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Business Guide for Peru

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New content in our Business Guide

Due to many requests and inquiries to business related subjects we started expanding our "Business Guide for Lima & Peru". New interesting and informative topics include include a "Country Risk and Investment Grade", "Company & Corporation Types in Peru" and "How to set up a Company or Corporation in Peru".

Country Risk and Investment Grade - Peru

Peru has been given good forecasts by the best-known risk rating agencies, which have not only ratified the country's investment grade but have also raised the Peruvian sovereign credit rating. The factors that back this rating are the solid economic prospects reflected in a minimum growth estimate of 5.0% of the GDP for 2013, and an estimated 6.0% for 2014. These economic forecasts are backed by the rapid growth in investment and the significant drop in fiscal and external vulnerabilities, all within the context of several sources of growth, with low inflation and strong macroeconomic fundamentals.

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Company & Corporation Types in Peru

There are different types of legal entities which investors can use in order to incorporate businesses in Peru. The main legal forms of companies according to law are: corporation, limited liability companies, branch offices, joint venture, etc. Any proceedings may be carried out directly or through a representative. The following corporation and company types are those most commonly used in the country.

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How to set up a Company or Corporation in Peru

Any company established in Peru with national or foreign capitals is governed by the General Law on Companies. Companies are established in a sole act performed by the founding partners. To establish a Company only two partners who may be individuals (or a corporate body) and the preparation of the Minutes of Incorporation are required. The process of setting up a company (framework) usually takes about four to six weeks (not including the time consuming Municipal permits for the offices or production premises).

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GuestSunday, 25 August 2019