How to Set Up a Branch Office in Peru
Foreign entities can establish branches in Peru. Branches have permanent legal representation and own procedural autonomy in the activities assigned to them by the parent company, through the powers conferred to their representatives.
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Peruvian branch office
In order to set up a branch in Peru, it is necessary a public deed prepared by a Peruvian notary public to allow a foreign corporation’s branch. For this purpose, it is essential to provide the information below:
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We have also provided many foreign companies with our legal advice regarding the establishment of new corporations before SUNARP – Peru, namely, Erom Global Co.,LTD, from Korea; JOYTRAVEL NY, INC., from the USA; Meridian Business Advisers, from the USA; Avente, Inc., from the USA; Tradeview, from England; Rules Cube Inc from Canada; Nature’s Blend from Colombia; Galletasur del Perú from Bolivia; Antares Trading from Argentina; Plastimaq International from Venezuela; Constructora Meco Sucursal Perú SAC from Costa Rica; Biotefar Perú SAC from Colombia; Degusta Internacional SAC from Panama, among others.
If you need any advice, do not hesitate to contact: Lilie C. Delion, email: email@example.com, we will gladly resolve your queries.
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Peruvian branch office
Also, the public deed must include:
a certificate of good standing for the parent company in its country of origin,
certifying that the establishment of foreign branches is allowed by its incorporation’s articles and by-laws;
an incorporation articles copy
of the parent company and any other similar instruments in its country of origin;
the resolution issued by the parent company’s governing body to establish the branch in Peru.
The documents above and copies must be apostilled or legalized by the Peruvian Consulate in the parent company country.
The parent company is responsible for all commitments incurred by the branch; any agreement releasing reliability is null.
the parent company’s total amount of assets to undertake the branch’s activities is known as «assigned capital.»
Branches must have a permanent legal representative in Peru who shall be allowed to enter contracts in the parent company’s interest. Payment for Profits: there are no restrictions on the payment of profits by a branch to its parent company.