Peru company registration

DOING BUSINESS IN PERU IN 2017

Registering a company in Peru is a legitimate way for global entrepreneurs and foreign companies to conduct business not only in the country, but also throughout South America. Healy Consultants Group PLC provides company registration services to our Clients willing to expand to this market.

Since 2003, Healy Consultants Group PLC has assisted our Clients with business registration in Peru. Our services include i) Peru company incorporation ii) government license registration iii) business bank account opening iv) employee recruitment v) visa strategies and vi) office rental solutions.

SummaryTax resident LLCFree Zone Company Joint Stock companyBranchNominee fast solution
Also known asSociedad de responsabilidad limitadaSL or SASociedad AnonimaSurcusalsolucion rapida
Best use of company?All products and servicesManufacturing and export tradingProduction companySpecific projectsClose a customer deal now
How soon can you invoice Clients/sign sales contracts?6 weeks7 weeks4 months7 weeks4 weeks
How soon can you hire staff?6 weeks7 weeks4 months7 weeks4 weeks
How soon can you sign a lease agreement?6 weeks7 weeks4 months7 weeks4 weeks
How long to supply corporate bank account numbers?10 weeks11 weeks8 months11 weeks5 weeks
How long to supply company registration / tax numbers?10 weeks11 weeks8 months11 weeks5 weeks
Corporate tax rate on annual net profits?29.5%0%29.5%29.5%29.5%
Limited liability entity?YesYesYesNoYes
Resident director/partner/manager/ legal representative required?YesYesYesYesYes
Minimum paid up share capital?US$1US$1US$1noneUS$1
Corporate bank account location?GNB BankCiti BankDeutsche BankGNB BankStandard Chartered Bank
Can secure trade finance?YesNoYesYesNo
VAT payable on sales to local customers?18%18%18%18%18%
Average total business set up engagement costs?US$16,000US$17,890US$17,300US$17,300US$21,360
Average total engagement period?3 months4 months4 months4 months3 months

See full table

Accounting and tax considerationsTax resident LLCFree Zone Company Joint Stock companyBranchNominee fast solution
Statutory corporate tax payable?29.5%0%29.5%29.5%29.5%
Legally tax exempt if properly structured?NoYesNoNoNo
Must file an annual tax return?YesYesYesYesYes
Must file annual financial statements?YesYesYesYesYes
Must appoint an auditor?NoNoYesNoNo
Access to double taxation treaties?YesYesYesYesYes
Withholding tax on payments to foreign shareholders?5%5%5%5%5%
Company RegistrationTax resident LLCFree Zone Company Joint Stock companyBranchNominee fast solution
Resident director/partner/manager/ legal representative required?NoNoNoYesNo
Minimum number of shareholders/partners?222Parent company2
Maximum shareholding for foreigners?100%100%100%100%100%
Minimum statutory paid up share capital?US$1US$1US$1NoneUS$1
Shelf companies available?YesNoYesNoYes
Time to incorporate a new entity?6 weeks7 weeks4 months7 weeks4 weeks
Can easily convert to a PLC?YesYesYesNoYes
Public register of shareholders and directors?YesYesYesYesYes
Can have preference shareholders?YesYesYesNoYes
Business ConsiderationsTax resident LLCFree Zone Company Joint Stock companyBranchNominee fast solution
Good entity for trademark registration?YesYesYesYesYes
Can secure an import and export license?YesYesYesYesYes

Government grants available?Yes
Government approval required for foreign owners?No
Can bid for Government contracts?Yes
Sponsorship by a local citizen required?No
Our Client needs to travel to Peru for business set up?No
Temporary physical office solutions available?Yes
Group HQ tax incentives?No
Security deposit to be kept with Government?No
You need a local resident as bank signatory?No
Can be wholly foreign owned?Yes
The entity will likely be regulated by?Public Register of Peru
Minimum number of directors/managers?1
Monthly VAT reporting to the Government?Yes
Must sign an office lease agreement during incorporation?No
Shareholders & directors documents to be attested/translated?Yes
Each foreign director needs a personal income tax number?Yes
Foreign director needs a residence visa?No
Maximum number of staff allowed?No maximum number for any entity
Expatriate to local staff ratio?None
Can secure residence visa for business owner?Yes
Other useful information
What will be included in my customer sales invoice?Click link
This country has signed free trade agreements?Yes
This country is a member of WIPO/TRIPS?Yes
This country is a member of the ICSID?Yes
Average custom duties suffered?5.78%
Government foreign investment approval required?No
Average monthly office rental? (US$ per sq m)US$20
Minimum statutory monthly salary?US$256
Average monthly US$ salary for local skilled employees?US$525
US$ deposit interest rate? (1 year average)0.22%
Overseas remittance currency controls?None
Banking considerations
Multi-currency bank accounts available?Yes
Corporate visa debit cards available?Yes
Quality of e-banking platform?Good
Crowd funding available in this country?Yes

Tell us what you need - we’ll send you a customised proposal in 5 hours!

Frequently asked questions

Contact us

For additional information on our company registration services in Peru, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
central reserve bank of Peru  Peru travel Peru supervisory agency for state procurement (OSCE)  Lima airport, Peru Peru national superintendency of immigration government portal Ministry of economy and finance Ministry of foreign affairs of Peru