1. Doing Business in Peru

2. Potential of Peru

3. Area of Peru: 1.285.220 km² (496.226 square miles)
Inhabitants: ~
Area of Peru: km² ( square miles)
Official Currency: Nuevo Sol (PEN).
Spoken languages: Spanish, Quechua, Aymará
Borders: With Bolivia, Brazil, Chile, Colombia, Ecuador
Capital: Lima
Typical products: fish and fish products, gold, copper, zinc, petroleum, coffee, sugar, cotton
Voltage: 220 V / 60 Hz
Telephone prefix number: Peru phone country code ++51
Time Zone: GMT/UTC -5

4. Mining: Several Megaprojects
Bayóvar
US$ 479 mill.
Toromocho
US$ 2,000/2,200 mill.
Río Blanco
US$ 1,440 mill.
Las Bambas
US$ 1,000 mill.
Minas Conga
US$ 1,000 mill.
Los Chancas
US$ 1,000 mill.
La Granja
US$ 1,000 mill.
Galeno
US$ 900 mill.
Quellaveco
US$ 1,000 mill. (aprox.)
Michiquillay
US$ 700 mill.
2012
Southern
Tía María y Ampliaciones Toquepala, Cuajone y Refinería
US$ 1,174 mill.
Cerro Corona
US$ 421 mill.
2008
Cajamarquilla: Ampliación de Refinería de Zinc
US$ 500 mill.
Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

5. Gas and oil: New developments
Refinery of Talara Modernizatión
US$ 1,000 mill.
Perenco (ex Barrett) Lote 67 Marañón River
US$ 1,600 mill.
North of Peru Oil Duct
US$ 800 mill.
REPSOL Lots 39, 57, 76, 90, 103, 109 Exploración, Processing plant and duct
US$ 1,000 mill.
Peru LNG: Liquefaction plant. Transportation of natural gas and investment in field
US$ 3,800 mill.
Hasta 2010
Additionally:
Investment engagements in oil lots already awarded by more than US$ 1,000 mill. ( )
REPSOL
La Pampilla Modernizatión
US$ 450 mill.
Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

6. Oil & Quemistry: Expansion based in Camisea
Additionally:
Enaex - Fertilizer US$ 400 mill. ( )
Premium Oil US$ 1,000 mill. ( )
CF Industries
Basic Oil & Quemistry US$ 1,000 mill.
Protexa
Basic Oil & Quemistry US$ 500 mill.
Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

7. Graña y Montero: Los Parques del Agustino
Real State & Retail
Falabella Group
: 31 Tottus
: 5 Mall Plaza
Ripley:
2008: 4 tiendas
2009: 2 tiendas
Parque Arauco US$ 150 mill. ( )
Terra Mar Projects
Piedras Gordas
US$ 750 mill.
Jockey Plaza US$ 100 mill. ( )
Supermercados Peruanos US$ 50 mill. (2008)
Collique
US$ 150 mill.
Investments Wong Group
National wide US$ 80 mill. (2008)
Graña y Montero: Los Parques del Agustino
US$ 57 mill.
2008
Adicionally:
More than US$ 110 mill. in Lima (3 projects), Cusco y Arequipa.
Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

8. Road Network N°2 Interoceánica Sur (Urcos-Inambari)
Ground Transportation
Hub Amazonas Centro
US$ 160 mill.
IV 2008
Road Network N°2 Interoceánica Sur (Urcos-Inambari)
US$ 93 mill.
Road Network N°4 (Pativilca – Santa – Trujillo)
US$ 150 mill.
IIIT 2008
Road Network N°3 Interoceánica Sur (Inambari-Iñapari)
US$ 142 mill.
2008
Proyecto tren eléctrico
US$ 280 mill.
IT 2008
Road Network N°4 Interoceánica Sur (Azángaro-Inambari)
US$ 120 mill.
2008
Road Network N°6 (Pucusana-Cerro Azul-Ica)
US$ 183 mill.
Road Network N°5 Interoceánica Sur (Ilo-Matarani-Azángaro)
US$ 184 mill.
Road Network N°1 Interoceánica Sur (Marcona-Urcos)
US$ 99 mill.
2008
Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

