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TomTom, the Dutch multinational developer and creator of navigation technology and consumer electronics, released the TomTom Traffic Index 2018 which provides statistics and information about congestion levels in 403 cities across 56 countries on 6 continents. And the Peruvian capital Lima is among the top 3 worst congested cities in the world.
Living & Lifestyle News SunflowerFebruary 18, 201928940100
Online shopping is still at the very beginning in Peru. One of the reasons for this is that cash payments still dominate small retail transactions in the country and online retailers often only accept cashless payment options which many Peruvian still don’t have access to.
The past year hasn’t been especially positive for doing business in Peru. According to the “Doing Business Report 2019” published by the World Bank, Peru lost 10 positions in the overall global Ease of Doing Business ranking and is now only positioned on rank 68 from 190 surveyed economies.
Business Part 1TinTinUpdatedOctober 19, 201837170100
Peru is seeking to attract investment, both domestic and foreign, in all sectors of the economy. For such purpose, it has taken the necessary measures to establish a coherent investment policy that eliminates barriers that may be faced by foreign investors. As a result, it has been considered one of the countries with the most open investment regimes in...
Business Part 3TinTinUpdatedOctober 19, 201846790100
Any company established in Peru with national or foreign capitals is governed by the General Law on Companies. Companies can be established in a sole act performed by the founding partners. To register a Company only two partners who may be individuals (or a corporate body) and the preparation of the Minutes of Incorporation are required. ...
Business Part 2TinTinUpdatedOctober 19, 201843820100
There are different types of legal entities which investors can use in order to incorporate businesses in Peru. The main legal forms of companies are: corporation, limited liability companies, branch offices, joint venture, etc. The following corporation and company types are those most commonly used in Peru.
Based on data obtained directly from port authorities and terminal operators, ECLAC, the Economic Commission for Latin America and the Caribbean, releases each year its Maritime and Logistics Profile which includes a ranking of 120 container ports in the region by handled cargo volume in containers.
According to the latest “Lloyd’s City Risk Index 2018”, compiled by the University of Cambridge and the British insurance and reinsurance market Lloyd’s of London, the Peruvian capital Lima is the 4th riskiest city in Latin America and positioned 39th on a global level.