Peru Issues New UBO Filing Deadlines Under Resolution No. 000168-2025/SUNAT.The Superintendencia Nacional de Aduanas y de Administración Tributaria (SUNAT) has set new deadlines for Ultimate Beneficial Ownership (UBO) affidavits, with phased compliance running from October 2025 to November 2026. All Peru-domiciled entities must comply or face penalties of up to 0.6% of net income.
SUNAT has announced new deadlines
Deadlines for filing Ultimate Beneficial Ownership (UBO) affidavits further extend Peru’s framework for corporate transparency.
Resolution No. 000168-2025/SUNAT, published on 28 May 2025, introduces updated filing requirements for an additional group of taxpayers. This resolution reinforces SUNAT’s broader objective of gradually expanding UBO reporting across all relevant legal entities in Peru.
Background
Peru first introduced UBO disclosure rules in 2019, marking a significant step in aligning with international standards on corporate transparency and anti-money laundering (AML). These rules were expanded in 2022, as part of SUNAT’s strategic roadmap to improve the detection of illicit financial activity and prevent the misuse of corporate structures.
The 2025 resolution represents the next phase in this rollout, establishing a systematic and phased approach to bring nearly all Peru-domiciled entities into the UBO reporting regime.
Applicability and Deadlines
The new obligations apply to legal entities domiciled in Peru that were not already included in the earlier deadlines (2019, 2022). Deadlines are phased according to net income reported for Fiscal Year 2024, measured in Tax Units (UIT):
The November 2026 deadline also applies to:
Legal entities not included in the above brackets or not required to file annual or monthly returns for FY2024.
Entities that activated their RUC (Taxpayer ID) up to December 2024, or registered between January 2025 and November 2026.
Legal arrangements established in Peru and registered in the RUC during October 2024–November 2026.
Entities registering after November 2026 must comply with deadlines applicable to the period in which they register or activate their RUC.
Definition of UBO
An Ultimate Beneficial Owner (UBO) is defined as:
An individual who ultimately owns or controls legal entities or arrangements, directly or indirectly.
An individual on whose behalf a transaction is carried out, or who exercises ultimate control over a client.
This definition includes ownership through chains of entities, indirect control, or other mechanisms of influence.
Why This Matters
UBO disclosure is part of a global trend toward greater corporate transparency, driven by the Financial Action Task Force (FATF) and adopted across multiple jurisdictions. By enforcing these rules, Peru is positioning itself as a stronger player in combating money laundering, tax evasion, and corruption.
For multinational groups with operations in Peru, this means additional compliance layers — but also improved credibility in the global marketplace.
How Corpiya Can Support You
Corpiya assists businesses with navigating regulatory complexity across borders, including UBO reporting obligations. Our experts ensure that your entity remains compliant with SUNAT’s requirements while minimizing administrative burden.
For tailored guidance on Peru’s new UBO deadlines, contact info@corpiya.com
Put These Insights Into Action
Talk to our team about how this applies to your operations — wherever your business takes you, Corpiya is ready to support your next move.
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In Professional Services BPO is essential to stay competitive and deliver excellent client experiences. Effective process optimization helps firms:
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Reduce operational costs
For organizations with global operations, managing cross-border compliance and diverse regulations adds complexity. Implementing BPI ensures firms can:
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Leveraging Technology for Process Optimization
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HoneyBee AI platform centralizes entity data and automates compliance tasks
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Organizations that embrace these trends maintain a competitive edge in professional services while improving global compliance and operational agility.
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Expanding into new markets is an exciting milestone for any business. Whether you’re pursuing new customers, accessing top talent, or strengthening your global presence, international growth can unlock enormous opportunities. But before you can operate abroad, you need to set up a legal entity—and that process is rarely simple.
The Challenges of Setting Up a Company Abroad
Establishing a legal entity in a new country involves much more than paperwork. Each jurisdiction has its own laws, registration requirements, tax obligations, and compliance deadlines. Missing even a single step can lead to:
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For companies eager to scale quickly, these hurdles can slow down momentum and distract from growth.
Corpiya: Streamlining Global Entity Setup
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Build Your Global Presence with Confidence
Expanding abroad is more than a growth strategy—it’s a chance to redefine your company’s future. By laying the right foundation, you ensure your business is compliant, protected, and positioned for success.
Ready to expand? Contact us through the form below or email us at info@corpiya.com to start building your global presence today.
Put These Insights Into Action
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An Entity Management System (EMS) is a dedicated software platform that centralizes a company’s corporate record — directors, shareholders, licenses, filings, and governing documents — into a single, auditable source of truth. Organizations typically adopt one when spreadsheet-based tracking starts producing missed filing deadlines, conflicting data versions, or governance blind spots across multiple entities and jurisdictions.
Why Spreadsheets Break Down as You Grow
Every company starts somewhere simple: one entity, one spreadsheet, one person who “knows where everything is.” That works — until it doesn’t.
As organizations grow, corporate structure grows with them: new subsidiaries, joint ventures, holding companies, and foreign registrations pile up, often faster than internal processes do. At that point, spreadsheet-based entity tracking becomes a genuine operational risk, not just an inconvenience. The failure modes are predictable and recurring:
Data silos. Legal keeps its own tracker. Finance keeps another. Tax keeps a third. None of them reconcile automatically, and each team ends up asking “which version is correct?” during audits or board requests.
