Peru What are the types of companies?

There are various types of companies in Peru. Here are some of the types of companies commonly formed in Peru:

1. Sociedad Anonima (S.A.): One of the most common types of companies in Peru. The company's capital is represented by shares and must have at least five partners. S.A. Shares of companies may be public or private.

2. Sociedad Comercial de Responsabilidad Limitada (S.R.L.): This type of company is known as a company operated with limited liability. There must be at least two partners and capital shares are distributed proportionally.

3. Sociedad Anonima Cerrada (S.A.C.): S.A.C. companies, S.A. They are smaller-scale companies similar to companies but have fewer partners. The shares of these companies are generally owned by a limited group.

4. Sociedad por Acciones Simplificada (S.A.S.): This type of company is created to simplify the process of starting a business and reduce costs. S.A.S. Companies can have a single partner or multiple partners, and their capital shares are distributed proportionately.

5. Sucursal: When a foreign company opens a branch in Peru, this branch is called a "sucursal". The branch is established to carry out and represent the activities of the parent company. Each of these company types offers different advantages and disadvantages, so it's important to choose the one that best suits the company's needs and goals. Consulting a professional advisor can help with the company formation process.