Doing Business in Peru

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Doing Business in Peru
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• Potential of Peru

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• 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

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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
Source Gestión, Empresas, Proinversión and
others. Done by Macroconsult.
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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)
Source Gestión, Empresas, Proinversión and
others. Done by Macroconsult.
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Oil Quemistry Expansion based in Camisea

• Additionally
• Enaex - Fertilizer US 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
Source Gestión, Empresas, Proinversión and
others. Done by Macroconsult.
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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.
Source Gestión, Empresas, Proinversión and
others. Done by Macroconsult.
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Ground Transportation
Hub Amazonas Centro US 160 mill. IV 2008
Road Network N2 Interoceánica Sur
(Urcos-Inambari) US 93 mill. 2008-2010
Road Network N3 Interoceánica Sur
(Inambari-Iñapari) US 142 mill. 2008
Road Network N5 Interoceánica Sur
(Ilo-Matarani-Azángaro) US 184 mill. 2008-2009
Road Network N1 Interoceánica Sur
(Marcona-Urcos) US 99 mill. 2008
Source Gestión, Empresas, Proinversión and
others. Done by Macroconsult.
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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
Source Gestión, Empresas, Proinversión and
others. Done by Macroconsult.
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• Key Points

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• 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.

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• 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.

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• 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.

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

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• Our office

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• 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.

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• 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.

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• OUR PARTNERS
• RAUL HERNANDEZ .- Economist, Certified Public
  Accountant.
• raul.hernandez_at_hernandez-randich.co
  m
• ROSANA RANDICH .- Auditing, Certified Public
  Accountant.
• rosana.randich_at_hernandez
  -randich.com
•  JENNY RANDICH .- Administration Finances,
  Certified Public Accountant.
• jenny.randich_at_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_at_hernandez-randich.com