Peru

Along with Chile, Peru is the country with the simplest conditions in order to operate economically. In the World Bank ranking Peru is listed before Brazil and Argentina (Peru: Number 42, Brazil: Number 116, Argentina: Number 118). This is also noticeable when looking at the growth rates. In 2014 an increase of 6% is expected. The inflation rate is about 3%.
Certainly there will be an important modification in 2014. On October 1st 2014 the electronic invoice will be launched incrementally based on the decree 374/2013. Incrementally means in this case that specific groups of companies have to meet specific periods of implementation. The Peruvian tax authority is called SUNAT and is related to the Brazilian SEFAZ. Hence the electronic invoice will be among Chile also launched in Peru. The SAP solution is also based on the eDocument modulations.