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.


A building in Dominican capital santo domingo displaying the flag of the Dominican Republic, where free trade zones offer opportunities to investors

Dominican Republic Free Trade Zones: 5 Reasons to Invest

For foreign investors interested in launching in Latin America, the extensive network of free trade zones maintained by the Dominican Republic makes the Caribbean nation an enticing investment prospect. That is because, with 75 Dominican Republic free trade zones found around the country, a wide range of sectors can access the benefits that the zones …

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Cayo Cangrejo in San Andres, part of Colombia, where a tax reform is being introduced

Colombia Tax Reform: 4 Things Investors Should Know

The Colombian government has recently submitted a new tax reform to the Congress of Colombia that is intended ...
Mexico exports article main image of Mexican nature

4 Billion-Dollar Products Driving Record Mexico Exports

Mexico exports of agrifood products hit a 29-year high in the first five months of 2021, highlighting the ...
Panama City at night - main image Panama fintech

Panama Fintech Hub Part of $250 Mn Tigo Investment

Millicom, the parent company of Tigo, has announced a $250 million investment project in Panama that will see ...

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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Doing Business in Colombia: Four Thoughts for Foreigners

Colombia has slowly been emerging as one of the most attractive countries for trade in Latin America. The combination of a stable government,  strategic free-trade agreements, sound economic policies, and declining insecurity have helped the country to establish itself as an economic leader in the Latin American region. As a result, a growing tide of …

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What to expect from a reputable Colombian Attorney

What to Expect From a Reputable Colombian Attorney?

Not many people are aware of the detailed workings of a Colombian Attorney. Colombia is well known as the home of a large range of Expats who run their companies in industries such as oil, energy, shipping, tourism, banking, real estate and many more. For their Company Formation, these individuals need the help of highly …

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How Economic Growth in Peru is Encouraging Foreign Investment

In recent years, Peru has had one of the best performing economies in South America, however, this has not always been the case. For most of the last thirty years, Peru faced stagnant economic growth, high unemployment and high levels of poverty. In 2006, the Government decided to implement a series of fiscal management policy …

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calculator for tax calculations

What Are The Peruvian Tax Obligations?

Thanks to its incredible diversity and rich culture, Peru has been drawing in millions of tourists every year in the past decade. This, in turn, has helped attract serious foreign investors and entrepreneurs, who are looking to tap into the market. Business opportunities in the land of pisco sour are very accessible to foreigners, as …

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