FACULTY OF BUSINESS SCIENCES

PROFESSIONAL SCHOOL OF ACCOUNTING

Return and Payment, Form 621

AUTHOR(S):

Tocas Idrogo, Amner Kevin

ADVISOR(Es):

Mgtr. CARLOS AUGUSTO ESTRADA AGUILAR

CHEPÉN — PERU

(2023)
INDEX
Introduction ............................................................................................................................ 23
................................................................................................................................................... 2
Development .......................................................................................................................... 33
................................................................................................................................................... 3
What is Form 621? ............................................................................................................. 33
............................................................................................................................................... 3
What is Virtual Form 621? ................................................................................................. 33
............................................................................................................................................... 3
How to download and install Form 621 IGV Monthly Income? ....................................... 33
............................................................................................................................................... 3
Declaring and Paying Taxes in General Regime ................................................................. 33
............................................................................................................................................... 3
Conclusions ............................................................................................................................. 44
................................................................................................................................................... 4
References .............................................................................................................................. 34
................................................................................................................................................... 3
Introduction
Form 621 is an essential tax tool used by taxpayers in Peru to calculate and
pay their taxes efficiently. This form collects the tax data for the tax withheld
or collected, the monthly tax, and the tax credit. This report will provide a
detailed overview of Form 621, its purpose, how it can be downloaded and
installed, and how it can be used to file and pay taxes.

Development
What is Form 621?

Form 621 is a document that can be issued virtually or physically at SUNAT

offices. Its usefulness is based on the filing of monthly IGV-Income tax
returns within a single management entity. Taxpayers have 1 month to file
this form with SUNAT, either through PDT 621 or Declara Fácil.

What is Virtual Form 621?

The Virtual Form 621 is an alternative that simplifies the filing of monthly
IGV-Income Tax returns. It is aimed at those who previously keep Electronic
Books (Sales and Income Register and Purchase Register). This virtual form
simplifies filing the tax return and reduces filling out errors. In addition, it
reduces the time required to enter or complete the information in the return
because some of the information you must include in your return is provided
by SUNAT.

How to download and install Form 621 IGV Monthly Income?

To download and install the Form 621 IGV Monthly Income, taxpayers must
follow a series of steps on the SUNAT website. These steps include accessing
the download page of the Form 621 IGV Monthly Income, downloading the
explanatory pdf if they need an illustrated step-by-step, entering the SUNAT
website, directing the mouse on the "Companies" option, clicking on
"Declaration and Payment", and clicking on "My Declarations and Payments
– Declare Easy".

Declaring and Paying Taxes in the General Regime

Once Form 621 is downloaded and installed, taxpayers can follow a series of
steps to file and pay their taxes in the General Regime. These steps include
logging in with your username and SOL password, accessing the My
Declarations and Payments section, selecting 'Declara Fácil 621 – IGV' and
'Monthly Income', filling in the information required by the system, choosing
'Add Tray', and choosing a Sunat electronic payment option

Conclusions
Form 621 is an essential tool for taxpayers in Peru. It makes it easier to file
and pay taxes, allowing taxpayers to meet their tax obligations efficiently and
effectively. Virtual Form 621, in particular, offers a number of benefits,
including simplifying filing the return, reducing filling errors, and reducing the
time required to enter or complete return information.

References
• SUNAT. (2023). Return and Payment, Form 621.
https://www.formularioshoy.com/peru/formulario-621/
• SUNAT. (2023). Virtual Form 621.
https://gestionesperu.info/sunat/formulario-621-pdt-renta-
mensual/#:~:text=Este%20formulario%20virtual%20toma%20lugar%2
0a%20trav%C3%A9s%20del,lo%20que%20necesitas%20saber%20sobr
e%20el%20formulario%20621.
• SUNAT. (2023). Declaring and Paying Taxes in the General Regime.
https://www.formularioshoy.com/peru/formulario-621/