1 / 18

Doing Business in Peru

Doing Business in Peru. Potential of Peru. Inhabitants: ~ 28.674.000 Area of Peru: 1.285.220 km² (496.226 square miles) Official Currency: Nuevo Sol (PEN). Spoken languages: Spanish, Quechua, Aymará Borders: With Bolivia, Brazil, Chile, Colombia, Ecuador Capital: Lima

Mia_John
Download Presentation

Doing Business in Peru

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Doing Business in Peru

  2. Potential of Peru www.hernandez-randich.com

  3. Inhabitants: ~ 28.674.000 • Area of Peru: 1.285.220 km² (496.226 square miles) • Official Currency: Nuevo Sol (PEN). • Spoken languages: Spanish, Quechua, Aymará • Borders: With Bolivia, Brazil, Chile, Colombia, Ecuador • Capital: Lima • Typical products: fish and fish products, gold, copper, zinc, petroleum, coffee, sugar, cotton • Voltage: 220 V / 60 Hz • Telephone prefix number: Peru phone country code ++51 • Time Zone: GMT/UTC -5 www.hernandez-randich.com

  4. Mining: Several Megaprojects Bayóvar US$ 479 mill. Toromocho US$ 2,000/2,200 mill. 2010-2012 Río Blanco US$ 1,440 mill. 2011-2012 Las Bambas US$ 1,000 mill. 2011-2012 Minas Conga US$ 1,000 mill. 2010-2015 Los Chancas US$ 1,000 mill. 2013-2015 La Granja US$ 1,000 mill. 2012-2014 Galeno US$ 900 mill. 2010-2015 Quellaveco US$ 1,000 mill. (aprox.) 2011-2013 Michiquillay US$ 700 mill. 2012 Southern Tía María y Ampliaciones Toquepala, Cuajone y Refinería US$ 1,174 mill. 2008-2011 Cerro Corona US$ 421 mill. 2008 Cajamarquilla: Ampliación de Refinería de Zinc US$ 500 mill. 2007-2009 www.hernandez-randich.com Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

  5. Gas and oil: New developments Perenco (ex Barrett) Lote 67 Marañón River US$ 1,600 mill. 2008-2010 Refinery of Talara Modernizatión US$ 1,000 mill. 2009-2011 North of Peru Oil Duct US$ 800 mill. 2010-2011 REPSOL Lots 39, 57, 76, 90, 103, 109 Exploración, Processing plant and duct US$ 1,000 mill. 2008-2015 Peru LNG: Liquefaction plant. Transportation of natural gas and investment in field US$ 3,800 mill. Hasta 2010 Additionally: Investment engagements in oil lots already awarded by more than US$ 1,000 mill. (2008-2012) REPSOL La Pampilla Modernizatión US$ 450 mill. 2009-2012 www.hernandez-randich.com Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

  6. Oil & Quemistry: Expansion based in Camisea • Additionally: • Enaex - FertilizerUS$ 400 mill. (2012-2013) • Premium Oil US$ 1,000 mill. (2013-2015) CF Industries Basic Oil & Quemistry US$ 1,000 mill. 2012-2013 Protexa Basic Oil & Quemistry US$ 500 mill. 2012-2013 www.hernandez-randich.com Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

  7. Real State & Retail Falabella Group 2008-2011: 31 Tottus 2008-2011: 5 Mall Plaza Ripley: 2008: 4 tiendas 2009: 2 tiendas Parque Arauco US$ 150 mill. (2008 -2009) Terra Mar Projects Piedras Gordas US$ 750 mill. 2008-2018 Jockey Plaza US$ 100 mill. (2008-2010) Supermercados Peruanos US$ 50 mill. (2008) Collique US$ 150 mill. 2009-2012 Investments Wong Group National wide US$ 80 mill. (2008) Graña y Montero: Los Parques del Agustino US$ 57 mill. 2008 Adicionally: More than US$ 110 mill. in Lima (3 projects), Cusco y Arequipa. www.hernandez-randich.com Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

  8. Ground Transportation Hub Amazonas Centro US$ 160 mill. IV 2008 Road Network N°2 Interoceánica Sur (Urcos-Inambari) US$ 93 mill. 2008-2010 Road Network N°4 (Pativilca – Santa – Trujillo) US$ 150 mill. IIIT 2008 Road Network N°3 Interoceánica Sur (Inambari-Iñapari) US$ 142 mill. 2008 Proyecto tren eléctrico US$ 280 mill. IT 2008 Road Network N°4 Interoceánica Sur (Azángaro-Inambari) US$ 120 mill. 2008 Road Network N°6 (Pucusana-Cerro Azul-Ica) US$ 183 mill. 2007-2010 Road Network N°5 Interoceánica Sur (Ilo-Matarani-Azángaro) US$ 184 mill. 2008-2009 Road Network N°1 Interoceánica Sur (Marcona-Urcos) US$ 99 mill. 2008 www.hernandez-randich.com Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

