Starting a business in Peru requires more than just a good idea or initial capital; it requires strategic planning that includes solid legal, tax, and accounting aspects. Incorporating a company is not just a formal procedure, but a process that defines the structure, operation, and legality of your organization.
Why is it important to formalize your company?
Formalization allows you to operate legally, access financing, contract with the government, and protect your personal assets. It also positions you as a reliable company in the market and ensures compliance with current tax and labor regulations.
Key steps for setting up a company in Peru
- Defining the type of company: It is essential to choose the most appropriate legal form: Natural Person with Business, EIRL, SRL, SAC, or S.A. Each has different legal, tax, and administrative implications.
- Searching for and reserving a name: You must verify the availability of the trade name at SUNARP. This step prevents future conflicts over rights of use.
- Preparation of the articles of incorporation: This is where a lawyer specializing in business law comes in, who will draft the articles of incorporation, including the articles of association, bylaws, capital contributions, and corporate purpose, among other things.
- Notarization: The document must be notarized in order to be legally valid and can be registered in public records.
- Registration with SUNARP: This step gives the company legal personality and allows it to operate legally.
- Registration with SUNAT: The RUC (Tax Identification Number) is obtained, the corresponding tax regime is declared, and the issuance of electronic payment receipts is requested.
- Municipal license and other permits: Depending on the business, you may need additional licenses such as Civil Defense, Health, or sectoral authorization.
Fundamental legal and tax aspects
Having corporate legal services and corporate lawyers in Peru is essential to ensure compliance with current regulations and prevent legal conflicts. Here are the key points to consider:
1. Clear contracts and statutes
A good business lawyer in Lima can draft documents that protect the interests of the partners and properly regulate the administration.
2. Ongoing accounting and tax advice
It is crucial to have accounting and tax advice in Lima to ensure efficient tax compliance. Services such as comprehensive tax advice in Lima can not only help you avoid penalties but also optimize your tax burden.
3. Financial audit
An accounting and financial audit allows you to assess the real economic situation of the company. There are various options such as accounting audit services, tax audit, internal audit, and external audit services. Evaluating the price of an external audit will help you decide which option suits your business size.
4. Labor obligations
A common mistake is not considering compliance with labor regulations from the outset. Having lawyers for companies ensures compliance with contracts, social benefits, and current regulations.
5. Taxes and tax planning
The correct choice of tax regime (General Regime, MYPE Tax, RUS, etc.) is essential. Here, the intervention of accountants specializing in taxes in Lima is indispensable.
Why rely on experts?
Many companies fail because they do not have professional support during the incorporation stage. Hiring a firm with legal advisory services for companies and accounting advisory services at a competitive price guarantees peace of mind and regulatory compliance.
Companies such as VAG Global, recognized for providing the best tax advice in Lima, offer comprehensive solutions so that entrepreneurs can focus on growing their business. Their services include:
- Tax Consulting in Lima
- Accounting and business advisory services in Peru
- Financial and accounting audit services
- Consulting and tax return services for companies in Peru
- Accounting and business consulting in Peru at competitive monthly rates
- Affordable accounting services for private companies
- Tax attorney services in Lima
How much does it cost to start a business?
The cost varies depending on the type of business and the services contracted. However, it is not recommended to skimp on legal and accounting services, as poor incorporation can lead to long-term tax or corporate problems.
The accounting advisory service and price will depend on the size of your company and the complexity of your activity. On average, you can find affordable monthly packages that include accounting, tax returns, and financial reports.
Conclusion
The incorporation of companies should be seen as a strategic investment. Surrounding yourself with specialized professionals, such as corporate lawyers, tax accountants, and experts in financial auditing, will allow you to start your business on a solid foundation.
Proper advice, such as that provided by VAG Global, not only facilitates the formalization process but also ensures legal compliance, financial transparency, and tax efficiency.
For more information, write to us at:
contacto@vag-global.com Or call: +511 436 4612
Grow your business with professional legal, tax, and financial support.