LATAM- Business News and Updates


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

Manage Business Risks With Due Diligence in Ecuador

Manage Business Risks With Due Diligence in Ecuador

When doing business in Ecuador, managing your business risks with due diligence is essential to achieve success. Entrepreneurship in a new market entails facing different barriers. These include linguistic or cultural barriers, as well as lack of local market understanding or know-how. Buying existing companies or partnering with locals are key ways to mitigate these challenges and obtain support for navigating an unfamiliar market.  However, it is essential to protect yourself in Ecuador...

Teleworking Regulations to Continue Business in Ecuador

Teleworking Regulations to Continue Business in Ecuador

Teleworking has become a reality for Ecuadorians during the Covid-19 outbreak. However, it is also part of the regulatory framework supervised by the Ministry of Labour of Ecuador, defining teleworking as "the provision of legal and personal services, in a dependent relationship, of a non-present nature, during ordinary or special working days, outside the facilities of the place where the worker works". We describe Ecuador's new teleworking regulations established by the government to...

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

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...

When Does an NGO in Costa Rica Need Anti-Money Laundering Policies?

When Does an NGO in Costa Rica Need Anti-Money Laundering Policies?

Non-governmental organizations or NGOs in Costa Rica must take into consideration anti-money laundering policies, and how they should apply them to their organizations to comply with local legal requirements. Find out the related legislation and relevant groups supporting anti-money laundering for NGOs in Costa Rica and Latin America, and how you can protect your organization. Policies to fight money laundering in Costa Rica Anti-money laundering policies supervise the movement of capital in...

Outsource Your HR and Payroll in Mexico with a Local Provider

Outsource Your HR and Payroll in Mexico with a Local Provider

Outsourcing your HR and payroll in Mexico with a local provider is very common among companies expanding their business in the country, especially during a period where international travel is restricted. It is the best way of delegating recruitment and payroll management activities through a third party, also known as a Professional Employer Organization (PEO) or Employer of Record in Mexico. This process allows business owners to reduce costs, streamline incorporation processes, decrease the...

Register and Protect Your Trademark in Central America

Register and Protect Your Trademark in Central America

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,...

Overview of Import and Export Regulations in the Dominican Republic

Overview of Import and Export Regulations in the Dominican Republic

Read more about the import and export regulations in the Dominican Republic as the export process in the Dominican Republic is regulated by laws, decrees, and regulations. This conforms to the different government institutions and agencies that participate in it. Besides, private companies that contractually with the government manage parts of the process particularly in management from ports and airports. Documentation required for exporting to the Dominican Republic Name registration in...

What Does the Canada-Colombia Free Trade Agreement Mean for Business?

What Does the Canada-Colombia Free Trade Agreement Mean for Business?

The Canada-Colombia Free Trade Agreement (CCoFTA) has been in force since August 2011. It is Colombia’s second free trade agreement with a developed country. The negotiated items in this agreement are comparable to the commercial terms found in Canada’s other bilateral agreements with Chile, Costa Rica, and Peru. Since the establishment of the agreement, trade between both countries has developed tremendously. In this article, we'll describe the principal goals, results, and opportunities of...

Pin It on Pinterest