Our Expertise
Managing a global workforce in Peru
Effective management of a workforce in Peru requires an understanding of the local employment landscape, including cultural nuances and statutory requirements. Businesses must manage payroll taxes, which in Peru include social security contributions and income tax, shared between employers and employees. TopSource's expertise in local practices and laws positions us as an ideal partner for managing a diverse and compliant workforce in Peru.
Extensive expertise
Our team of experienced, knowledgeable staff collectively provide up-to-date employment information across 180 countries, so you can always get accurate advice.
Entity-free employment
Feel free to hire employees from all over the world without being weighed down by setting up entities, running complex payroll or recruiting a hiring team.
Payroll without hassle
Have the confidence that your staff will always be paid accurately and on time, so that you can focus on your core business activities and work towards your success.
Always-on support
Access helpful, relevant, personalised advice whenever you need it, along with expert-led recruitment policies and tried-and-tested HR best practices.
"With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves."
Annette van Duijnhoven
”We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error-free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone."
Praveen Lihinar
Personalised Employer of Record services in Peru
TopSource Worldwide offers personalised Employer of Record (EOR) services tailored to meet the specific needs of your business in Peru. This includes handling employee onboarding, payroll processing, tax compliance, employee benefits management, and HR support. Our EOR services ensure that your business meets all legal and regulatory requirements, providing a hassle-free solution to manage your Peru-based employees.
End-to-end Peru payroll services
Looking to expand into Peru? Our unparalleled expertise in global payroll services ensures that your business can seamlessly navigate the complexities of payroll on a global scale, supporting your Peru expansion initiatives.
Global entity management
Venturing into the Peruvian market can be both exciting and challenging. With distinct business regulations, cultural nuances, and economic landscapes, it's essential to have a clear roadmap for your business establishment journey.
Accounting
Whether your goal is to process your purchase-to-pay transactions with minimum errors or manage your expense claim procedure, our team of experts can handle your accounting responsibilities, allowing you to focus on your core business and save time and money.
Global EOR services
Managing a diverse global workforce can be complex. This is where TopSource steps in as an invaluable employer of record services partner for companies seeking to expand their global reach while ensuring compliance with local employment laws and regulations.
Global Expansion Simplified
How to do business in Peru
Entering the Peruvian market presents a mix of excitement and challenges. Given unique business regulations, cultural intricacies, and economic dynamics, a well-defined roadmap is crucial for a successful business establishment.
TopSource Worldwide is with you at every stage. Whether it's navigating local regulations or facilitating seamless operational transitions, our expertise ensures a swift and efficient process for establishing your business in Peru.
Peru Insights
Key insights into Peru's landscape
VAT rates: Peru has a general sales tax (IGV) of 18%, with certain goods and services subject to reduced rates of 5% or exemptions.
Ease of Doing Business rank: Peru ranks 70th in the World Bank's Ease of Doing Business Index, indicating a moderate business environment.
Consumer Confidence Index: As of 2022, Peru's Consumer Confidence Index was 95.4, reflecting cautious economic sentiment.
Employee maternity/paternity leave: Maternity leave is 98 days, and paternity leave is 10 days, providing support for new parents in the workforce.
Employee termination period: Standard notice for termination is typically one month, but specifics may vary based on employment contract terms and conditions.
Employee salary pay date: Wages are commonly paid monthly, with specific pay dates outlined in employment contracts and complying with labour laws.
Bank holidays: Peru observes national holidays like New Year's Day, Independence Day, and Christmas, with a total of around 14 public holidays in a year.
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