How to Know What Regime a Company is in: Types, Differences and MORE

8 minutos de lectura

If you are Peruvian and you like to fulfill your tax duties, you have probably had the question: How to know what Regime is in a company? Or rather, in your company.

We invite you to discover it in this article, continue reading so that you know which tax regime you should go to.

How to know in what regime is a company in Peru?

The answer to this question, in short, is: it depends. What does it depend on? Well, the economic activity carried out by the company.

Since, the tax regime is determined by the functions performed by the company, and consequently, its annual billing.

Then, How to know in what regime is a company? Well, the first thing you should do is know what types of regimes exist, and then know which one you should pay taxes on. The procedure is quite simple, since there is an entity called the National Superintendency of Customs and Tax Administration (SUNAT).

SUNAT has a virtual office that allows you to consult the type of regime that the company where you work has. You can access by clicking this link.

Once there, you just have to follow these steps:

  • Enter the RUC.
  • Enter your username.
  • Enter your corresponding password.
  • Check the safe box.

That way, you should already be able to access SUNAT online. Don’t worry if you couldn’t log in, the page also offers you the possibility to request a new username or password.

How to know what regime a company is in: which one should I choose?

Now, if you are in the phase of creating a company, the most common question that usually haunts your head is: Which Tax Regime to choose? That is why here we will try to guide you to make the best decision of all, of course, taking into account the economic benefits.

First, you must define what will be the activity that you will carry out in the company. This is fundamental, since SUNAT is the one who classifies tax regimes according to the things it does, as mentioned previously.

Once you know what the company will be and it is your responsibility to register as a taxpayer, tYou can also calculate how much your annual billing will be (approximately). For example, you can calculate the monthly income and multiply it by the months of the year, this calculation will help you to have a brief notion about your net income.

Based on the results, the State will assign you a percentage of the tax regime depending on it and the area where you work.

What is a Tax Regime and What are its Types?

We want you to know everything related to the Tax Regime and above all, How to Know What Regime a Company is in? That is why below we will define from its roots what it is and the different types of taxation that you can carry out in Peru.

A Tax Regime is a ladder that assigns you the National Superintendency of Customs and Tax Administration (SUNAT), which has a series of classifications based on the person (whether natural or legal) and the area in which your company operates.

In short, it is a format that classifies whether a taxpayer in Peru has to pay a higher or lower percentage. They are classified as follows, write down everything so you don’t forget any details:

New Simplified Single Regime (NRUS)

The New Simplified Single Regime (NRUS) is positioned as one of the most attractive options for those who are just starting out in the corporate or entrepreneurship world. Why? Well, it is mainly due to the fact that only they must pay a final tax. That’s right, small or independent companies only pay one tax and have two ways of classifying themselves:


  1. If your income or purchases are in S / 5,000, they should only pay S / 20 without exceeding the previous amount.
  2. If your purchases or sales reach the amount of S / 8,000, you will have to pay a monthly fee of S / 50.

The system It is intended for people who issue an invoice and do not have employees. That is, small merchants or freelancers They offer their services to a final consumer, so consequently, they do not have large expenses, for example: distribution.

Special Income Tax Regime (RER)

The system Special Income Tax Regime (RER) it’s perfect for people residents in the country So what regardless of whether they are legal or natural persons, They will be able to opt for this regime if their income exceeds those of the New Simplified Uniform Regime (NRUS).

If so, they would fall into what is called: the third category of business income. Therefore, the income must be related to the sale of goods or services.

It is stipulated that the business must receive at least an annual net profit that does not exceed: S / 525,000. Likewise, fixed earnings must be less than S / 126,000.

It is important to note that this does not include material goods such as: land or vehicles. In turn, the person in charge of the business must not have more than ten (10) employees.

MYPE Tax Regime (RMT)

The MYPE Tax Regime (RMT), as its name suggests, ise refers to the taxation that Small and Medium Enterprises must carry out in Peru. Businesses with income of 1,700 UIT qualify for this rung.

