Grant tax benefit to companies in Peru

The Peruvian government by Law 30309 "Promotion of Scientific Research, Technological Development and Technological Innovation” formalized a tax benefit for companies which will be in force until the taxable period 2019.

The law states that can access all companies, regardless of their line of business or size, allowing them to deduct up to 175 % of their expenses in the case of innovation projects carried out in the country and 150 % if they are developed in research centers abroad. The project results shall be communicated to the National Superintendence of Tax Administration (Sunat) and simultaneously be registered with the National Institute for the Defense of Competition and Protection of Intellectual Property (Indecopi).

This benefit will be applied to projects of scientific research, technological development and innovation from 2016, it may also include those projects that have been initiated in the period 2014-2015.

Companies interested in applying for this benefit can communicate with OMC Abogados & Consultores by writing to the following e-mail addresses:

omago@omcabogados.com.pe , marketing@omcabogados.com.pe