Global Business News

Keep up to date with the local business and regulatory environment. Market updates including business news, company formation, back office, accounting, taxation, legal, visas, international PEO and due diligence.


Photo of Mexico City to accompany article on back office services

4 back office services in Mexico ideal for outsourcing

For anyone doing business in the Mexican market or planning to launch there, outsourcing back office services in Mexico is a great way to streamline core operations, while also accessing the local knowledge of an established provider. Back office services are essentially any element of a business that is not client facing, which is often …

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Stock image of Brazil for article on finding the right legal firm to provide legal services

Legal services in Brazil: find a good corporate legal firm

Anyone planning on starting a business in Brazil, or who is already active in Latin America's largest economy, will ...
Stock image of Bolivia for article on EOR services

Hire staff via an EOR in Bolivia & avoid company formation

If you are interested in doing business in Bolivia, one good option is to get local staff through ...
Stock photo of coffee sacks to accompany article on Colombia agricultural exports

Colombia agricultural exports to US ‘could grow 250%’

Colombia agricultural exports to the United States could grow 250% over the next decade, hitting $1.4 billion (all ...

Diplomat William Turton discusses business & investment opportunities in Guatemala

For our latest Industry Expert Q&A, Douwe Westerveld had the pleasure to connect with William Turton Furlan, commercial counselor at the Embassy of Guatemala in the Netherlands, who spoke about business and investment opportunities in the Central American country. For anyone considering doing business in Guatemala, his insights could be of great interest. William studied …

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Regulatory update: 5 LatAm offices report changes in April 2022

The legal and accounting teams at Biz Latin Hub’s offices in Argentina, Bolivia, Chile, Costa Rica and Panama reported the following regulatory updates in April 2022 that could affect your business interests. At Biz Latin Hub our multilingual teams of corporate support specialists based throughout Latin America and the Caribbean offer tailored packages of integrated …

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Stock image of Peruvian soles to accompany article on Peru minimum wage hike in 2022

Peru minimum wage hike ‘could increase informality’

A hike in the Peru minimum wage that will come into force on May 1 could push more workers into informality, according to a leading Peruvian economist. The increase, which was approved by the Peruvian government on April 3, will see the Peru minimum wage rise from 930 soles (approx. USD 242) to 1,025 soles …

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Stock image taken in Vilcabamba to accompany article on back office services in Ecuador

4 back office services in Ecuador to consider outsourcing

If you are doing business in the Ecuadorian market and looking to streamline your core operations, there are a number of good options available when it comes to outsourcing back office services in Ecuador. The back office of a business is essentially any part that is not client or customer facing, so outsourcing back office …

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Stock image for article on new law promoting electric transport and sustainability in Panama

New law promotes electric transport in Panama

A new law promoting electric transport in Panama was signed off by Panamanian President Laurentino Cortizo this week, as part of a broader effort to reduce greenhouse gas emissions, encourage the use of renewable energy, and promote sustainability. Law 162 offers a five year period of exemption from vehicle licensing fees for all electric vehicles. …

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Lawyer in Costa Rica: find a good corporate legal firm

If you are interested in doing business in Costa Rica, or already active in this prosperous Central American market, you need to be able to count on the support of a good legal firm. Because, while the country is friendly to business and investment, its regulatory regime still includes some particularities that your lawyer in …

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Organization of East Caribbean States flag to accompany article on Caribbean citizenship by investment programs (source: Facebook)

Caribbean citizenship by investment programs facing end

The crisis in Ukraine caused by Russia’s invasion in February has brought renewed focus on Caribbean citizenship by investment programs, as sanctions imposed on Russia and many of its wealthiest citizens have drawn attention to immigration and investment arrangements used by the Russian elite in order to provide them greater international mobility and manage funds …

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Stock image of Puerto Rico to accompany article on starting a business on the island

5-step guide to starting a business in Puerto Rico

The Caribbean island of Puerto Rico is an attractive prospect for investors, enjoying the benefits of being a US territory, while also offering many of the perks of doing business in Latin America. For anyone considering starting a business in Puerto Rico, the company formation process involves five key steps. For investors planning a short-term …

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Obelisk of Buenos Aires, where your legal firm in Argentina will likely be located and be able to assist you with navigating corporate law

Legal firm in Argentina: get support with corporate law 

Finding a good legal firm in Argentina is crucial to anyone doing business there or planning on entering the market. Corporate law in Argentina has some notable particularities that you will need to comply with, and it pays to secure the services of a provider able to help you navigate them in the most efficient …

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Stock image of Guatemalan flag to accompany article on foreign investment in Guatemala

Why did foreign investment in Guatemala spike in 2021?

In 2021, foreign direct investment (FDI) into Guatemala hit record levels, after the country saw the lowest levels of FDI in a decade the previous year. But what made foreign investment in Guatemala spike so radically in 2021? Guatemala is Central America’s largest economy by gross domestic product (GDP), as well as one of the …

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