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Damma Legal Advisors

San Isidro Office

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This content is provided by Damma Legal Advisors.

Managing Partner: Iván Chu
Senior Partners: Walther Belaunde, Rocio Liu, Jose Chiarella and Germán Lora
Number of partners: 5
Number of other lawyers: 9

Firm Overview:
Damma Legal Advisors was founded on April 2019, as a result of a merger of the existing tax boutiques lead by Walther Belaunde (Acerta Asesores) and Ivan Chu (CDA Abogados), which were also joined by Jose Chiarella (independent tax professional), all reputed tax practitioners with vast experience in several local large firms and big-4 companies (including Santivanez, Payet, Rey & Cauvi, Garrigues, Rebaza, Alcazar & De las Casas and Rodrigo, Elias & Medrano, Deloitte and EY). The firm provides legal advisory to Peruvian and foreign companies and individuals on corporate, labor and tax matters, ranging from consultancy, audits, corporate restructuring and litigation. The firm also handles tax issues involving mergers and acquisitions (M&A) deals and other transactional mandates. The team gained additional respect and reputation when two of the most prestigious Peruvian lawyers decided to join the firm as partners: German Lora, former head of Payet, Rey & Cauvi labor practice, and Rocio Liu, former head of Miranda & Amado Abogados tax practice. During the last years, all the firm’s partners have been ranked and mentioned in the most prestigious international publications which cover the Peruvian legal market. The links and synergies between the labor and tax practices, is what makes the firm unique and special. Notwithstanding that the firm has been present for only a couple of years in the Peruvian market, its tax and labor practices are recognized among the strongest and most reputed within the country.

Main Areas of Practice:
Tax advisory: 30%
Tax litigation: 20%
Private clients: 10%
Corporate: 10%
Labour: 30%

The firm provides general tax advisory and consulting, assisting its clients in the analysis of their business decisions from a tax standpoint, also carrying out due diligence procedures and representing clients in reviews and litigation procedures against the Peruvian tax authorities. Most of the firm’s partners have extensive experience and knowledge in tax-related matters pertaining real estate, construction, pharmaceutical, retail, banking and finance, investment funds, cosmetics, agricultural and food industry, logistics, energy, oil & gas (downstream and upstream) and mining.

Private clients:
The firm offers tax and general legal advisory to high net worth individuals and their families, with respect to wealth preservation, including asset protection, corporate governance, succession planning, family protocols, and general family structuring including assets located inside and outside Peru.

The firm provides general corporate advisory to Peruvian companies, including the design and implementation of corporate vehicles and more complex structures, corporate governance documents, financial structuring and M&A transactions.

The firm provides specialized advisory on individual labor rights matters within the common regime of the private sector and other special regimes, the main ones being those related to the mining, fishing, non-traditional exports and agricultural industries. Furthermore, the firm provides advisory in collective labor rights matters and negotiations with unions and employees. The team also carries out due diligence procedures and represents clients in reviews and litigation procedures against the Peruvian labor authorities.

In addition to some of the partners having both studied and worked outside of Peru, the team has a vast experience in handling M&A transactions with international ramifications as well as in the provision of legal advisory for the purpose of inbound and outbound new investments from a tax and labor viewpoints.

LANGUAGES: English, Portuguese and Spanish.

The firm's clients include most of the largest Peruvian and foreign companies carrying out business activities in the country, involved in the construction, manufacturing, education, energy, mining, financial services, private equity, food, agricultural, pharmaceutical,