Posts by Accounting Team Peru- Business News and Updates


Articles written by this author include Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Professional Employer Organization (PEO) news, Q&A with experts, and more.

Key Business Accounting Services in Peru for Your Expansion

Key Business Accounting Services in Peru for Your Expansion

Utilizing professional business accounting services in Peru is an important step to comply with your fiscal duties. When expanding your business into a new country, it can be complex to understand and have the resources to take care of all accounting procedures. In this sense, seeking professional help from local accountants becomes a great asset. Key activities that your business must comply...

Peru Accounting Consultant Explains the Accounting Closing Process

Peru Accounting Consultant Explains the Accounting Closing Process

We approached our Peru Accounting Consultant for insight into undertaking the accounting closing process in Peru. As the end of the year approaches, companies are preparing their yearly financial statements. While preparing these statements, it is important to be mindful of requirements and regulations that apply to companies earning income in Peru. Financial statements are the base to calculate...

Your Essential Guide to Mastering the Peruvian Tax System

Your Essential Guide to Mastering the Peruvian Tax System

Before establishing a business in Peru, many businessmen and women have doubts about how the Peruvian tax and accounting systems function, and what must be considered in order to comply with the national tax authority in Peru - Superintendencia Nacional de Aduanas y de Administración Tributaria (SUNAT). It is essential to not only understand the Peruvian company formation process, but also the...

Tax Accountant: When Do You Have to Pay Taxes in Peru in 2018?

Tax Accountant: When Do You Have to Pay Taxes in Peru in 2018?

Peru has an interesting corporate tax system whereby, to meet their annual corporation tax liability, companies are required to make monthly advanced payments on account calculated as 1.5% of their monthly revenue. At the end of the year, the company simply deducts these advance payments on account from their total corporation tax liability to determine the balance payable. As the deadline for...

Outsourcing Accounting Services in Lima, Peru

Outsourcing Accounting Services in Lima, Peru

In the following report, we will give an overview of why there has been a growth in the demand for professional accounting services in Lima, Peru. The overview will briefly summarize the economic outlook and trends in the Andean nation, most notably in the Mergers and Acquisitions(M&A) market, explain the recent changes in taxation laws in Peru and the opportunities and challenges they...

What are the Tax and Accounting Requirements in Peru?

What are the Tax and Accounting Requirements in Peru?

Accounting tax in Peru: When a company considers moving into a new market, one key factor to be considered in the decision making process is Peru's accounting tax. Factors such as corporation tax rate, value added tax (VAT) rates, double taxation relief must all be taken into account. Additionally, it is important to understand the country's financial reporting framework, is it a local...

What Are The Peruvian Tax Obligations?

What Are The Peruvian Tax Obligations?

Thanks to its incredible diversity and rich culture, Peru has been drawing in millions of tourists every year in the past decade. This, in turn, has helped attract serious foreign investors and entrepreneurs, who are looking to tap into the market. Business opportunities in the land of pisco sour are very accessible to foreigners, as long as they are able to understand the intricacies of their...

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