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Take our short survey and share your perceptions about the current and future outlook for doing business in Latin America: Perceptions of doing business in Latin America | Hacer negocios en América Latina We are seeking to understand general attitudes about working or doing business in Latin America, and understand what individuals and companies may be planning for the future. We are seeking to understand general attitudes about working or doing business in Latin America, and understand what...
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. The main markets in terms of Latin Fintech start-ups are Mexico (238 start-ups), Brazil (219), Colombia (124), Chile (75), Argentina (60), Perú (47) and Ecuador (31). Guatemala still offers many niches for Fintech start-ups. Gain insight into the...
Our senior legal and accounting experts deliver monthly updates on regulatory and other changes in their respective countries in Latin America. Find out regulatory changes occurring across Latin America that may impact you and your business. Extension for Registry of Commerce renewal in Bolivia Bolivia's response to the COVID-19 includes an extension of the deadline for commercial renewal with the Registry of Commerce. In Bolivia, the government’s response to the COVID-19 pandemic has included...
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 largest export economy in the world. Statistics estimate the value of its exported goods at approximately...
Understand the importance of outsourcing corporate secretarial services in Panama. There are crucial competencies that you should look for in a corporate secretarial services provider in Panama. Panama is one of the most attractive countries for doing business in Latin America. The World Bank states that the country has a fast growing economy with a continuous growth percentage of 4.6% over the last 5 years. We outline crucial competencies to look for in a provider of corporate...
When doing business in Guatemala, managing your business’ risks with due diligence practices is essential to its success and longevity.Language and/or cultural barriers, understanding the market and the way of handling businesses are challenges that foreign business owners face when expanding abroad. Buying existing companies or partnering with locals are key ways to reduce these challenges and get support navigating an unfamiliar market. However, it’s imperative to protect yourself when...
Find out benefits and opportunities for US Companies Doing Business in Guatemala. Guatemala's size and economic potential offers one of the best options for business expansion into Central America. Guatemala is the third-largest country in Central America, with just over 17 million inhabitants. Its main location for commercial activity is Guatemala City. The official currency of Guatemala is the Quetzal, and its strength offers a significant advantage when expanding into the country from...
Managing your business risk with due diligence in Panama while doing business is a key aspect for having an operational company. Foreign executives face various challenges when entering in a new country. Language barriers, different legal frameworks and cultural expectations can be difficult to understand. Therefore, business owners choose to buy operational companies to start doing business immediately. Due diligence in Panama as in other countries offers certainty about...
Registering a trademark in Belize brings many advantages to a business, as it protects the distinctive signs their consumers recognize them by. Belize has established as one of the largest economies in Central America with a stable currency and pro-investment governmental policies. For companies that expand their business operations to Belize, registering a trademark is essential in order to remain competitive and build a unique brand in Belize’s market.A registered trademark in Belize grants...
Guatemala demonstrates strong aspirations for technology and innovation in the textile industry that expanding companies should take note of. The textile industry is responsible for transforming raw materials into a finished product, and is a crucial element of supply chains worldwide. In Guatemala, clothing manufacturing is popular and is looking to innovate. Guatemala profits from the Dominican Republic–Central American Free Trade Agreement, and could also benefit from the trade dispute...