IMPACT – MEDIUM
What is the change? The Peruvian government published a decree Sept. 13 modifying the submission and regulation of labor contracts for foreign nationals to speed processing times.
What does the change mean? The modifications introduce an online submission system, Virtual System for Foreign Personnel. Documents uploaded to it are automatically approved, but foreign nationals must wait to receive the resident work visa before starting work.
Background: Processing and approval times for labor contracts for foreign personnel increased from five working days to 15-20 working days due in part to large numbers of Venezuelan nationals migrating to Peru. The introduction of the new online submission system is intended to mitigate these delays.
Starting Oct. 13:
Analysis & Comments: The introduction of the online submission system is a positive change for employers and will greatly reduce the evaluation and approval times for labor contracts by allowing foreign nationals to initiate visa procedures immediately after submitting labor contracts. However, the virtual system must be fully implemented for these modifications to take effect.
Source: Deloitte LLP. Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom.
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