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.


Ship in the Panama Canal

Back Office Services in Panama: the Advantages of Outsourcing

Outsourcing back office services in Panama is a popular option among foreign companies entering the market for the first time or planning on doing business in the country for a short period. Because when you outsource back office services, not only do you benefit from the local understanding of the outsourcing provider, but you also …

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Your Attorney in Uruguay Should be Chosen Wisely

If you do business in the Uruguayan market, or are planning on launching there, you need to have ...

Find a Reliable Corporate Lawyer in Ecuador

Having the support of a corporate lawyer in Ecuador is important for any foreign company looking to expand ...

How to Get a Fiscal Address in Argentina

If you are looking to incorporate a company in Argentina, you are going to need a fiscal address, ...

Taxpayers Mexico

Mexico Accountant: Types of Tax Payers in Mexico

The taxation system in Mexico can be somewhat complicated; this can make it difficult for foreigners operating in the country. Taxpayers in Mexico are divided into four groups, all which have specific tax requirements. It is essential that both foreigners and locals conducting business in Mexico have a comprehensive understanding of the taxation system and …

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Changes New Peruvian Immigration Law

Peru Visa Lawyer: Peruvian Immigration Law Changes

On September 26th, 2015, The Peruvian Executive Power finally enacted the New Immigration Law, Legislative Decree No. 1236, replacing the Legislative Decree No. 703, which, according to the Migration Authority, did not correspond to the current immigration growth in Peru. As explained by the executive, the new law seeks to facilitate the arrival and stay …

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mining resources sector colombia

Overview: Resources Sector in Colombia

Colombia has experienced high levels of economic growth in recent years, making its economy one of the stand-out performers within Latin America. This has largely been supported by a significant and sustained increase in foreign investment, especially into the resources sector. Resources Sector in Colombia – Foreign Investment in Colombia Foreign investment has grown from USD$7Bn in …

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Peru Mining Lawyer: Take Advantage of the Growing Mining Sector

Peru has benefited greatly from significant increases in foreign investment over the last ten years, specifically in the local mining sector, which has resulted in significant increases in copper, gold and base metals production. This has turned the mining sector into the growth engine of the country, which has also supported wider economic growth, with …

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Why is Australia’s Relationship with Mexico Growing?

An Australian Government Senate inquiry was completed in December 2015 by the Foreign Affairs, Defense and Trade Committees regarding the current state of Australia´s relationship with Mexico. The Australian government is aware of the growing economic strength of Mexico and the potential commercial opportunities for Australian investors. This comprehensive review resulted in 13 key recommendations, covering …

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Expat Tax Treatment of Income Generated in Mexico

Expat tax treatment of income generated in Mexico is regulated by Title V of the Income Tax (Ley del Impuesto Sobre la Renta). Income can be: Cash Assets Services Credits Any other income as determined by the tax authorities. In article 9 of the Fiscal Code, the following are defined as residents in Mexico: Physical …

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Peru Mining Lawyer: Overview of the Peru Mining Permit System

“All mining activities, including prospecting, exploration, exploitation and processing of minerals are approved within the Peru mining concession system”, Specifically, Peruvian Mining Law states that a “Mining Concession” refers to the right of the holder to develop (1) mineral exploration and/or (2) exploitation operations, within a solid indefinite depth, bounded by the vertical planes which …

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Mexico Accounting Services: The 5-Day Tax Refund in Mexico

With the 2016 tax reform, the article 22-D of CFF (Código Fiscal de la Federación) was added, which indicates that the tax authority may apply its right to review your books or pay you a visit in order to ensure that your tax refund is accurate. One of the possible effects of this reform is that …

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Corporate Law Colombia: Company Formation in Colombia

Colombia is a country of many opportunities but setting up a company formation can be a challenge for those who are unfamiliar with the local process. Different Types of Company Formations There are a number of company types available to suit every business type and need, but the most popular is a SAS company, which …

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Brief Summary of the IFRS Implementation in Colombia

What is IFRS? International Financial Reporting Standards (IFRS) is an internationally accepted reporting standard for registering financial transactions & reporting. Why is it important? Colombia has fully adopted the IFRS guidelines and they are now in full effect for all Colombian companies, meaning that you need to ensure that your accountants are registering all transactions according to …

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