Poverty continues to be a serious problem in Peru, since nearly a third of the population is poor: a level similar to that recorded a little over a decade ago. The general perception points to the lack of opportunities as the predominant factor that leads people to this situation. According to the latest national representation […]
Tag: business
Service exports will grow 10% this year
Peru is not only an exporter of raw materials. In recent years, the export of services has also gained notoriety, experiencing a growth of 40% from 2012 to 2022, reaching a total of US$4.94 billion in this last year. According to the vice minister of Foreign Trade, Teresa Mera GomezOf that figure, business services accounted […]
Private investment in a nosedive: it will close at -5.3% this year
The slowdown in GDP – it fell 0.5% in the first half and is expected to close the year below 1% – is largely explained by the contraction of private investment and the low confidence of consumers and businessmen, according to the latest report from the Central Reserve Bank of Peru (BCRP). In the first […]
Hurricane Hilary affects businesses in Mexico and causes cancellation of events in the US.
Hurricane Hilary, category 3, advances this Saturday towards the center of the Baja California peninsula, in the northwest of Mexicowhere it is expected to cause heavy rains and flooding, as well as in parts of southern California, in USA. The Mexican meteorological authorities forecast heavy rain with electric shocks and risk of flooding in a […]
COPE: seven out of ten businesses are led by women
The rise of women-led start-ups was fueled by the pandemic and has not stopped. Today, 70% of Peruvian micro and small businesses are led by women, according to the Small Business Guild (COPE) of the Chamber of Commerce of Lima (CCL). “(In 2020) many people began to telecommute and dedicate more time to their hobbies, […]
Sunat will not penalize businesses and influencers that do not register RUC on social networks until the end of the year
White March. Through the Resolution of the Deputy Superintendence of Internal Taxes No. 000020-2023 published this Wednesday, June 28 in the official newspaper El Peruanoit is provided that Sunat will not penalize natural persons and businesses that do not provide their RUC number and company name when offering a good or service on social networks. […]
Mandatory RUC on social networks: what are the amounts of fines for Sunat and Indecopi for non-compliance?
Starting this Saturday, July 1, all person that offers a good or service through social networks must enter their RUC number and company name in the aforementioned advertising. At the beginning of 2022, the Executive Branch issued Legislative Decree No. 1524 that modified the Single Taxpayer Registry Law with the objective of expanding the tax […]
Informality in business reached its highest peak in 8 years
Informality in business reached its highest point in the last 8 years: of 9.1 million businesses, 5.5 million are not registered with Sunat, according to the Institute of Economics and Business Development of the Lima Chamber of Commerce (CCL). This figure is alarming because it shows a progressive increase (see graph) of irregular work in […]
Visa to the United States: fees for tourism and business increased to US$185 from May 1
Starting this month, the US embassy introduced a series of changes in the procedures to request this document. Dollar price today in Peru: what is the exchange rate for this Tuesday, May 2, April? Can I withdraw the CTS they deposit in May 2023? The US Embassy updated the information required to obtain the visa […]
BCRP: Most business expectations continued to recover in March despite Cyclone Yaku
Most of the business expectations to three months they recovered in March, compared to the previous month; however, four of the six macroeconomic indicators are still in the pessimistic range (less than 50 points), according to the latest report from the Central Bank of Peru (BCRP). The expectation regarding the hiring of personnel is the […]