Legal Framework

For the past two decades, the Peruvian legal framework has developed along similar lines, promoting foreign investment and competition, as well as social inclusion. This chapter highlights some of the most important recent changes that have occurred in the areas of mining, electricity, tax, employment of foreign nationals, corporate transactions, banking and finance. In addition, it features a viewpoint with Ismael Noya, partner, Estudio Echecopar, a member firm of Baker & McKenzie International, on Peru’s evolving business environment.