of tax obligations according to the type of company and economic sector.
- Compliance with the SUNAT: Review and filing of monthly returns, PDT (Programa de Declaración Telemática – Telematic Declaration Program), IGV (Impuesto General a las Ventas – General Sales Tax/VAT), income tax, and other obligations.
- Tax refund management: Procedures to recover balances in favor of the taxpayer.
- Tax audit consulting: Technical defense in verification or audit proceedings.
- International tax consulting: Advice on cross-border transactions and double taxation agreements.
- Tax audit in Peru: Detailed review of records and returns to detect possible errors or contingencies.
These solutions are complemented by specialized legal services in tax, corporate, and financial law, ensuring comprehensive support for the company.
Tax Consulting by Sector in Peru
The Peruvian tax system has particularities depending on the economic activity. Therefore, specialized firms offer sector-specific consulting services tailored to the characteristics and challenges of each industry:
- Tax consulting for the mining sector: Analysis of royalties, tax stability contracts, and export withholdings.
- Legal services for the construction sector: Verification of IGV on construction projects, withholdings, and appraisal control.
- Tax consulting for the agro-industrial sector: Management of tax benefits and exports.
- Tax retail sector advice: Inventory control, tax credits, and IGV refunds.
- Legal consulting for the financial sector: Compliance with risk regulations and taxation on credit operations.
- Tax advice for NGOs and startups managing donations, exemptions, and special regimes.
Thus, companies can implement customized legal solutions that maximize their tax compliance and reduce risks.
Benefits of Hiring a Tax Consultant
A professional tax consultancy in Peru offers multiple advantages:
- Prevention of penalties and fines to identify potential errors before a tax audit.
- Tax optimization to strategically apply benefits, deductions, and tax credits.
- Regulatory compliance to ensure the alignment of all tax processes with SUNAT provisions.
- Legal protection: Support in administrative proceedings or tax disputes.
- Financial efficiency: Reduction of unnecessary costs and improvement in payment planning.
- Transparency and corporate reputation: Strengthening trust among investors, banks, and business partners.
Additionally, consulting firms offer complementary legal services, like advice on labor law, commercial contracts, regulatory compliance, and business law consulting, enabling comprehensive corporate risk management.
Situations Before SUNAT Audits
When facing a SUNAT audit, a clear strategy and specialized advice are essential. Tax consulting in Peru can prepare the requested documentation, review financial statements, and support operations with accounting evidence.
Consultants are also responsible for representing the company before the tax authority, responding to requests within the established deadlines, and minimizing possible penalties. This legal support ensures an orderly and lawful process.
Tax Planning and Tax Optimization
Tax planning is one of the principal tools for achieving tax optimization. Through a detailed analysis of business operations and structures, tax consulting specialists identify opportunities to legally reduce the tax burden by adjusting internal procedures and leveraging available incentives.
It includes the correct application of tax regimes, efficient management of tax credits, and planning for corporate income tax and international withholdings, contributing to error-free tax compliance.
Tax Consulting in Lima and Other Peruvian Regions
There is a wide range of highly specialized tax consulting and legal services for companies in Lima. Conversely, there are also renowned firms in Arequipa, Cusco, Trujillo, Piura, and Chiclayo offering customized advice on tax compliance, tax auditing, and financial planning.
Whether for SMEs, corporations, startups, or foreign companies, tax consulting offers solutions tailored to each economic and sectoral reality.
Conclusion
In an increasingly demanding regulatory environment, tax consulting in Peru represents a sharp-witted investment, guaranteeing tax compliance, legal protection, and tax optimization. With the right advice, companies can focus on their growth while delegating the complexity of tax management to experts who are well-versed in Peruvian and international legislation.
Through strategic tax planning, corporate tax advice, and regulatory compliance with the SUNAT, organizations can achieve stability, efficiency, and security in their financial management.
For further information:
📍 335–345 Manuel Olguín Avenue, Office 505, Link Tower Building, Santiago de Surco, Lima
📞 +51 436 4612 / +51 913 365 739