On June 30, 2024, an important resolution was issued that modifies the RUC (Single Taxpayer Registry) Regulations in Peru, introducing new assumptions for the mandatory registration from various individuals and entities. These modifications aim to improve tax control and ensure proper compliance with tax obligations in the country.
Main Provisions of the New RUC Regulations
Property Owners: The natural persons o undivided estates domiciled in Peru that possess 5 or more properties whose total value exceeds 126 UIT They must register with the RUC. The value of the properties will be determined according to the self-assessment for properties within Peru, and the property tax base value for those located abroad.
Holders of Shares or Equity Interests: The natural persons o undivided estates domiciled in Peru that possess shares or stakes in companies (both domestic and foreign) whose total value exceeds 100 UIT They are also required to register. For the listed shares, The quoted value will be used December 31. For the unlisted shares, The acquisition or nominal value will be considered.
Purchasers of Goods Subject to the VAT Withholding Regime: Natural persons domiciled in Peru who acquire goods subject to this regime, exceeding the 10 UIT Within one year, they must also register with the RUC (Single Taxpayer Registry). The sale price will be taken into account for the calculation.
Bank Account Holders: Those who have a balance higher than 300 UIT in a single bank account or a sum of balances that exceeds this amount in several accounts, they must register.
