jueves, 20 de septiembre de 2007

After the seeds had eventually been sown and began to grow we turned our attention to the formation of the company and the purchasing of the water system. The natural choice was to register our company in Cajamarca. Roger and I sat down together one night to decide upon a name. I suggested we use the name ´Barton´ (the name of the village where my parents live in England) and Roger suggested we use the name Caxamarca. So we simply decided upon the grand sounding name of Barton Caxamarca Corporation (or BarcaCorp for short).

Although I was only in Peru on a temporary tourist visa, officially registering our company wasn´t too much of a problem. Roger did most o the work anyway, for me it simply meant waiting around at the offices of various notaries and lawyers. Legally I don´t think I was doing anything wrong. Although in Britain, of course, a foreigner doing what I did would certainly be illegal. But as far as I know it is acceptable for a foreigner to do business in Peru on a temporary tourist visa. Added to that immigration laws are far more relaxed and poorly enforced in the third world. Partly because they don´t have the resources to do it and partly because they want to encourage foreigners to enter and stay in the country. Foreigners are much more likely to spend (or lose) ther money in Peru than to commit crime or take advantage of the system. And anyway, I don´t think the authorities could reasonably expect anyone to come in and do what I did in Peru.

Next, Roger and I opened two business bank accounts in the name of BarcaCorp. Foreigners are not allowed to open personal accounts, but because this was a business account in a joint venture with a Peruvian this was apparently legal. In one account we would keep 1000 soles (300 dollars) registered capital and the other account we planned to use for paying for the water system and later to put in revenues from the Alfalfa.

1 comentario:

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