The Ministry of Economy and Finance (MEF) maintains its 4% growth projection for Peru in 2025, supported by a 21.5% increase in tax collection during March. The regularization of income tax for the fiscal year 2024 and a recovery in corporate profits partially explain this performance, which is boosting confidence in the Peruvian economy.
Business Confidence and Tax Flows
According to the BCRP (Banco Central de Reserva del Perú – Central Reserve Bank of Peru), business confidence has reached historic levels. Three-month investment expectations reached 60.9 points, while those of hiring reached 56.3, reflecting an optimistic outlook for the private sector.
In this context, tax and legal advice, as well as accounting and tax services, ensure tax compliance, allowing for the leveraging of economic opportunities.
Challenges Arising from the Trade War and Tariff Measures.
Internationally, the imposition of new U.S. tariffs is of concern for Peruvian exports. Although the MEF has indicated that it is monitoring the possible effects, companies should take preventive measures with the support of tax lawyers and tax accountants in Lima.
Financial or accounting audit services will provide a clear overview of sensitive areas, enabling the development of strategies to minimize risks in a volatile global environment.
Future Outlook and Actions
The MEF emphasizes the importance of continuing to implement measures that encourage private investment and strengthen the country’s economic stability. Reducing bureaucracy and streamlining administrative processes are priorities for the government in its effort to maintain economic momentum and achieve its projected growth target.
Opportunity to Enhance Business Management
Today more than ever, companies require strategic partners. From legal advisory services and accounting and business advice in Peru to external auditing services, each plays a key role in ensuring sustainability and operational efficiency.
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Source: Infobae