You can freely bring to Peru the foreign currency and your investment is guaranteed by the State. It can not be regarded by the Tax Administration as an undisclosed income from the Peruvian source, neither used by the taxpayers to evidence unjustified increases of their assets.
Foreign Currency Entry to Peru
Business organization forms
No restriction for the alien investor’s participation in a company is set forth in the Peruvian law, thus, he can hold any percentage or number of shares.
Labor Situation
The Peruvian legislation offers different kinds of employment agreements, i.e. fixed term agreements of temporary, eventual nature or for work.
Public Entities and OrganismsTax Stability Agreements
The investor is guaranteed the tax stability by the agreements –law executed by the State.
Introduction
The workers employed for indefinite term are entitled to:Double Taxation Agreements
These are agreements, whereby the States grant relief from taxes on certain gains and agree to assign such collection right to one of them or two signing States jointly impose taxes and share them.
The branches
The branches, founded in Peru either by the companies constituted in Peru or foreign corporations, are regulated by the General Law of Companies.
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