Investment framework and opportunities in Peru

Procedures Relative to Foreign Investment

Freedom of Establishment: Peru signed the constituent agreement of the International Center for Settlement of Investment Disputes (ICSID). Foreign investment in Peru is governed by the law on the promotion of foreign investments and its decree-law n°662 of 1991, which establishes, as a basic principle, the equal treatment of national and foreign capital.
Acquisition of Holdings: A majority holding interest in the capital of a local company is legal in Peru.
Obligation to Declare: To be recognized and be able to benefit from the provisions of the legislation in force, the considered investment must, once carried out, be registered with Proinversion, but this formality is only compulsory when there is an agreement on legal stability.
Competent Organisation For the Declaration: Peruvian Agency for the promotion of investment.
Requests For Specific Authorisations: Foreign capital can be invested in all sectors of economic activity without prior authorization, with the exception of a few sectors, such as the press, or implantations in border zones.

Investment Aid Agency: Invest in Peru
Tenders, Projects and Public Procurement: Tenders Info, Tenders in Peru
Inter-American Development Bank, Tenders in South America
DgMarket, Tenders Worldwide
Global Tenders, Tenders & Projects from Peru
Other Useful Resources: Econolatin: Statistics on Peruvian investment

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