El Salvador- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

Payroll Calculator: Calculate Costs of Hiring Staff in Latin America

Payroll Calculator: Calculate Costs of Hiring Staff in Latin America

We’ve launched our new Payroll Calculator, now available on our website, so you can better understand your hiring costs and requirements when expanding your business in Latin America. Keeping tabs on all the details of your corporate and human resources requirements and their associated costs is difficult. The added challenge of breaking through a language barrier can make this especially so for foreign companies in Latin America. We’re committed to continuous improvement and innovation. Find...

International Leaders Plan Strategic Direction for the Year Ahead

International Leaders Plan Strategic Direction for the Year Ahead

Bogotá, 1 March 2020 – Biz Latin Hub leaders from all over Latin America are coming together in Bogotá over the next week to share updates of the operations of their respective country offices. Together with Managing Director Craig Dempsey and Chairman David Wright, they'll map out the company's growth strategy for the next 12 months, and plan the future movements of their respective offices. Biz Latin Hub's Corporate Office will host international business leaders from its 12 offices across...

How to Liquidate a Company in El Salvador

How to Liquidate a Company in El Salvador

Understand the process to liquidate a company in El Salvador, and find out how to get expert support to carry out the correct procedure. Despite being one of the smallest countries in the Central American region, El Salvador demonstrates high economic potential compared to neighbouring countries. This is because the country has a privileged geographical position, which allows it to make many international trade connections that benefit local business. Even with the facilities to successfully...

Essential Back Office Services in Central America for Business Expansion

Essential Back Office Services in Central America for Business Expansion

Back office services in Central America are essential for business expansion Outsourcing your non-core functions such as data entry and document conversion reduces the pressure on your own employees on the ground, and the risk of non-compliance in a new market with unfamiliar regulations.  When seeking externally provided back office services in Central America, you  avoid the trouble of hiring specialist employees, and investing in technological and infrastructural fronts. Your work is...

Camilo Mantilla Discusses People and Commerce in Central America

Camilo Mantilla Discusses People and Commerce in Central America

Camilo Mantilla shares his insights on human, sociopolitical and commercial conditions in Central America. Biz Latin Hub's Daniela Bogotá and Chelsea Heywood had the privilege of connecting with Camilo Mantilla to gain his insights on human, sociopolitical and commercial conditions in Central America. In his current role as International Advisor at the John Jay College of Criminal Justice in New York, Camilo focusses on security and public safety in Mexico. He previously worked as a Legal...

Understand Local Workforce Potential When Investing in Central America

Understand Local Workforce Potential When Investing in Central America

Harness valuable workforce resources when investing in Central America by looking at expansion options in the Northern Triangle. The Northern Triangle of Central America includes the countries of Guatemala, Honduras, and El Salvador. In recent years, these countries have gradually strengthened regional economic ties through diversifying their social, political and economic integration. The Northern Triangle’s connections to the US and Canada are strong, which leading many companies...

Essential Back Office Services in Central America for Business Expansion

Trends for Foreign Direct Investment in Central America

In recent years, Central America has become an attractive destination for people and companies that want to do business. The region is targeted by foreign investors due to the continuous development that countries are pushing for in various economic sectors such as renewable energy, technology, infrastructure, tourism, agriculture, manufacturing and others. Foreign direct investment (FDI) in Central America is on the rise. The region’s governments are establishing clear regulatory frameworks...

New Law Set to Boost E-commerce in El Salvador

New Law Set to Boost E-commerce in El Salvador

Latin America has welcomed a number of technological revolutions in recent years, including online business activity (known as electronic commerce or ‘e-commerce’) and financial technology or ‘fintech’ innovation. With El Salvador right at the forefront, this development consists of introducing and implementing new technologies to perform activities and services such as transactions, purchases, sales, finances, and many others. These enhanced services allow people, businesses and banking...

5 Reasons to Incorporate a Company in Central America

5 Reasons to Incorporate a Company in Central America

Central America is an exciting region to do business. Often overshadowed by larger neighbouring markets, this region offers many important commercial advantages. This includes special economic zones, tax and other commercial benefits, regional integration, and ease of doing business. Entrepreneurs and foreign investors looking at expanding into Latin America should consider the benefits posed by a rapidly developing region. We look at 5 valuable elements that enable investors to incorporate a...

Overview and Opportunities for Fintech Companies in El Salvador

Overview and Opportunities for Fintech Companies in El Salvador

Technology is a tool with increasingly growing uses in society as well as in the workplace. Even the most traditional primary sectors such as agriculture and mining have found ways to incorporate technology to significantly improve efficiency. Financial services and banking is one industry that has evolved, possibly the most drastically, having changed the very fabric of the commodity it deals in – money. To keep up with the rapid advancement of technologies, governments are having to...

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