THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Employer of Record in Peru.
G-P’s employer of record (EOR) model allows your company to start hiring talent in minutes via our global entity infrastructure. Unlike a Professional Employer Organization (PEO), G-P allows your company to expand your global footprint without the hassle of entity setup and management.
As a global EOR expert, we manage payroll, employment contract best practices, statutory and market norm benefits, employee expenses, as well as severance and termination. You’ll have peace of mind knowing you have a team of dedicated employment experts assisting with every hire. G-P allows you to harness the talent of the brightest people in 180+ countries around the world, quickly and easily.
Payroll in Peru.
Peru is a promising place to establish a business presence in South America, thanks to a large workforce and growing GDP.
Companies thinking of scaling their business to Peru, must establish payroll in the country. A complicated tax structure and regular auditing means that securing the required HR and legal expertise is vital to ensuring compliance with local laws.
Hiring in Peru.
Peru’s labor laws are laid out in its Ley General del Trabajo, with additional employment compliance stemming from a variety of regulations that come into play when hiring employees. To stay compliant, companies need to set aside time to understand the complexities of these laws, or hire an expert in Peru for support with employment compliance. They should also take the time to learn about Peru’s culture and business etiquette to ensure a smooth recruitment process.
Compensation & Benefits in Peru.
Compensation & Benefits in Peru.
Compensation and benefits are arguably the two most critical areas when it comes to employment matters, because it is necessary to meet or exceed the statutory minimums if a company wants to bring in the best talent. Plus, if a company is found to be noncompliant, it could face fines or even a company shutdown.
The typical path to scaling a company in Peru involves establishing a subsidiary or choosing an alternative before hiring employees. However, incorporating a subsidiary in another country can be challenging. Every step of the process involves time and money and requires a complete understanding of Peru subsidiary laws.
Peru Visas & Permits.
Are you planning to scale your company internationally and begin operations in the Republic of Peru? During this exciting time of growth, you’ll need a skilled team of employees to make the transition as quick and smooth as possible. Whether you’re planning to make the move with existing employees or build a new team in a new country, many of your employees will likely need to obtain a work visa to join you.