Peru

Ease of Doing Business in

Peru

This page shows summary Doing Business 2012 data for Peru. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Latin America & Caribbean
Income Category Upper middle income
Population 29,496,120
GNI Per Capita (US$) 4,710.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
41 39 down -2
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 55 53 up -2
Dealing with Construction Permits 101 96 up -5
Getting Electricity 82 83 up 1
Registering Property 22 24 up 2
Getting Credit 24 21 up -3
Protecting Investors 17 21 up 4
Paying Taxes 85 93 up 8
Trading Across Borders 56 56 No change
Enforcing Contracts 111 110 up -1
Resolving Insolvency 100 102 up 2

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 55 DB 2011 Rank 53 Change in Rank down-2
Indicator Peru Latin America & Caribbean OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
5 9 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
26 54 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
11.9 37.3 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 4.3 14.1
No. Procedure Time to Complete Associated Costs
1 Check the uniqueness of company name and reserve it online 1 day USD 2.22 per search and USD 6.66 per reservation
2 Prepare draft deed of incorporation with the notary online 1 day no charge
3 Sign the deed of incorporation before a notary public, file online the deed of incorporation with the Public Register of Commerce and obtain Certificate of Registration and obtain taxpayer identification number (Registro Unico del Contribuyente, RUC) 8 days USD 200 notary fee (both fees depend on market conditions) plus registration fees which are composed by: 0.3% of capital + USD 15 for performing the registration + USD 8 per appointment of each director, manager or other representative, up to the limit of PEN 3,600 (equivalent to 1 UIT - Peruvian Tax Unit for FY 2010).
4 The notary stamps the accounting book and the minute book 1 day USD 7 per book of no more than 100 pages. Most companies have between 5 and 9 of these books. Thus, the cost will range between USD 35 and USD 63.
5 Obtain municipal license from the City Council 15 days Fees vary depending on the District Council where the company’s office is located. In San Isidro between PEN 391 and PEN 489.

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