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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 Guatemala 1. Inscription of dissolution agreement The first step to liquidate a company in Guatemala is...

The Importance of an Entity Health Check in Bolivia

The Importance of an Entity Health Check in Bolivia

Understand the importance of an entity health check in Bolivia to secure your business and manage risk. Bolivia is an attractive country for executives looking to expand in the Andean country. However, local and strict regulations may add a layer of complexity. As such, it is essential to understand the business conditions and corporate compliance requirements to properly develop your company in Bolivia. This includes conducting an entity health check in Bolivia. How does an entity health...

The Importance of Seeking Directorship Services in Latin America

The Importance of Seeking Directorship Services in Latin America

Bussines owners planning to expand their company into a foreign country will encounter a variety of situations that require a careful decision-making process, plus time and money. The use of Directorship Services in Latin America from an external provider can help you meet all of the necessary requirements and needs to successfully expand your business into a new market. One of those needs is to appoint a Director or Manager who has the legal right to represent the company wherever it will be...

Why Should US Companies Do Business in Costa Rica?

Why Should US Companies Do Business in Costa Rica?

There are multiple benefits for US companies doing business in Costa Rica. The country offers to foreign investors a politically stable environment, closeness to major cities in the world, and an international reputation that precedes it in education, tourism, technological, manufacturing and service matters. Plus, businesses have a number of options when expanding into the country. These attributes undoubtedly generate a powerhouse for US companies doing business in Costa Rica. In this...

How to Get an Argentina Business Visa as a UK Citizen

How to Get an Argentina Business Visa as a UK Citizen

Did you know that individuals from the United Kingdom (UK) have preferential requirements to obtain an Argentina business visa compared to other nations? There are two main types of visas to do business in Argentina: a business visa and professional visa. Latin America is a region growing in popularity and perceived opportunity for UK businesses, and it's a crucial time to act on the advantages offered by countries such as Argentina to make your move to expand commercially. We outline the...

How to Liquidate a Company in Paraguay

How to Liquidate a Company in Paraguay

Find out how to liquidate your company in Paraguay and exit the market in uncertain and difficult times. A liquidation is often a valid option for businesses whose owners do not want to continue accumulating expenses. Lately, Paraguay has been working on recovering its economic growth and cutting superficial government spending to improve its quality and move toward more efficient administration. Though there are many options and favourable conditions to do business in Paraguay, projects may...

How to Form an NGO in Chile

How to Form an NGO in Chile

If you want to form a Non-Governmental Organization or NGO in Chile, it is important to understand the key steps and legal requirements to do so. Likewise, you must identify the main goals of your NGO. We outline what you need to know to form your NGO in Chile, one of the most stable and attractive economies in Latin America. What is an NGO? NGOs in Chile are recognized as foundations. Non-Government Organizations, or NGOs, are typically non-profit, civil organizations that operate in the...

Why Seek Commercial Representation Services in Ecuador?

Why Seek Commercial Representation Services in Ecuador?

When expanding to Ecuador it is important to understand the local commercial and trade legislation. It is therefore crucial to seek commercial representation services in Ecuador. Businesses of various sizes see Latin America as an attractive continent to do business in, with huge opportunities for growth and expansion in many sectors such as tech, tourism, and mining. The key to penetrating emerging markets such as Ecuador is to have a competent strategic business plan. Utilize local knowledge...

Peru and the UK Sign Reconstruction Agreement

Peru and the UK Sign Reconstruction Agreement

In June 2020, the UK government won Peru’s bid for the “Integral plan for the reconstruction of the damaged infrastructure of the Northern regions of Peru affected by floods in 2017", also called the Reconstruction Agreement or Programme. This government-to-government agreement involves the reconstruction of Peruvian infrastructure and the construction of preventative measures against natural disasters. Parties involved in the Peru-UK Reconstruction Agreement The Reconstruction Agreement...

Hire Your Staff Through an Employer of Record in Bolivia

Hire Your Staff Through an Employer of Record in Bolivia

Hiring staff through an Employer of Record in Bolivia (also known as an EOR) is a valuable option for those thinking about incorporating a company in the Andean country.  As labour regulations in Bolivia are complex, it can be challenging for foreign company executives and recruiters to hire and manage staff in full compliance with the law when expanding. We explain the services offered by an Employer of Record in Bolivia, and the benefits of hiring local staff through these organizations...

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