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Company Formation Peru

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Peru is without a doubt one of the fastest growing economies in Latin America. Its growing international attraction, lucrative mining industry, and business-friendly incentives are some of the reasons for the success the Peruvian market is experiencing. Although it is enticing, it can be difficult to do business in a country where one does not fully understand the regulations and laws to form a company there. In order to help you get a better insight on the steps in this process, our Peruvian business experts have created a company formation presentation for Peru.

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Company Formation Peru

  1. 1. How to Form a Company in Peru? www.bizlatinhub.com
  2. 2. Why Incorporate a Company in Peru? Diverse range of attractive business opportunities National policies that facilitate foreign investment One of the fastest growing Latin American economies A well-developed mining sector Wide range of trade opportunities
  3. 3. Types of Legal Entities Closely Held Corporation Limited Liability Company Publicly Held Corporation Foreign Branch Office The majority of companies that are set up in Peru are Closely Held Corporations (Sociedad Anónima Cerrada – S.A.C.). This presentation will outline the process of forming a Closely Held Corporation.
  4. 4. Fact Sheet S.A.C. Yes Is foreign ownership allowed? Yes Can the company sponsor foreign employees? No Are there capital controls? 6 – 8 weeks once all documentation is received How long does it take? (including bank account) Yes, S/500 PEN Is there a minimum share capital? 2 Shareholders What is the minimum number of shareholders? Yes Are a fiscal address and legal representation required?
  5. 5. How to do it. In order to successfully form your company, you will have to follow the steps outlined in this presentation. There are 6 main steps involved in this process.
  6. 6. Step 1 A POA is a legal document that enables Biz Latin Hub to form the company on your behalf. Draft and Sign a Power of Attorney (POA)
  7. 7. Step 2 The company bylaws define a company’s purpose and how it will operate. Create the Company Bylaws
  8. 8. Step 3 With the Superintendence of Public Registries (SUNARP). Register the Company
  9. 9. Step 4 Register with the national tax authority (SUNAT) and obtain the company taxpayer ID (RUC). Obtain the Company Tax ID Number
  10. 10. Step 5 You will have to open a corporate bank account and deposit the required capital to activate it. Open and Activate a Corporate Bank Account
  11. 11. Step 6 Subscribe the initial company capital and begin operations. Initial Company Investment
  12. 12. Biz Latin Hub is a market leader in helping individuals and companies to successfully do business globally and has multilingual services that are reliable, tailored and responsive. Our group is owned and managed by an experienced team of local and expat professionals, dedicated to assisting our clients to navigate their way through the complexities of the global business environment. We can help!
  13. 13. See how our services can support your global expansion. Due Diligence Legal Services Accounting & Taxation
  14. 14. Are you ready to expand globally? Contact us now. contact@bizlatinhub.com www.bizlatinhub.com

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