Version confusion. A director resignation or a change in registered address gets updated in one file but not another. Weeks later, a filing goes out with stale information.
Missed deadlines. Annual returns, franchise tax filings, license renewals — each jurisdiction has its own calendar, and spreadsheets have no memory. Nobody gets reminded until the penalty notice arrives.
No audit trail. When a regulator, acquirer, or auditor asks “who approved this and when,” a spreadsheet can’t reconstruct that history — there’s no changelog, no timestamp, no accountability record.
These aren’t hypothetical risks. Missed statutory filings can trigger late penalties, loss of good standing, or even involuntary dissolution in some jurisdictions — and losing good standing can complicate financing rounds, M&A due diligence, and banking relationships at the worst possible time.
What Is an Entity Management System (EMS)?
An Entity Management System is a software platform purpose-built to manage the corporate record — the complete, authoritative set of data and documents that define how each legal entity in a group is structured, owned, and governed. Rather than living across disconnected spreadsheets and shared drives, this data lives in one system that legal, tax, finance, and compliance teams all draw from.
At its core, an EMS answers questions that should be simple but often aren’t in a spreadsheet-based setup: Who are the current directors of our Singapore subsidiary? When does our license in Brazil expire? Who owns what percentage of our German entity, and has that changed in the last two years?
Key Benefits of Adopting an EMS
Centralized Data
Legal, tax, and finance teams get instant, shared access to organizational charts, entity details, and ownership structures — instead of requesting an update from whoever last touched the spreadsheet. This matters most during time-sensitive events: financing rounds, restructurings, or regulatory inquiries, where “we’ll get back to you” isn’t an acceptable answer.
Automated Alerts
Filing deadlines, license renewals, and director term expirations are tracked automatically, with notifications sent ahead of time — not discovered after a penalty notice arrives. This shifts compliance from reactive (responding to problems) to proactive (preventing them).
Document Repository
Articles of incorporation, bylaws, board minutes, share certificates, and powers of attorney are stored securely in one place, linked directly to the entity they belong to. When due diligence requests come in during an acquisition or financing round, documents are retrievable in minutes instead of days.
Reporting
Complex reports — ownership structures, director appointments, entity charts by jurisdiction — can be generated in seconds rather than reconstructed manually. This is particularly valuable for board reporting, regulatory disclosures, and beneficial ownership reporting requirements, which increasingly demand exactly this kind of structured output.
Spreadsheets vs. an EMS: A Side-by-Side Comparison
Factor
Spreadsheets
Entity Management System
Single source of truth
No — multiple versions across teams
Yes — one authoritative record
Deadline tracking
Manual, memory-dependent
Automated alerts
Audit trail
None or minimal
Full change history
Document storage
Scattered across drives/email
Centralized, linked to each entity
Reporting speed
Hours to days (manual compilation)
Minutes (generated on demand)
Access control
Difficult to manage/restrict
Role-based permissions
Scales with entity count
Poorly — risk compounds with each new entity
Designed for multi-entity, multi-jurisdiction structures
When Should a Company Adopt an EMS?
There’s no fixed headcount or entity-count threshold, but a few signals reliably indicate it’s time:
You’ve crossed roughly 5–10 legal entities, especially across more than one jurisdiction
You’ve had at least one missed filing or late-penalty incident in the past 12 months
More than one team maintains its own version of entity data
You’re preparing for financing, an acquisition, or an IPO, where due diligence will scrutinize your corporate record directly
Your beneficial ownership or governance reporting obligations have expanded (a trend accelerating globally as regulators demand more transparency into corporate structures)
Frequently Asked Questions
What’s the difference between an EMS and a document management system? A general document management system stores files. An EMS is purpose-built around legal entities as the organizing structure — every document, deadline, and data point is linked to a specific entity, director, or filing obligation, not just stored in a folder.
Does an EMS replace legal counsel or a corporate services provider? No. An EMS is the system of record; it doesn’t file documents with regulators or provide legal advice on its own. Many organizations pair an EMS with managed compliance services so the platform stays current without internal teams handling data entry themselves.
How does an EMS help during M&A or fundraising due diligence? Due diligence requests typically ask for cap tables, director histories, good-standing certificates, and governing documents across every entity in the group. With an EMS, these are already centralized and exportable, which can meaningfully shorten diligence timelines compared to reconstructing records from spreadsheets and email threads.
Is an EMS only useful for large multinational companies? No — the tipping point is entity complexity, not company size. A mid-sized company with five subsidiaries across three countries faces the same version-control and deadline risks as a much larger company, just at a smaller scale.
How CORPIYA Helps
CORPIYA provides a state-of-the-art Entity Management System tailored for global businesses. Our platform integrates seamlessly with our managed services, meaning our team keeps your data updated for you — so you get the transparency and control of a digital platform without the administrative burden of data entry.
Planning to digitize your corporate records? Reach out to us at contact@corpiya.com to discuss how we can support your next steps.
Put These Insights Into Action
Talk to our team about how this applies to your operations — wherever your business takes you, Corpiya is ready to support your next move.
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