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Peru company registration

Peru company registration

Lawshi Law Firm's Peru office specializes in providing comprehensive business registration support for Chinese investors. Leveraging our localized team in Lima, we have successfully assisted numerous Chinese companies in establishing their businesses in Peru. Peru, a key destination for foreign investment, serves as a strategic hub connecting the Andean trade network.

15 days
Average registration time
100%
Foreign shareholding ratio
30 million
Population Market
#4
Latin American economies

Recommended Company Type in Peru

Overview of Peru's Investment Environment

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Rich in mineral resources

The world's second-largest copper producer, with world-leading reserves of silver, zinc, and gold, presents tremendous opportunities for mining investment.

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Steady economic growth

It has maintained positive growth for 20 consecutive years, with a low inflation rate, ample foreign exchange reserves, and strict fiscal discipline.

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Sound legal framework

Investment protection laws are comprehensive, arbitration mechanisms are mature, and intellectual property protection is strengthened.

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Agricultural export power

The world's largest exporter of asparagus and blueberries has enormous market potential for organic agricultural products.

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Infrastructure Investment Hotspots

With the government vigorously promoting infrastructure construction, there are numerous PPP project opportunities and strong investment demand.

Investment Highlights

The Peruvian government offers a stable legal framework and tax incentives, particularly in key sectors such as mining, agriculture, and manufacturing. Foreign investors can enjoy protections such as the freedom to repatriate profits and international arbitration for investment disputes. The free trade agreement signed between Peru and China further facilitates trade between the two countries.

SUNARP - Peru's National Public Registry System

Latin America's most advanced business registration system completes the entire process in 72 hours.

Online pre-screening

Document review completed within 24 hours

Real-time query

Check your registration progress anytime

Mobile processing

Remote operation via mobile app

Blockchain Authentication

Anti-counterfeiting verification system

Taxation Essentials

Peru employs a territorial tax system, taxing income earned within its borders. The tax system is relatively simple and transparent, with the government offering tax incentives to specific industries and regions. Peru has signed double taxation avoidance agreements with many countries, including a tax treaty with China.

29.5%
Corporate income tax
Standard tax rate, with preferential treatment for some industries.
18%
Value Added Tax (IGV)
Uniform tax rate for goods and services
5%
Dividend Tax
Profits distributed to non-residents
0-30%
Personal income tax
Progressive tax rates, foreign nationality benefits
0.4%
Financial Transaction Tax
levy on specific financial transactions
Preferential policies
Investment incentives
Mining and agriculture enjoy special preferential policies

Frequently Asked Questions about Company Registration in Peru

Can the SUNARP system really complete registration in 72 hours?

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Yes, but conditions need to be met:

  • Choose SUNARP's "Fast Track" (an additional fee of approximately $100 is required).
  • All documents have been notarized.
  • Use a standard company bylaws template
  • Processing in major cities such as Lima and Arequipa

The standard process takes 7-10 business days. In smaller cities, it may take up to 15 days.

Can foreigners own 100% of a Peruvian company? What are the restrictions?

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Most industries can have 100% foreign ownership, but there are exceptions:

  • Completely prohibited: Broadcasting and television (limited to 49%), air transport (limited to 49%).
  • Border restrictions: Land/mining rights cannot be held within 50 kilometers of the border.
  • Approval required for: weapons manufacturing, private security, and explosive ordnance disposal.
  • No restrictions: Manufacturing, services, trade, technology, etc.

Can I really get an RUC tax number on the same day?

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Yes, Peru is one of the few countries where you can get a tax number on the same day.

  • Bring the original SUNARP registration certificate
  • Legal representative's identity certificate
  • Lease agreement or proof of address
  • Processed at the SUNAT office, approximately 1 hour.

Tip: It's recommended to go in the morning, as it gets crowded in the afternoon. The SUNAT office in San Isidro, Lima, is the most efficient.

What is Libro de Actas? Why must we digitize by 2024?

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Libro de Actas is the statutory meeting minutes book:

  • Record all shareholder meeting and board meeting resolutions
  • It has legal effect and influences major company decisions.
  • Traditional paper versions are easily lost or altered.

Mandatory digitalization requirements by 2024:

  • A SUNARP-certified digital platform must be used.
  • Upload within 48 hours of each meeting
  • Automatically generate timestamps and digital signatures
  • Fines for violations range from $500 to $5,000.

Are Notario notary fees in Peru very high?

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Fees vary depending on the city and the notary office:

  • Lima: 300-500 soles ($75-125 USD)
  • Other cities: 200-350 soles (US$50-90)
  • Express service: 50% extra charge
  • Video notarization: 100 soles extra charge

Money-saving tip: Avoid notary offices in affluent areas like Miraflores and San Isidro, and choose middle-class areas like Jesús María and Lince.

Is it difficult to open a bank account in Peru? Which banks are friendly to foreign investors?

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Relatively easy, recommended bank ranking:

  • BCP (Banco de Crédito): The largest bank, friendly to foreign investors, and accepts USD accounts.
  • BBVA: An international bank with simple procedures, suitable for cross-border business.
  • Scotiabank: A Canadian bank with good English-speaking service.
  • Interbank: A local bank with lower fees.

Required documents: RUC, Articles of Association, Legal Representative's Identification Documents, Proof of Address. Approval typically takes 5-7 business days.

What is the PDT monthly tax return in Peru?

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PDT (Programa de Declaración Telemática) is a mandatory monthly tax filing requirement.

  • You must report every month, even if you have no income.
  • Submit online through SUNAT's SOL system
  • This includes IGV (Value Added Tax), prepaid income tax, and employee tax.
  • The deadline is determined by the last two digits of the RUC number (usually between the 7th and 15th of the following month).
  • Overdue penalties start from 50 soles

Recommendation: Hire a local accountant to handle this; the monthly fee is approximately 200-500 soles.

What are the essential differences between an EIRL sole proprietorship and a SAC?

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Key differences:

Project E.I.R.L. S.A.C.
Number of shareholders Only 1 person 2-20 people
Capital increase flexibility Complicated Easy
Transfer method Overall transfer Share transfer
Bank loans Difficult Relatively easy

Recommendation: Even if you are starting a business alone, it is advisable to choose SAC and find a nominal shareholder to hold 1% of the shares.

Ready to do business in Peru?

Our professional team is ready to provide you with Peruvian company registration and commercial legal services

Contact us