Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.
Our professionals report notable regulatory updates for June 2020. Biz Latin Hub’s team of legal and accounting professionals based across Latin America report the following notable regulatory updates for June 2020 in Argentina, Brazil, Chile, Costa Rica, Ecuador, El Salvador, Mexico, Panama, Peru, and Uruguay. In our regulatory update series, we report on legal and other reforms that could significantly impact businesses in Latin America. Note that this not an exhaustive list of all...
Find out about Panama's free trade agreements (FTAs), and how they support the country's development and promote benefits for foreign investment. According to the US Embassy in Panama, the country has "historically served as the crossroads of trade for the Americas.” Thanks to the Panama Canal and the benefits offered by all the free trade zones within the country, it has become a strategic hub to do business. In 2017, Panama exported US$3.06 billion and imported US$24.8 billion,...
In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding...
Registering your trademark in Central America protects your intellectual property from competitors. A trademark is defined as a unique sign that distinguishes your product or service from others. Once registered, you must take certain steps to protect your trademark regularly. Central America is comprised of 7 countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Central America is comprised of 7 countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras,...
Conducting a trademark search in Central America is the best way to protect your business and distinguish it from other companies. It is a crucial pre-emptive step before applying to register a trademark when expanding your business in the region. In this article, we will help you understand all aspects you need to consider to conduct a trademark search in Central America appropriately. Classify your business to conduct an appropriate trademark search in Central America To start a trademark...
Understand the challenges you might face while expanding your business to Panama and how to overcome them. Panama has been one of the fastest-growing economies in Latin America, with an average economic growth of 4.6%. The country supports furthermore foreign direct investments by granting fiscal and commercial benefits, such as tax incentives. The consistent growth, the policies to attract foreign investment and its strategic geographical position make Panama an international hub in...
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...
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...
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...
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...