The Peruvian Ministry of Economy and Finance announced that it is working to finalise tax treaty negotiations with Australia, France, Saudi Arabia, Singapore, and UAE on 20 March 2025.
Peru has signed 10 agreements that provide a secure and favourable regulatory framework for investments from Latin America, North America, Europe, and Asia. The Minister of Economy and Finance José Salardi says that the country is exploring double taxation agreements with new markets such as UAE, Saudi Arabia, Australia, and Singapore, “where applications will be submitted to begin negotiations.”
Any resulting treaties must be finalised, signed, and ratified before they can take effect.
