Expanding into the Peruvian market offers a strategic opportunity for foreign industrial companies looking to establish a presence in Latin America. The country enjoys economic stability, a privileged geographic location, and an extensive network of trade agreements promoting international exchange. Conversely, a successful setup requires understanding the legal, operational, and administrative stages involved in the industrial soft landing process.
1. What Does Industrial Soft Landing Entail?
Soft landing is a comprehensive process that facilitates the arrival and adaptation of foreign companies to a new business environment. The industrial sector in Peru covers the legal business incorporation, obtaining permits and licenses, opening bank accounts, tax management, and identifying opportunities for local collaboration.
Beyond administrative procedures, soft landing also entails adapting production infrastructure, importing equipment, hiring technical personnel, and complying with safety and environmental regulations. Specialized advice ensures the performance of each stage in accordance with Peruvian regulations, reducing risks and optimizing time.
2. Legal and Regulatory Aspects of Establishment
The Peruvian regulatory framework offers various options for establishing foreign companies, including subsidiaries, branches, and joint ventures. Choosing the appropriate legal structure depends on the type of industry, commercial projections, and investment objectives.
Likewise, the required industrial, health, and environmental permits are indispensable, depending on the nature of the operation. The competent authorities—such as the Ministry of Production, Environment, or local governments—participate in the evaluation and granting of these authorizations.
Tax and accounting compliance also involves initial obligations. The company must register with the SUNAT (Superintendencia Nacional de Aduanas y Administración Tributaria – National Superintendency of Customs and Tax Administration), implement an accounting system adapted to local regulations, and keep its periodic returns up to date.
3. Commercial and Operational Preparation
In addition to legal aspects, successful entry into the Peruvian market requires a solid commercial and operational strategy. Among the most relevant actions are:
- Local market analysis: Identify demand, competition, and the most appropriate distribution channels for industrial products or services.
- Location and infrastructure: Evaluate strategic industrial areas that facilitate logistics, access to suppliers, and proximity to harbors or major roads.
- Talent management: Understand the Peruvian labor framework and establish hiring and training policies that promote productivity and regulatory compliance.
- Supply chain: Plan the importation of machinery and raw materials, along with the corresponding customs and logistics procedures.
4. Benefits of a Specialized Soft Landing Service
Having professional support during the setup process has many advantages. Specialized soft landing services offer comprehensive support in key areas such as:
- Legal, accounting, and tax advice.
- Management of industrial and environmental permits.
- Search for land, warehouses, and offices.
- Assistance with imports and product registration.
- Recruitment and management of local personnel.
These consulting firms provide ongoing support during the initial stages of operation, ensuring that the company complies with all regulations and can focus on its core business.
5. Expansion and Consolidation Strategy
The industrial soft landing should be understood as a strategic investment in the internationalization process. Proper planning enables companies to quickly adapt to the regulatory environment, minimize contingencies, and leverage the benefits derived from existing trade agreements.
With a structured approach, companies can enhance their influence in the Peruvian market, consolidate local partnerships, and develop sustainable long-term operations.
For a safe and efficient expansion into Peru with expert support, our team specializing in industrial soft landings is here to assist you.