Law No. 32.431 was published in the Legal Standards Bulletin of the Official Gazette El Peruano on September 4, 2025,...
Tag: Peru
Which Goods and Items Can You Bring into Peru Duty-Free in 2025?
When traveling internationally, whether for business or tourism, it is essential to stay informed about the current customs regulations. The...
Peru Signs Agreement to Avoid Double Taxation with the United Kingdom and Advances Negotiations with France
The governments of Peru and the United Kingdom formalized an agreement on March 20, 2025, to avoid double taxation (CDI),...
Peru’s Attractions for the foreign investor
Investing in Peru is an excellent alternative for companies and investors interested in expanding their operations in Latin America. The...
Transfer Pricing in Peru: The law now allows previously agreed prices to be applied retroactively
Decree No. 1662 aims to amend subsection f) of Article 32-A of the Income Tax Law (LIR) to allow the...
Perú : Modificación a la ley permite que los acuerdos de precios pactados previamente se apliquen de forma retroactiva.
Decreto No. 1662 tiene como objetivo modificar el inciso f) del artículo 32-A de la Ley del Impuesto a la...
Peru: The new General Law of Public Procurement will govern government acquisitions
The new General Law on State Contracting—2024 (Law No. 32069), enacted on June 24, establishes a regulatory framework to guarantee...
Challenges faced by companies in transfer pricing in Latin America
Marcos Rivera is an economist from the Pontificia Universidad Católica del Perú. He holds a Master’s in Finance from the...
Peru: new SUNAFIL regulations seek to prevent workers from accumulating their vacations
The National Superintendence of Labor Inspection (Sunafil) established new criteria to guarantee workers’ right to rest and to avoid the...
Peru establishes prison sentences for non-payment of social security contributions
On July 8, 2023, Law 31823 was enacted and entered into force, which amends Article 190 of the Criminal Code,...
Peru: Companies with losses may deduct more interest from income tax
Peru’s Ministry of Economy and Finance (MEF) issued a new decree establishing that companies with net losses may discount more...
Peru is expecting new legal regulations for further development of ZofraTacna
Since March of this year, Peru has had new legal regulations in place for the Tacna Duty Free Area (ZofraTacna),...
Covid-19 crisis: Peru changes its Income Tax Law
The health crisis caused by the coronavirus outbreak has had a significant impact on people’s health and the economy. Both...