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.


Regulatory update: 5 LatAm offices report changes in June 2022

The legal and accounting teams at Biz Latin Hub’s offices in Chile, Colombia, Costa Rica, Paraguay and Peru reported the following regulatory updates in June 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 back-office …

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A stock photo of a handshake representing someone recruited by headhunters in Colombia

Headhunters in Colombia: executive, IT, or tech recruiter

Working with seasoned headhunters in Colombia could be your best choice if you are looking to fill an ...
San Juan, the capital of Puerto Rico, where payroll outsourcing could be a good option for streamlining your business operations

Have you considered payroll outsourcing in Puerto Rico?

If you are looking to streamline your operations by outsourcing some part of your back-office services to Latin ...
A photo taken from the Facebook account of the Pacific Alliance

New potential member emerges as Pacific Alliance expands

The expansive ambitions of the Pacific Alliance -- a decade-old economic bloc established by Chile, Colombia, Mexico, and ...

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 an employer of record (EOR). An EOR in Bolivia will hire staff on your behalf, meaning you can avoid establishing an entity in the South American country. That is an attractive option to anyone in need of …

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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 figures in USD), with US demand for agricultural goods set to spike. That is according to a new report from the Colombian-American Chamber of Commerce (AmCham Colombia), which states that Colombia’s fertile, abundant, and massively underutilized tracts …

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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 …

Caribbean citizenship by investment programs facing end Read More »

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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