LATAM- Business News and Updates


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

Canada-Peru Free Trade Agreement: Promoting Canadian Business in Latin America

Canada-Peru Free Trade Agreement: Promoting Canadian Business in Latin America

In recent years, Peru underwent significant improvements in its economic, fiscal, and trade policies. This is thanks to the establishment of favorable tax and monetary bases, as well as the promotion of its exports through different trade agreements (FTAs). One of Peru’s most prized agreements is the Canada-Peru Free Trade Agreement. Peru has achieved significant growth in foreign investment as a result of these initiatives. Its exports have managed to attract the interest of many foreign...

Overview: What are Bolivia’s Labor Laws?

Overview: What are Bolivia’s Labor Laws?

Bolivia's labor laws are updated regularly, and are wide-ranging and complex. Companies need to keep in mind all the legal advice provided by experts in accordance with the law when hiring employees in Bolivia. As an expanding company, executives should consider engaging with a Professional Employer Organization (PEO) to hire staff and minimize risk of non-compliance with labor legislation. Overview of Bolivia's labor laws Bolivia's regulations are regularly updated so companies can adapt to...

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 dedicated to promoting the creation of NGOs in the country by offering benefits to interested...

Colombia and Costa Rica Join the OECD: What Does This Mean?

Colombia and Costa Rica Join the OECD: What Does This Mean?

The Organisation for Economic Co-operation and Development (OECD) is an international organization with the aim of designing policies for a better way of carrying out development and economic co-operation. These policies would bring prosperity, equality, opportunities, and well-being for everyone. The OECD works with the organization’s member governments to set international standards to produce solutions too different social, economic, and environmental challenges. They are described as “a...

Why Outsource Corporate Secretarial Services in Bolivia?

Why Outsource Corporate Secretarial Services in Bolivia?

Find out what corporate secretarial services in Bolivia are available to your business from third-party providers, and how they can relieve pressures on your expanding commercial activities. One of the most important things to take into consideration when doing business in Bolivia is to ensure your company stays compliant with local corporate obligations at all times. These services will help companies to develop their activities without legal hurdles.  Any company needs the best legal,...

Establish a Local Sales Presence Through a PEO in Paraguay

Establish a Local Sales Presence Through a PEO in Paraguay

Currently, Paraguay is regarded as one of the most attractive destinations within South America to establish a local sales presence. Developing a local sales presence is easier for companies using the help of a Professional Employer Organization (PEO) in Paraguay. Paraguay's economy is showing signs of growth since the last decade and its domestic market is increasingly diversifying. Despite this, many foreign companies expanding into the country face the challenge of hiring employees and...

June 2020 Regulatory Update: South and Central America

June 2020 Regulatory Update: South and Central America

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...

New Law Improves Access to Tax Residency in Uruguay

New Law Improves Access to Tax Residency in Uruguay

In June 2020, a new decree was introduced to improve access to tax residency in Uruguay. According to Forbes, the country is considered one of the most favorable places to obtain residency and a second passport. Uruguay is characterized by being a country open to investment with a migration policy that provides a framework of public, legal and economic security for foreign nationals who decides to settle in Uruguay. On 11 June, President Luis Lacalle Pou announced Decree 163/20 in order to...

Claudio Ramirez, Canadian Trade Commissioner for Colombia, Discusses Trade Relations and Business Opportunities

Claudio Ramirez, Canadian Trade Commissioner for Colombia, Discusses Trade Relations and Business Opportunities

Claudio Ramirez shares his perspective on the nature of the Canada-Colombia relationship and his team's success in promoting Canada as an important partner for Colombia. Find out about the current trade relationship and business potential between Canada and Colombia from Canada's Trade Commissioner to Colombia, Claudio Ramirez. Biz Latin Hub’s Chelsea Heywood had the pleasure of connecting with Claudio to gain his insights on the bilateral trade relationship, and what Colombia can offer...

Latest Developments in MERCOSUR Trade Deals and Negotiations

Latest Developments in MERCOSUR Trade Deals and Negotiations

The Southern Common Market (MERCOSUR) brings new trade deals and negotiations to its participating countries Argentina, Brazil, Paraguay, and Uruguay. Its goal is to generate business and investment opportunities. It has driven agreements with other countries, and the so-called Associated States, which lead to meetings and activities between those South American countries. on top of that, MERCOSUR has also brought commercial and political partnerships with countries all over the world. We...

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