Peru

Currency Peruvian Sol
Payroll Frequency Monthly
Capital Lima
Date Format dd/mm/yyyy
VAT 18% standard rate

Employer of record Services
TopSource offers complete payroll, EOR and contractor management services for Peru. TopSource provides Employer of Record services to global companies establishing a presence in Peru that do not wish to be burdened with the complications of Peru employment regulations.
TopSource serves as an outsourced Global Employment Solutions provider. We provide comprehensive employment services such as payroll, payroll related compliances, leave and attendance administration, HR management, and assistance with employer compliances.
If you have an established presence in Peru, our payroll bureau services are available. But if you are seeking to avoid the complications of a subsidiary—or wish to establish a presence quickly an convert to a subsidiary later—our EOR service is ready to support you today.

Services we offer

Payroll Processing
• Payroll bureau solutions for your Peruvian entity
EOR
• Employment solutions/leasing • Providing documents associated with employment
• Employee on-boarding process and documentation • Monthly salary calculation
• Salary disbursement to employee’s account • Pay slip generation (If applicable)
• Employee statutory benefits administration and deduction
Supplementary services
• Foreign exchange and money transfer services for payment of employees and 3rd parties

Company formation in Peru
We can help with company registration, company incorporation along with all the necessary documentation in Peru. We can also assist foreign companies to smoothly setup a company anywhere in Peru.

Statutory Compliances
We offer high-quality corporate statutory compliance services in Peru. Our services meet highest standards and meet all your compliance requirements.

  • Minimum Wage

    850 PEN per month

  • Taxes
    Employer
    Employer Payroll Tax
    Health Insurance- 9%
    Total Employment Cost- 9%
    Employee
    Employee Payroll Taxes
    13% – Pension Fund 13% – Total Employee Cost
    Employee Income Tax
    8% – 0-19,750 PEN 14% – 19,751 – 79,000 PEN
    17% – 79,001 – 138,250 PEN 20% – 138,251 – 177,750 PEN
    30% – +177,751 PEN
About Employment in Peru

Termination Process

An employer must issue written notice to the employee with a minimum of 6 days’ notice.

Notice Period

Employees must provide 30 days written notice.

Severance Pay

Severance payments not due unless there has been an unjust dismissal. When there has been an unjust dismissal, employees are entitled to 0.5 monthly salary per year employed (up to 12 payments) in addition to 1.5 times monthly salary.

Maternity Leave

Current Peruvian law only provides women with 90 days paid maternity leave — 45 before giving birth and 45 after — even though Convention 183 of the International Labour Organization stipulates 14 weeks as a minimum.
To learn more, contact us now.

Contact Sales

0203 6915303
contactus@topsource.co.uk

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