We provided strategic guidance to Arcadis Logos on the optimal process for closing down its branch in Peru, following the framework outlined in the General Corporations Law (Law No. 26887). Under Peruvian law, branches are subject to the same rules as corporations regarding dissolution, liquidation, and extinction procedures.
While the Civil Code establishes that legal acts are governed by the laws of their origin, it was essential to align the parent company’s resolutions with Peruvian regulations. This ensured a seamless registration of the branch’s closure with the Public Registries, fully compliant with local legal requirements.