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4. Entities and setup: Peru

Entities and setup in Peru: which vehicle a foreign investor can use (the closely held S.A.C., the ordinary S.A., the S.R.L., a branch of the foreign parent, and the individual only S.A.C.S. and E.I.R.L.), how each is formed by notarial deed and registered with SUNARP through its digital platform, the capital, governance and fee rules that apply, and the beneficial ownership filing every company owes SUNAT, each tied to the official text.

Investor view. Peru asks for no minimum capital, lets foreign companies own 100 percent of a closely held S.A.C. through two group shareholders and charges registry fees of a fraction of a percent of capital, a light entry cost for investors building for growth.

Choosing a legal entity in Peru: S.A.C., S.A., S.R.L., branch, S.A.C.S. or E.I.R.L., with capital, registry fees and beneficial ownershipMost foreign investors in Peru use a sociedad anónima cerrada (S.A.C.): two shareholders, domestic or foreign companies or individuals, no legal minimum capital, 25 percent of each share paid in and d