Regulations for Expatriates in Peru Understanding Peru’s legal framework for hiring expatriates is essential for foreign professionals and companies. Compliance requires careful attention to immigration, tax, and labor regulations.             Legal Limits on Hiring Foreign Personnel Peruvian law imposes two key restrictions on companies hiring foreign workers:• Salary Cap: Foreign […]

Peru: Free Trade Agreements       These treaties have diversified the Peruvian economy, reduced its dependence on traditional export markets, and fostered competitiveness. Below is a summary of Peru’s main FTAs, including their dates of signing and primary objectives:                 Bilateral Agreements    Explore Peru’s most influential

Peru: Taxes and Labor Costs   Tax impact on salary Employer Employee -9% (Social Security) -13% (Government Pension Fund) or -0.90% (basic tax for work accidents insurance, certain industries)plus a % based on each industry) -11-12% ( Private pension Fund)-Income Tax bracket Cost of labor benefits in payroll Employer   9.72% – 30 days’ salary

Debt Collection in Peru  If you are doing business in Peru or planning to do it, here you have some information and advice that could help you to decide the most secure way to do it. If your client tells you that issuing a letter of credit in Peru is very expensive, you have to