In today’s world, where online gamble sphere is becoming more and more important, it is important to understand that the legality and security of your business directly depend on the license. One of these licenses is the gambling permit issued in Tobique – Malecete First Nation in New Brunswick, Canada. It’s a unique area bordering…
The USA remains in list of largest and most influential fin-centers worldwide. Getting US EMI-accounts gives organizations possibilities with access to the global fin-market and innovative payment mechanisms. With active progress of the fin-industry, the USA became an appealing jurisdiction for organizations seeking to manage their fin-operations more efficiently and securely. Opening a payment system…
Canada is in list of most-developed countries in terms of fin-technologies and innovatory payment mechanisms. With its sustained economic environment and strict regulative basis, Canada attracts organizations wanting to get accounts in payment systems. Canadian authorities are actively supporting the progress and wide involvement of fin-technologies; it creates a benevolent basis for business-activities in niche…
UK stands as a prominent globally-known financial hub, renowned for its exquisite banking-related and financial environments. In recent years, the UK has become a prime destination for firms aiming to set up accounts in payment systems, particularly within EMIs. UK’s regulative climate is extremely supportive of Fin-technologies, pushing it to be an ideal choice for…
Eternity Law International is offering a unique opportunity to acquire a premier Forex and CFD trading business established in 2012. This globally recognized company boasts over 1.7 million registered accounts and operates with physical offices in four strategic locations. The business has established itself as a leader in the FX brokerage industry, known for its…
An exceptional opportunity to acquire an Antigua-based company with a fully licensed MT5 main label. This company, positioned for immediate operation, is perfect for investors looking to enter the Forex and CFD trading industry. Key Features of Company with MT5 Main Label in Antigua 1. MT5 Main Label Capacity: 25,000 accounts, providing a substantial foundation…
This is a new investment opportunity – Fully Licensed Swiss Asset Management for sale. Please check out the main details regarding this proposal below. Fully Licensed Swiss Asset Management: key considerations Active swiss company with offices, personnel and bank accounts; Based in Geneva, registered in 2014, licensed by FINMA; Authorizations (traditional asset & portfolio management,…
This is a new investment opportunity – Swiss Asset Management & Crypto Company for sale. Please check out the main details regarding this proposal below. Swiss Asset Management & Crypto Company for sale: key considerations Clean licensed company ready to start operation; Based in Zug, registered in 2013, authorized by SRO; Bank accounts with Swissquote,…
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Cost: on request.
In regard to tax issues companies are divide into local and foreign (resident and non-resident). A company would be qualified as local if it is registered in Peru.
Local entities pay taxes on income received both domestically and abroad. Foreign companies and their branches pay in the same but only on funds received domestically.
Income from foreign sources received by locals meets income tax. This taxation is based on the same principles as income from Peruvian sources, but with some amendments.
Permanent establishments’ taxes consist of corporate tax and money transfer tax. Subsidiaries are taxed as standard companies with the same rates.
All income received by the entity meets taxation. Among that income there are capital gains. Standard business expenses can be minused in calculating taxable income.
The income tax is the main corporate tax. The standard rate is 29.5%. However, other rates for various types of activities are established by law.
Usually, these are areas in which the state is trying to support medium and small businesses.
But there are other examples. For investors in the mining and hydrocarbon sectors, there are so-called stabilization taxes. As a result, they have to pay in total of 31.5%.
An exception to this group of activities is the scope of natural gas production.
A little about reporting on this tax. The tax year, without the right to extend it, is limited to a calendar year. Advance payment system based on income derived every month.
Accordingly, companies pay 12 monthly payments. Revenues are measured on their own. Their total volume is indicated in the annual tax reporting.
Reporting documentation may be submitted before April 1 of the year next to the reporting.
As usual, VAT is applied to the sale of goods and the provision of services. However, there are also less mundane spheres of its application, separately emphasized in the legislation.
Among these areas are construction contracts, first-time real estate sales, and import. Entities have the right to apply for an early VAT refund, prior to the implementation of existing agreements.
For various areas, there are other ways to get a VAT refund.
The usual rate is 18%. There is also a reduced rate of 0%.
Companies subject to VAT are obliged keeping VAT ledgers. In addition to accounting, companies have the obligation of submiting VAT reports every month.
The accounting department of the company must compile quarterly, annual financial reports and provide declarations to the tax service. Contact us for more information.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.