Enabling business between Peruvian Agencies and international entities. We are advising Thales Group—a multinational technology company and a key player in Peru, particularly in the supply of chips and software for secure financial transactions and identification—on the process of enebling international entities within the client’s economic group to be authorised to do business with Peruvian Governmental Agencies.
Successful outcome with three entities authorised to engage with Peruvian authorities: Our work involved navigating complex requirements and compiling extensive documentation and evidence. As a result, Thales Group benefited by having three foreign legal entities approved to engage directly with Governmental Agencies, namely the client’s subsidiaries in France, Thailand, and Sweden.
Simplifying process and eliminating need to establish branch or subsidiary in Peru: This case is relevant for our client as it simplifies the process for these foreign entities to demonstrate their experience and financial capacity, which are common requirements for contracts with Governmental Agencies. Additionally, it eliminates the requirement for our client to establish a legal presence in Peru, such as a branch or subsidiary, prior to engaging with Peruvian Agencies.
Latest development: We are assisting the client with this ongoing case.
