Regulatory update: 4 LatAm offices report changes in September 2022

The legal and accounting teams at Biz Latin Hub’s offices in Bolivia, Chile, Colombia and Costa Rica reported the following regulatory updates in September 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 services, including legal, accounting, and recruitment, among other solutions to assist companies and investors doing business in the region.

If you are interested in doing business in Latin America and would like to learn more about how we can help you bridge cultural and linguistic barriers when entering the region, as well as support ongoing operations, contact us today.

Bolivia

The Bolivian government and its institutions introduced two notable regulatory updates in September:

Regulatory activityOutcomes for business
Ministerial Resolution N°1104/22

Published: September 20, 2022
Approves the new regulation for the endorsement of settlements before the Ministry of Labor
Law N°1468

Published: September 30, 2022
The purpose of this Law is to establish the procedure for the restitution of labor rights

Chile

The Chilean government and its institutions introduced one notable regulatory update in September:

Regulatory activityOutcomes for business
Law 21.457

Published: September 6, 2022
Establishes April 29th of each year as the National Day for Health Workers in Chile

Colombia

The Colombian government and its institutions introduced one notable regulatory update in September:

Regulatory activityOutcomes for business
DIAN Resolution No. 1240

Published: September 28, 2022
The deadline for providing beneficial ownership information in the RUB is extended.

Costa Rica

The Costa Rican government and its institutions introduced one notable regulatory update in September:

Regulatory activityOutcomes for business
DPJ-FID-001-2022

Published: September 30, 2022
Escrows will be identified under numbers 3-111 and 3-112

Biz Latin Hub can support you and your business in Latin America

At Biz Latin Hub, we have a multilingual team for legal, accounting, recruitment and company formation services, ready and waiting to support your business efforts in the Caribbean and Latin America. Our broad range of services allow our clients to do business with the peace-of-mind that they have checked all the commercial boxes, and that they are compliant with all the relevant legislative and regulatory criteria.

To learn more about how we can assist you in doing business in Latin America, contact us.

Also, you can learn more about our team of professionals and how they are enabling commercial growth across Latin America.

A BLH infogrpahic showing key services offered by the company
Regulatory updates Latin America. Key services offered by Biz Latin Hub

The information provided here within should not be construed as formal guidance or advice. Please consult a professional for your specific situation. Information provided is for informative purposes only and may not capture all pertinent laws, standards, and best practices. The regulatory landscape is continually evolving; information mentioned may be outdated and/or could undergo changes. The interpretations presented are not official. Some sections are based on the interpretations or views of relevant authorities, but we cannot ensure that these perspectives will be supported in all professional settings.

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