How can our Company Formation Services help your Business?
Our Company Formation Services
Our Company Formation Services
We offer a comprehensive, streamlined solution for setting up and maintaining your local legal entity. Trust our local team of legal experts to help you understand the types of legal entities and guide you through the complete company formation and corporate bank account opening process.
Learn about the statutory requirements to form a company in Latin America and the requirements to maintain your company in good legal standing.
Read our business essentials guide to forming a new company in Latin America.
Company incorporation is the legal process to form a company or corporate entity. A corporation is a legal vehicle that legally separates the company’s assets and its owners.
Corporate governance is ensuring a company or corporate entity’s legal compliance and good standing. Compliance with local regulations and laws is critical to avoid fines or penalties.
Company books are the formal record of a legal entity’s history and constitution and must be regularly updated. Information includes ownership, administration, and corporate governance of the entity.
A Legal Representative is the legal face of a company and is the legal signatory for all company activities. They have the legal responsibility to ensure the good operation and standing of the company.
The fiscal domicile is the legal address of a company. This address is disclosed on the public record and is used for all official governmental and legal correspondence.
Unique Tax Identifier
The unique tax identification number is a number assigned to a company so it can be identified by governmental entities for taxation and other legal purposes.
More information on how to Start A Company
Frequently Asked Questions on Company Formation
Based on our experience, these are the most commonly asked questions about how to form a company and how Biz Latin Hub can help.
What is company formation?
Company formation is the process of legally incorporating a business as a limited company at the respective registrar of companies. It makes the business a distinct entity, separate from its owners, and allows it to benefit from certain legal protections.
Can a foreigner create and own a company in Latin America or the Caribbean?
Yes, a foreigner can create and own a company in almost all jurisdictions in Latin America and the Caribbean.
What are the common legal entity types in latin America and the Caribbean?
The most common legal entity types in latin America and the Caribbean are the simplified stock company or simplified corporation, known as an SAS (sociedad por acciones simplificada) or a corporation, known as an SA (sociedad anónima).
What is the process of company registration?
The process of company registration involves several steps, including preparing powers of attorney, apostilling shareholder documents, choosing a unique company name, preparing necessary documents such as the Memorandum and Articles of Association, registering with the appropriate government agency, and paying the necessary fees. The process may vary depending on the specific country’s regulations.
What are the requirements to establish a company?
This varies between jurisdictions, but in most Latin American countries you will need to have a local fiscal address and also appoint a legal representative for your new company during the incorporation process. Some jurisdictions also require additional obligations such as an appointed chartered accountant, and legal representatives for foreign shareholders.
Why should I consider company incorporation in Latin America?
Incorporating a company in Latin America can provide numerous benefits, including access to a growing market, favorable business regulations, and potential tax advantages. However, the process can be complex and requires a thorough understanding of local laws and customs.
What are the key considerations for company formation in Latin America?
Key considerations for company formation in Latin America include understanding the local business culture, legal requirements, tax implications, and potential market opportunities. It’s also crucial to have a reliable local partner to navigate these complexities.
Do I need to be in the country to register a company?
No, in most cases, the company incorporation process can be completed through a power of attorney.
How long does it take to incorporate a company in Latin America?
Timing for starting a business in Latin America varies between countries, but normally takes between one to four months on average.
How does Biz Latin Hub ensure the success of my company formation?
Biz Latin Hub leverages a team of local and expatriate professionals who are well-versed in the laws and regulations of Latin American countries. We provide a full suite of market entry and back-office services, ensuring your company formation is successful and compliant with all local requirements.
What services does Biz Latin Hub offer beyond company formation?
Beyond company formation, Biz Latin Hub offers a range of services including legal and accounting services, visa processing, hiring and recruitment, due diligence, and more. Our goal is to provide a comprehensive solution for businesses looking to expand into Latin America.
How do I initiate the process of company formation with Biz Latin Hub?
What our clients say
Biz Latin Hub is a legal and accounting services firm rapidly gaining ground in the fast-evolving markets of Latin America. This has been possible thanks to the clarity of its objectives and its willingness to deliver sustained leadership. With an increased presence in small and big markets, Biz Latin Hub is developing formulas for pursuing appropriate segments, while at the same time creating new business opportunities and synergies. This is great news for companies interested in doing business and/or incorporating a legal entity within the region.
– Jairo Hernandez, Ambassador of Costa Rica to the Commonwealth of Australia
WHAT MAKES BIZ LATIN HUB DIFFERENT?
Your Local Partner
We can provide you the complete, fully-integrated and tailored back office, PEO and entity incorporation solution
Your Need is Our Focus
We know one size doesn’t fit all – we will work with you to understand your business needs and to provide a personalized market entry and back office solution
Globally Minded & Local Expertise
Trust our local team of lawyers and accountants to establish your business, form your legal entity, hiring employees and legal entity compliance
Communication at its Best
English, Spanish or Portuguese – Our local and expatriate team of accountants and lawyers can support you in multiple languages
Ready to get started?
Reach out to our team of experts to start banking across Latin America and the Caribbean