Lima, the capital of Peru has a deep and wide accounting industry that caters to all types of companies – including startups and corporation. The city’s financial services sector is developed and there are a number of accounting companies providing enquire including auditing, advice on tax planning, product financing that adheres to legal requirements. As a result of increasing tax legislation changes and economic growth in Peru, businesses within Lima are dependent on accountancy experts to maintain the compliance and finances, particularly with local law.
Challenging it, both local and international firms appear in the metropolitan Lima taking advantage of the opportunity of demand of this expertise due to the local conditions of the market. For tax optimization, financial reporting or business advisory, Lima has many accounting firms that directly impact the success of enterprises in most industries.
Why Do Businesses Need Accounting Firms in Lima?
Maintaining compliance is merely a matter of going through the same trials and having experts adjust to the changes with the fiscal contentions and tax management of Peru. But how can a professional accounting firm assist companies in resolving these difficulties while maximizing overall financial performance?
And, while Lima keeps drawing foreign investment, numerous foreign companies insist on accounting partners who are familiar with local and international accounting requirements. Lima myriad of opportunities for businesses What do businesses need from you, an accounting firm Lima expertise or technological ability?
Top 5 Accounting Firms in Lima, Peru
In Depth Look at Lima’s Leading Accounting Firms
1) PwC Peru
PwC Peru has been ranked first worldwide in audit, tax and consulting services, providing tailor-made services for Business Financial Solutions. PwC has built a reputation in risk management and digital transformation solutions to help companies stay compliant and competitive.
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Featured Clients:
Banco de Credito del Peru, Grupo Gloria, LATAM Airlines
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2) EY Peru
They provide quality services in assurance, tax, transaction and consulting, with a strong commitment to building a better working world. As one of the biggest audit and consulting firms in the world, the vision of EY Peru is to provide them with innovative and sustainable solutions. The company helps businesses navigate regulatory challenges.
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Interbank, Southern Copper Corporation, Nestlé Peru
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3) KPMG Peru
KPMG Peru is a leading provider of audit, tax and advisory services, known for its data driven approach and industry specific expertise. The firm helps businesses navigate complex regulations while driving growth through innovative financial strategies.
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Cerro Verde, Scotiabank Peru, Alicorp
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4) Deloitte Peru
Deloitte Peru combines global reach with deep local knowledge, offering audit, consulting, tax and risk advisory services. The firm is particularly strong in digital transformation and corporate restructuring.
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BBVA Peru, Ferreycorp, Telefónica del Peru
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5) Baker Tilly Peru
Baker Tilly Peru stands out for its personalized approach to accounting and business advisory, serving mid market companies with tailored solutions. The firm excels in tax optimization and business process improvement.
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Grupo Aje, Tottus, Universidad de Lima
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Lima’s accounting sector is undergoing rapid transformation, driven by SUNAT’s digital tax reforms and growing foreign investment. In 2024, over 60% of firms now utilize AI powered tools for real time tax calculations, while bilingual (English and Spanish) services have become essential for handling cross border transactions. The rise of fintech and eCommerce has particularly increased demand for specialized VAT and transfer pricing expertise among Lima’s accounting providers.
How to Choose the Right Accounting Firm in Lima: A Step by Step Guide
Selecting the best accounting partner in Lima requires careful evaluation of your business needs and the firm’s capabilities. Follow this structured approach:
1. Assess Your Requirements
- Startups/SMEs: Prioritize firms with affordable packages (e.g., Baker Tilly Peru’s SME programs).
- Corporations: Look for Big Four expertise in transfer pricing (PwC, EY) or industry specific knowledge (mining, retail).
- Foreign Investors: Verify bilingual (English-Spanish) support and experience with SUNAT (Peru’s tax authority) audits.
2. Verify Credentials
✔ Certifications: Ensure the firm has Colegio de Contadores Publicos de Lima accreditation.
✔ SUNAT Compliance: Ask about their audit defense success rate (top firms like EY achieve 90%+ favorable resolutions).
✔ Technology: Prefer firms using AI tools (e.g., KPMG’s Clara platform) for real time reporting.
3. Compare Service Models
| Firm Type | Best For | Avg. Cost (PEN) |
|---|---|---|
| Big Four | Multinationals | 25,000–100,000/year |
| Mid-Market (e.g., Baker Tilly) | Growing SMEs | 8,000–30,000/year |
| Boutique | Startups/Freelancers | 3,000–15,000/year |
4. Conduct Due Diligence
- Client References: Request case studies (e.g., Deloitte’s mining tax optimization projects).
- Turnaround Time: Top firms deliver VAT filings in <48 hours.
- Hidden Fees: Clarify charges for SUNAT dispute support or foreign currency reporting.
5. Schedule Consultations
Prepare questions like:
- “How do you handle SUNAT’s frequent tax law changes?”
- “Can you share an example of cost savings achieved for similar clients?”
Key Red Flags
❌ Lack of SUNAT audit experience
❌ No cloud accounting integration (Xero, SAP)
❌ Inflexible English-language support
Local Insight:
“Lima’s top firms now offer ‘SUNAT Audit Protection Packages’—a must for businesses over PEN 2M in revenue.”
– Carlos Mendoza, Lima Chamber of Commerce Tax Advisor
Choosing the right accounting firm in Lima requires careful consideration of your business’s specific needs and the firm’s areas of expertise. For multinational corporations and large enterprises, the Big Five firms that offer the most comprehensive services, particularly for complex matters like transfer pricing and international tax compliance. Their extensive resources and global networks make them well equipped to handle sophisticated financial requirements. Small and medium sized businesses may find better value with midsize firms such as Baker Tilly, which provide more personalized service at competitive rates while still maintaining strong SUNAT compliance capabilities. Regardless of size, the most critical factors to evaluate include the firm’s track record with SUNAT audits, their adoption of digital reporting tools, and their ability to provide bilingual support for international transactions.
The accounting landscape in Lima is poised for significant transformation as SUNAT continues to implement advanced digital monitoring systems and sustainability reporting requirements. Leading firms are already preparing for these changes by developing expertise in areas like blockchain based auditing and environmental accounting. Businesses should seek partners who not only understand current regulations but are also investing in the technologies and skills needed for future compliance challenges. The most forward thinking firms will combine deep local knowledge with global best practices, positioning themselves as strategic advisors rather than just compliance providers. As Peru’s economy continues to integrate with global markets, having an accounting partner that can navigate both domestic regulations and international standards will become increasingly valuable for sustainable growth.