9. Ports & Airports www.hernandez-randich.com Paita Terminal port
US$ 160 mill.
IIIT 2008
Adicionalmente:
Equipment Enapu: US$ 193 mill. ( )
Regional Airports- 1st group: US$ 135 mill
Regional Airports – 2nd group: US$ 155 mill (IVT 2008)
South Dock
US$ 617 mill.
Ancón - Terminal of containers and bulk cargo.
Chancay Terminal of Bulk cargo, Minerals & Terminal of Containers
Mining Terminal Counter
US$ 80 mill.
Végueta Terminal of Minerals
US$ 40 mill.
Dock No. 5
US$ 100 mill. (aprox.)
2010
International Airport of Cuzco
Ilo Port Terminal
US$ 100 mill.
IIIT 2008
Source: Gestión, Empresas, Proinversión and others. Done by: Macroconsult.

10. Key Points

11. SUNAT administrates following taxes:
Income Tax.- 30%.- Tax payers make monthly advance payments calculated in a % of the monthly incomes and liquidate at the moment of the presentation of tax declaration in March following year. There are more specifications depending on the industry. “Income Tax Code” regulates all transactions.
Monthly Sales Tax 19%.- It is a system that tax the consume. Tax payers apply the 19% over the sale or purchase of goods and pay the difference to SUNAT if sales tax is bigger than purchase tax. On the contrary, there will be a credit tax on behalf of the tax payer that will be applied to the next month Sales tax calculation. There are more specifications depending on the industry. “Sales Tax Code” regulates all transactions.

12. Tax on rental property: 6%. Regulated by Income Tax Code.
Import Duties.- It is a percentage applied to the import of goods: 12% of the customs value. “Customs Code” regulates all operation.
Dependant work income tax.- 15% of monthly salary. With scales depending on the income level. Regulated by Income Tax Code.
Independent work income tax: 10% Professional services. Regulated by Income Tax Code.
Tax on rental property: 6%. Regulated by Income Tax Code.

13. SUNARP regulates all property rights issuing the corresponding registration.
CENTRAL BANK OF RESERVE control the liquidity into the system and could intervene to take care of financial emergency situations.
JUSTICE SYSTEM administrantes Justice through the Supreme, Superior and Specialized Courts.

14. EFFICIENT BANKING SYSTEM.- STOCK EXCHANGE INSTITUTION.
STRONG PENSION FUNDS INSTITUTIONS.
CHAMBERS OF COMMERCES SPREAD AROUND THE COUNTRY.

15. Our office

16. As a leader consultancy firm located in Lima we are used to handle every project as a business challenge.
During all these last 19 years of experience we have received a good range of job requests from national and multinational organizations.
Our expertise is based on Accounting, Taxing, Auditing, Human Resources Outsourcing.

17. Our team is continuously trained in a program called “Permanent Training Program” so that our partners and associates are always ready to respond with precision and certainty.
Our organizational structure is based on “Delegation of Responsibility” to our staff always supervised by more experienced members of our firm to ensure that all queries and needs are properly cleared and satisfied respectively.
We are very aware of your financial needs: having the right information at the right time. We support our clients on the issuance of the “Financial Reporting Package” to be correctly issued into the first five days of each month as a policy of high priority from our clients.

18. OUR PARTNERS: OUR ASSOCIATES:
RAUL HERNANDEZ .- Economist, Certified Public Accountant.
ROSANA RANDICH .- Auditing, Certified Public Accountant.
 JENNY RANDICH .- Administration & Finances, Certified Public Accountant.
OUR ASSOCIATES:
CARLOS SUAREZ .- Auditing, Certified Public Accountant.
RODRIGO CALLUPE.- Criminal Law, Taxing Law.
ENRIQUE UGAZ.- Certified Public Accountant, Diplomed in Cost Accounting.
MANUEL VELASQUEZ .- Certified Public Accountant, Taxing Law, Diplomed in International Trade.