Lima "La Informal" - Podcast

By Roger, Sebastián, Maria, Carla,

 Our approach to informality in Peru at a macro and micro level is clear, which is why we want to highlight one of our main cities, our capital Lima.

Although Lima has been the largest commercial center in the country for years, it has also become the city with the greatest informality, encompassing urban, social, and economic aspects, which unfortunately have been "evolving" along with the country.

Proof of the evolution of informal commerce in Lima is that it has even adapted to technological platforms, such as online sales through social networks like Facebook, Instagram, and WhatsApp, which are an important part of informal commerce. The majority of merchants that offer their products or services through social networks do not provide receipts nor do they pay taxes on their profits.

But the biggest problem with informal commerce through social networks is not tax evasion, but the fact that the lack of regulation in these commercial transactions often leads to scams. The number of scams generated by informal commerce through social networks has reached such a point that even Facebook groups and Instagram profiles have been created specifically and only for fraud complaints. And a common factor that we can see in many cases of scams is that the victims (or clients) never demand a receipt, much less take the trouble to ask if the supposed seller has RUC (Registro Único de Contribuyente), a register by which independent workers declare their earnings to the SUNAT (Superintendencia Nacional de Aduanas y de Administración Tributaria) and pay their taxes accordingly, which also serves to keep track of the merchant and resort to regulatory institutions that protect consumer rights.

And this is just a small portion of the many problems that are born from informality.

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