Sign up for tax alert emails    GTNU homepage    Tax newsroom    Email document    Print document    Download document

September 27, 2019

Peru issues procedure for disclosing the ultimate beneficial ownership of entities

On 25 September 2019, the Peruvian Tax Authority issued Resolution 185-2019/SUNAT, which establishes the procedure for disclosing the ultimate beneficial ownership of entities.


On 2 August 2018, Peru enacted Legislative Decree 1372, which requires Peruvian entities to report the individuals who are their ultimate beneficial owners to the Peruvian Tax Authority. An individual is deemed a beneficial owner if he/she holds at minimum 10% of an entity’s capital. Regulations contained in Supreme Decree 003-2019-EF implemented the provisions of Legislative Decree 1372. The regulations went into effect on 1 January 2019. The regulations, however, did not set forth the procedure for complying with the disclosure requirement.

Resolution 185-2019/SUNAT

Resolution 185-2019/SUNAT requires entities that are considered “principal taxpayers” by the Peruvian Tax Authority on 30 November 2019, to disclose their ultimate beneficial owners on Virtual Form 3800 in December 2019. The due date will be the same as the due date for the entity’s monthly tax returns, which is determined by the last digit of the entity’s taxpayer identification number.

Legal entities not considered “principal taxpayers” will file Virtual Form 3800 according to the schedule to be published by the Peruvian Tax Authority in the future.

Public notaries must certify whether Virtual Form 3800 has been duly filed. the notaries also must report monthly to the Peruvian Tax Authority the entities that failed to file Virtual Form 3800.

For additional information with respect to this Alert, please contact the following:

Ernst & Young Asesores S.C.R.L, Lima
  • Roberto Cores |
  • Ramón Bueno-Tizón |
Ernst & Young LLP (United States), Latin American Business Center, New York
  • Ana Mingramm |
  • Enrique Perez Grovas |
  • Pablo Wejcman |
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
  • Jose Padilla |
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific
  • Raul Moreno, Tokyo |
  • Luis Coronado, Singapore |



The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.


Copyright © 2024, Ernst & Young LLP.


All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.


Any U.S. tax advice contained herein was not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.


"EY" refers to the global organisation, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.


Privacy  |  Cookies  |  BCR  |  Legal  |  Global Code of Conduct Opt out of all email from EY Global Limited.


Cookie Settings

This site uses cookies to provide you with a personalized browsing experience and allows us to understand more about you. More information on the cookies we use can be found here. By clicking 'Yes, I accept' you agree and consent to our use of cookies. More information on what these cookies are and how we use them, including how you can manage them, is outlined in our Privacy Notice. Please note that your decision to decline the use of cookies is limited to this site only, and not in relation to other EY sites or Please refer to the privacy notice/policy on these sites for more information.

Yes, I accept         Find out more