Posts by Legal Team Guatemala- Business News and Updates


Articles written by this author include Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Professional Employer Organization (PEO) news, Q&A with experts, and more.

Embrace Guatemala’s Business Etiquette when Expanding in Central America

Embrace Guatemala’s Business Etiquette when Expanding in Central America

Understanding Guatemala's business etiquette could increase the possibilities of success when doing business in the country. Business etiquette creates an overall picture of a company, which radiates onto the market and thus has a significant impact on entrepreneurial success. Learn about the most important aspects foreign executives should consider in regard to Guatemala’s business...

6 Steps to Liquidate a Company in Guatemala

6 Steps to Liquidate a Company in Guatemala

As business projects may don't always go as planned, foreign executives might want to liquidate a company in Guatemala. In some cases, this decision can be due to reasons related to the market conditions, product demand or political environment. However, regardless of the reason why you decide to exit the market, you must follow a formal liquidation process. Steps to liquidate a company in...

Foreign Direct Investment Trends in Guatemala

Foreign Direct Investment Trends in Guatemala

As Market observers recognize foreign investment trends in Guatemala, the Central American country emerges as a top contender for foreign business.The Guatemalan government has made great efforts to improve the country's business environment, stimulating investor confidence, and spurring Foreign Direct Investment (FDI) inflows. According to the 2019 UNCTAD World Investment Report, Guatemala...

How to Form an NGO in Guatemala

How to Form an NGO in Guatemala

Find out how to form an NGO in Guatemala to support social causes through nonprofit activities.  Guatemala continues to experience economic stability with a GDP growth rate of 3.6 percent in 2019. Moreover, the strategic location and a great number of natural resources place Guatemala as a country with great potential to develop socially and economically.  The Guatemalan government is...

Biz Latin Hub Expands: Leading Market Entry and Back-Office Services in Guatemala

Biz Latin Hub Expands: Leading Market Entry and Back-Office Services in Guatemala

Biz Latin Hub is now offering multilingual and multidisciplinary market entry and back-office services in Guatemala. Guatemala has demonstrated consistently positive GDP growth since 2009, and serves as a strategic hub for businesses operating across the Americas. Growth in certain Central American economies in recent years has attracted a number of foreign companies to the region, especially...

Opportunities for Fintech Business in Guatemala

Opportunities for Fintech Business in Guatemala

Opportunities for Fintech business in Guatemala are growing as the country has seen a significant increase in Fintech start-ups and operational companies. Guatemala is one of the most popular countries in Central America to start your business in. In Latin America, the biggest Fintech countries Mexico with 238 start-ups, Brazil with 219, Colombia with 124, Chile with 75, Argentina with 60, Perú...

What are the Largest Industries in Guatemala for Business?

What are the Largest Industries in Guatemala for Business?

Guatemala is the largest economy in Central America. Therefore, taking a look at the largest industries in Guatemala is worthwhile for those, who are seeking business opportunities in this country.More than half of Guatemala's economic activity takes place in four sectors: manufacturing (20%), commerce (18%), private sector (14%), and agriculture (12%). In addition, Guatemala has the 80th...

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