One factor you should know about this regimen is that purchases are not limited to expenses. That is, you must issue from your business, invoices, receipts and any other document that may be useful for SUNAT and that shows your actual billing.

Likewise, this system covers all types of economic activity that the taxpayer and business owner carry out. Thus, It is not exempt and in the same way you must declare the ISLR and VAT.

General Regime (RG)

The General Regime, also known as RG, is a style of taxation that fits for all those large businesses that carry out extensive commercial activities, from export to import.. Here there is no restriction on what is the minimum or maximum amount for the purchase income.

However, you must also issue and save receipts and invoices. Of course, it is worth clarifying that it is pertinent to carry out the local accounting. The taxes to be canceled are the following:

  • Annual income statement.
  • IR tax.
  • IRA tax.

In another order of ideas, monthly taxes must correspond to 1.5 percent of total income. Now, in annual taxes, 29.5 percent of net income must be paid.

As you can see, these are all the types of tax regimes that exist in Peru, now you just need to carefully analyze (based on the economic activity that you are going to carry out), which one suits you.

Of course, those that must pay less may be attractive for small businesses or individuals that do business. However, the provisions of the law must be followed, and If your work area requires that the General Regime (RG) be applied, it should be that way.

How to Know What Regime a Company is in: Differences Between Them

To make it even clearer, yes, there are differences between each regimen. Some are more visible than others, which is why the best way you can visualize, and above all, understand what the difference is between the rtax regimes in Peru, is by means of a comparative table.

Next, you will be able to view all the types of schemes (with their abbreviation) and the concepts for income limits, annual income, among other elements that are relevant:

ConceptsNRUSRERRMTRG
Natural personApplyIf applyApplyApply
Legal personDoes not applyIf applyApplyApply
Income limitUp to 96,000 soles per year or 8,000 soles per monthUp to 525,000 soles per yearNet income that does not exceed 1,700 UIT in the year taxableUnlimited
Purchase limitUp to 96,000 soles or 8,000 per yearUp to 525,000 soles per yearUnlimitedUnlimited
Vouchers they can issueSales ticket and tickets that do not give the right to a tax credit, expenses or cost.Tickets, bills and others allowedEqual to the previousTickets, bills and others allowed
Annual rentDoes not applyDoes not applyApplyApply
Monthly taxesIGV is included in the single fee. Payment of 20 soles and 50 soles depending on purchases and income by category.VAT of 18%. Allocation of 1.5% corresponding to net income per month.300 UIT corresponding to annual net income = payment of 1% of those received per month. Cancellation of the coefficient or 1.5% If it exceeds 300 IUT.IGV of 18%Cancellation to monthly account resulting from 1.5% or IGV coefficient of 18%

Limitation by type of movementApplyApplyDoes not applyDoes not apply
WorkersUnlimited10 per shiftUnlimitedUnlimited
Fixed assets70,000 soles126,000 solesUnlimitedIf limit
Deduct expensesDoes not applyDoes not applyApplyApply
Cancellation of the Annual Tax in relation to the serviceDoes not applyDoes not applyApplyApply

The idea is that you yourself can extract the information that interests you and come to the conclusion about Which Tax Regime should I choose? We hope you make the right decision.

Accounting Books and the ITU

The accounting books, in a company, are intended for all taxpayers who are under the MYPE tax regime and the general regime. Consequently, they should keep the following books updated:

  1. Shopping book: it is a book where the information it contains must correspond to the payment documents of EVERYTHING that the company has acquired, be it a good or a service throughout the year.
  2. Income and sales book: it is a control of all sales and receipts that the company has made. It must be organized chronologically and must correspond to the sales documents.

ITU

The meaning of the acronym ITU is Tax Tax Unit. It is a referential value in soles when canceling elements such as:

  • Fines
  • Tax Violations.
  • Other tax aspects.


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