Peru company registration

Peru company registration

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 provides company registration services to our Clients willing to expand to this market.

Since 2003, Healy Consultants 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 LLCLLPFree Zone CompanyJoint Stock CompanyBranchNominee Fast Solution
Best use of company?Trading CompanyProfessional servicesManufacturing companyProduction companyConsolidating income and expensesFast Business Setup
Legally tax exempt if properly structured?NoNoYesNoNoNo
Corporate bank account in Peru?GNB BankStandard Chartered BankCiti BankDeutsche BankBBVAGNB Bank
Client must travel to Peru?NoNoNoNoNoNo
Can secure trade finance?YesYesYesYesYesYes
Limited liability entity?YesYesYesYesNoYes
VAT payable on sales to local customers?18%18%18%18%18%18%
Withholding tax on payments to shareholders?6.80%6.80%6.80%6.80%6.80%6.80%
Average total engagement costs?US$16,000US$18,500US$17,890US$17,300US$17,300US$21,360
Average total engagement period?12 weeks14 weeks14 weeks14 weeks15 weeks12 weeks
Accounting and tax considerationsTax resident LLCLLPFree Zone CompanyJoint Stock CompanyBranchNominee Fast Solution
Statutory corporation tax payable?28%0%0%28%28%28%
Must file an annual Peru tax return?YesNoNoYesYesYes
Must file annual financial statements?YesNoNoYesYesYes
Access to double taxation treaties?YesNoYesYesYesYes
This entity enjoys Government incentives?YesYesYesYesYesYes
Monthly VAT reporting to the Government?YesYesYesYesYesYes
Legally tax exempt entity?NoNoYesNoNoNo
Dividends received are legally tax exempt?NoNoNoNoNoNo
Company registrationTax resident LLCLLPFree Zone CompanyJoint Stock CompanyBranchNominee Fast Solution
Peru resident director\partner\manager required?NoNoNoNoYesNo
Minimum number of shareholders\partners?2222Parent company2
Minimum number of directors/managers?111111
Minimum paid up share capital?NoneNoneNoneNoneNoneNone
Shelf companies available?YesNoNoNoNoYes
Time to incorporate a new entity?6 weeks7 weeks7 weeks7 weeks7 weeks6 weeks
Can easily convert to a local PLC company?YesNoYesYesNoYes
Can have preference shareholders/partners?YesYesYesYesNoYes
Business considerationsTax resident LLCLLPFree Zone CompanyJoint Stock CompanyBranchNominee Fast Solution
Can invoice local customers?YesYesYesYesYesYes
Can hire local staff?YesYesYesYesYesYes
Can rent local office space?YesYesYesYesYesYes
Secure a residence visa for business owner?YesYesYesYesYesYes
Good entity for trademark registration?YesYesYesYesYesYes
Government foreign investment approval is required?NoNoYesNoNoNo
Other useful informationTax resident LLCLLPFree Zone CompanyJoint Stock CompanyBranchNominee Fast Solution

Peru has signed free trade agreements?Yes, see this page
This country is a member of WIPO and TRIPS?Yes
The country is a member of the ICSID?Yes
Average customs duties suffered?10.2%
Average monthly office rental? (US$ per sq m)US$25.5
Minimum statutory monthly salary?US$221
Average monthly US$ salary for local employees?US$496
Peruvian Sol deposit interest rate? (1 year average)2.25%
US$ deposit interest rate? (1 year average)0.22%
Overseas remittance currency controls?No
Public register of shareholders and directors?Yes
Banking considerations
Multi-currency bank accounts available?Yes
Corporate visa debit cards available?Yes
Quality of e-banking platform?Excellent
Crowd funding available in this country?Yes

Frequently asked questions

Contact us

For additional information on our company registration services in Peru, please email us at 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