  9. Ports & Airports Paita Terminal port US$ 160 mill. IIIT 2008 • Adicionalmente: • Equipment Enapu: US$ 193 mill. (2008-2010) • Regional Airports- 1st group: US$ 135 mill • Regional Airports – 2nd group: US$ 155 mill (IVT 2008) South Dock US$ 617 mill. 2008-2011 -2015 Ancón - Terminal of containers and bulk cargo. 2008-2010 Chancay Terminal of Bulk cargo, Minerals & Terminal of Containers 2010-2011 Mining Terminal Counter US$ 80 mill. 2008-2010 Végueta Terminal of Minerals US$ 40 mill. 2008-2010 Dock No. 5 US$ 100 mill. (aprox.) 2010 International Airport of Cuzco2012-2015 Ilo Port Terminal US$ 100 mill. IIIT 2008 www.hernandez-randich.com Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

  10. Key Points www.hernandez-randich.com

  11. SUNAT administrates following taxes: • Income Tax.- 30%.- Tax payers make monthly advance payments calculated in a % of the monthly incomes and liquidate at the moment of the presentation of tax declaration in March following year. There are more specifications depending on the industry. “Income Tax Code” regulates all transactions. • Monthly Sales Tax 19%.- It is a system that tax the consume. Tax payers apply the 19% over the sale or purchase of goods and pay the difference to SUNAT if sales tax is bigger than purchase tax. On the contrary, there will be a credit tax on behalf of the tax payer that will be applied to the next month Sales tax calculation. There are more specifications depending on the industry. “Sales Tax Code” regulates all transactions. www.hernandez-randich.com

  12. Import Duties.- It is a percentage applied to the import of goods: 12% of the customs value. “Customs Code” regulates all operation. • Dependant work income tax.- 15% of monthly salary. With scales depending on the income level. Regulated by Income Tax Code. • Independent work income tax: 10% Professional services. Regulated by Income Tax Code. • Tax on rental property: 6%. Regulated by Income Tax Code. www.hernandez-randich.com

  13. SUNARP regulates all property rights issuing the corresponding registration. • CENTRAL BANK OF RESERVE control the liquidity into the system and could intervene to take care of financial emergency situations. • JUSTICE SYSTEM administrantes Justice through the Supreme, Superior and Specialized Courts. www.hernandez-randich.com

  14. EFFICIENT BANKING SYSTEM.- • STOCK EXCHANGE INSTITUTION. • STRONG PENSION FUNDS INSTITUTIONS. • CHAMBERS OF COMMERCES SPREAD AROUND THE COUNTRY. www.hernandez-randich.com

  15. Our office www.hernandez-randich.com

  16. As a leader consultancy firm located in Lima we are used to handle every project as a business challenge. • During all these last 19 years of experience we have received a good range of job requests from national and multinational organizations. • Our expertise is based on Accounting, Taxing, Auditing, Human Resources Outsourcing. www.hernandez-randich.com

  17. Our team is continuously trained in a program called “Permanent Training Program” so that our partners and associates are always ready to respond with precision and certainty. • Our organizational structure is based on “Delegation of Responsibility” to our staff always supervised by more experienced members of our firm to ensure that all queries and needs are properly cleared and satisfied respectively. • We are very aware of your financial needs: having the right information at the right time. We support our clients on the issuance of the “Financial Reporting Package” to be correctly issued into the first five days of each month as a policy of high priority from our clients. www.hernandez-randich.com

  18. OUR PARTNERS: • RAUL HERNANDEZ .- Economist, Certified Public Accountant. raul.hernandez@hernandez-randich.com • ROSANA RANDICH .- Auditing, Certified Public Accountant. rosana.randich@hernandez-randich.com •  JENNY RANDICH .- Administration & Finances, Certified Public Accountant. jenny.randich@hernandez-randich.com OUR ASSOCIATES: • CARLOS SUAREZ .- Auditing, Certified Public Accountant. • RODRIGO CALLUPE.- Criminal Law, Taxing Law. • ENRIQUE UGAZ.- Certified Public Accountant, Diplomed in Cost Accounting. • MANUEL VELASQUEZ .- Certified Public Accountant, Taxing Law, Diplomed in International Trade. manuel.velasquez@hernandez-randich.com www.hernandez-randich.com

More Related