Quick overview
| Standard Rate | Reduced Rate | Other Rates |
| 18% | N/A | Exempt |
The local name for VAT in Peru is Impuesto General a las Ventas (IGV).
There is basically 1 VAT rate in Peru:
- Standard VAT rate is 18%
Recent developments
For more information about (recent) rate change developments in Peru, please click HERE.
Standard rate: 18%
This rate applies for all transactions that take place in Peru, unless an exception applies (such as a reduced rate, the zero rate or an exemption, or a reason to treat the transaction as outside scope of VAT).
Exempt supplies
- Fruits and vegetables
- Educational services
- Public transportation
- Exports of goods
A global VAT/GST rate overview can be found here (note this is a work in progress).
This post was last updated on November 3, 2021.
