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.


Is it Hard to Get a Business Visa in Colombia?

Starting a business in Colombia is a popular option among foreign investors seeking to enter Latin America, in part thanks to the relative ease of obtaining a business visa for the country. As long as you meet the necessary requirements, getting a business visa in Colombia is a straightforward process that will allow you to …

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Register a Business in Mexico: a 6-Step Guide

If you are interested in expanding into Latin America, Mexico should be on your radar. Thanks to its ...

April 2021 Regulatory Update: Changes Reported by 8 LatAm Offices

Eight BLH offices reported regulatory changes in April The legal and accounting teams at Biz Latin Hub's offices ...

Background Checks in Chile: Which to Carry Out?

If you are planning to incorporate a company in Chile and will be hiring local staff, conducting background ...

Digger

Peru Mining: The Race to the Bottom

The mining sector is experiencing significant and fundamental changes as a result of the pronged and severe downturn in commodity prices. Unlike previous downturns, which were of a cyclical nature and primary resulted in belt-tightening within the Junior and Mid-Cap sectors, this downturn is far more widespread and is also affecting even the largest companies within …

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Opportunities in Andean Latin America

What are the Opportunities in Andean Latin America?

The Andean Community (CAN) is a South American Customs Union which is comprised of Bolivia, Colombia, Peru and Ecuador; consisting of over 100 million inhabitants living in an area of almost 5,000,000 Sq. Kms and with a combined GDP of approximately US$1000 billion. Business Opportunities in Bolivia Bolivia is the smallest country within the Andean Community, both by geographic size and economic capacity, with …

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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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