Peru News: Register a company in Peru in 2022

Peru, as well as many other countries, lives day-by-day facing the new reality of dealing with the sanitary emergency caused by the COVID-19; therefore, Peru seeks to intensify the use of technology and different digital tools to achieve an effective economic reactivation, avoiding the spread of this virus. The current situation has driven to adopt new health measures to reduce the spread, which has led many entrepreneurs to reinvent themselves.

The Peruvian Government has always looked for standardizing its processes and becoming a business-friendly country giving the same benefits and applying the same regulations for national and foreign investors. Due to the current situation, Peru wants to facilitate processes to do business in order to attract more investors, this entails systematizing certain procedures as company formation, online solutions with public and private entities.

Types of companies in Peru

There are different types of company structures that entrepreneurs have available to start a business. For that reason, you have to choose the one that is best suited to your company activities.

It is known that the most common type of corporation in Peru is the Sociedad Anónima Cerrada – S.A.C. (Private Closed Corporation) due to its flexible nature, but there are other types of corporate structures, among them we can mention:

Limited Liability Company (Empresa Individual de Responsabilidad Limitada – E.I.R.L.)
Joint Stock Company (S.A.) These Corporations can be open “Open Stock Corporation” (Sociedad Anónima Abierta – S.A.A.) or closed “Private Closed Corporation” (Sociedad Anónima Cerrada – S.A.C.)
Commercial Limited Liability Company (Sociedad Comercial de Responsabilidad Limitada – S.R.L.)

You can find more information by clicking on the link to read our article Most Common Types of Company in Peru.

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COVID-19: Digital Registry in the incorporation of companies in Peru

One of the important news this year, is that the National Superintendence of Public Registries (Superintendencia Nacional de los Registros Públicos – SUNARP) allows the registration of the incorporation of companies through its online platform SID-SUNARP, in order to speed up the flow of investors interested in establishing a company in Peru.

“To provide that, as of May 25, 2020, the legal documents containing the articles of incorporation of Joint Stock Companies, Private Closed Corporations, Limited Liability Companies and Individual Limited Liability Companies to be registered in the Registry of Legal Persons of the Registry Office of Lima and the Registry Office of Callao, both of the Registry Zone No. IX – Lima Headquarters, are issued with digital signature and are processed exclusively through the SUNARP Digital Intermediation System (SIDSUNARP), pursuant to the Thirteenth Complementary Provision, Transitory and Final Provision of Legislative Decree No. 1049.”

— Resolution of the National Superintendence of Public Registries

Once the registration is completed at SUNARP, the National Superintendence of Customs and Tax Administration (Superintendencia Nacional de Administración Tributaria – SUNAT) will automatically assign the RUC number of the incorporated company.

Furthermore, the notary must deliver the access request form (if applicable), the SOL password and user code to the legal representative of the company so that he/she can access the Peruvian Tax administration (SUNAT) Online Operations.

These measures facilitate the delivery process of the articles of incorporation of companies by notaries. This disposition will be permanent as a positive consequence of the state of emergency, propelled by the COVID-19.

In addition, we provide here a link of a detailed article on How to form a company in Peru, you can also watch the following video that explains in an interactive way the steps to follow:

Get in touch with Easyco

Peru is a country open to foreign investment with strong macroeconomic policies. To make sure you register a company in Peru the right way, get in touch with Easyco, our experts make sure you have a hassle-free company formation process that complies with all Peruvian laws.

At Easyco, we make company formation in Peru easy; our team of corporate experts has vast experience helping companies and individuals register their business in Peru, with a proven track record of success across all of our services. Easyco aims to tackle the complex company formation processes across LATAM and makes business registration easy by providing a hassle-free online company registration experience. Start your company in Peru today!