Corporate Lawyer- Tag Archives - Business News and Updates


Find the latest Legal updates and changes, industry reviews, regulatory updates, expert legal and accounting advice, Q&A with experts, and much more content.

Why Outsource Corporate Secretarial Services in Paraguay?

Why Outsource Corporate Secretarial Services in Paraguay?

Corporate secretarial services in Paraguay help clients to manage and alleviate risks of their business’ compliance. Paraguay is one of the most attractive countries for doing business in South America. The World Bank states that the country has a fast-growing economy with a continuous growth percentage of 4.5% over the last years. In the last two decades, Paraguay has experienced important changes in its economy, overcoming financial challenges in the 1990s and the beginning of the new millennium, and making fiscal and debt adjustments in the middle of the last decade. The country has been favored by positive external factors that added to macroeconomic stability, leading to years of notable growth in GDP and GDP per capita. We outline crucial competencies to look for in a provider of corporate secretarial services in Paraguay, and the importance of these services when expanding your business. Importance of corporate secretarial services in Paraguay The right corporate secretarial services provider supports a company’s risk management activities by enabling businesses to fulfill their corporate obligations. Setting up operations in a new country such as Paraguay is a challenge in regards to understanding and complying with new tax regulations, adapting to a new business culture and hiring the right staff. It can be time-consuming and complicated, especially when considering language and cultural barriers.  For this reason, it is vital to work with a trusted local partner to ensure that your company meets all local and international requirements. Hiring a local provider...

Mitigate Your Business Risks with Due Diligence in Brazil

Mitigate Your Business Risks with Due Diligence in Brazil

Understand how to manage your business risks with due diligence in Brazil. Brazil's favourable conditions for doing business and consumer market size attract many multinational companies looking to expand into Latin America.  Brazil has several legal peculiarities that impact companies' way of doing business that they must be aware of. Additionally, it is important for companies to accurately understand and make informed decisions on the level of risk they face when engaging new partners or contacts, buying existing companies and assets, and hiring staff. In order to invest in a pre-existing company in Brazil, the investor should carry out comprehensive due diligence in Brazil. This means clarifying the legal and financial health of the company, among others. When should I carry out due diligence in Brazil? The purpose of due diligence is to help business owners understand any applicable risks to business activity and make informed decisions about those risks. The purpose of due diligence practices is to help business owners and decision-makers understand any applicable risks to business activity and make informed decisions about those risks that align with the best interests of the company. Executives may choose to undertake certain due diligence processes in Brazil when: Purchasing an existing companyPurchasing company assetsHiring specialized or senior staffPartnering with or contracting an unfamiliar agencyForming other key working relationships with individuals or organizations. Due diligence practices analyze relevant legal, financial, and background information in...

Meet Fernanda Panizza, Country Coordinator and Corporate Lawyer in Uruguay

Meet Fernanda Panizza, Country Coordinator and Corporate Lawyer in Uruguay

“The client must be taken care of and assisted at all times... as this is critical for a long-lasting relationship.” Meet Fernanda Panizza, Biz Latin Hub’s Country Coordinator and Corporate Lawyer in Uruguay. Fernanda has vast experience in business counseling for foreign and national companies. She specializes in corporate, business and labor law in Uruguay. Fernanda was born in Montevideo, the capital city of Uruguay, and since deciding to become a lawyer, has found her vocation in corporate counseling. Such was the case that when she graduated from the University of the Republic as a Doctor in Law and Social Sciences, she began her Master’s Degree in Corporate Law from the University of Montevideo, where she graduated with Honors. After that, she did a Post Graduate Degree in Applied Labor Law in the University of Montevideo. Background in corporate law in Uruguay Before she started working with Biz Latin Hub, Fernanda worked in two large legal firms in Uruguay, where she gained knowledge and professional experience in corporate law. This made her want to take on new challenges, both personal and professional.  Fernanda appreciates that giving counsel to a client is a task that carries great responsibility, since the client fully trusts the professional in their recommendations and advice. “It is of great importance to develop a trusting relationship between the professional and the client” she says. “The client must be taken care of and assisted at all times; we must show commitment and professionalism, as this is critical for a long-lasting relationship.”...

Meet the Team: Arturo Batista, Corporate Lawyer in Panama

Meet the Team: Arturo Batista, Corporate Lawyer in Panama

Arturo Batista works as Biz Latin Hub’s Country Coordinator and Lead Corporate Lawyer in Panama. Arturo has extensive knowledge and experience in Panamanian immigration, corporate and commercial law. Arturo was born in Panama City, and grew up with an interest in using his knowledge to help others achieve their goals. He obtained a Bachelor's Degree in Science and Literature at the Panamanian Chinese Cultural Center. During this time, he had the opportunity to travel to Taiwan. While overseas, he was able to gain a greater understanding of the importance of respecting different cultures around the world. From a young age, he aimed to develop his knowledge of history and languages, to be able to understand people from different backgrounds and assist them in the best possible way. Arturo later continued his studies in Law and Political Science at the Universidad Santa María La Antigua. At the same time, he began his career as a professional working with a legal assistant in different law firms. In this role, he developed a broad knowledge of and experience in professional practices. He viewed this experience as invaluable for meeting his goal to provide a range of advice and expertise to support others. “It fills me with satisfaction when I can help a client. In a way, their happiness in fulfilling their goals through my services contributes to my own sense of achievement and wellbeing.” As a Corporate Lawyer in Panama... Since Arturo joined Biz Latin Hub as a Country Coordinator and Lead Corporate Lawyer in Panama, our operations and those of our clients in the country...

Incorporating / Registration of a Company in Peru – Corporate Lawyer Lima

Incorporating / Registration of a Company in Peru – Corporate Lawyer Lima

Are you interested in forming a company in Peru? Have you identified a business opportunity but are not sure how to begin business operations? It is time to team up with a local partner to assist you to execute your business plans in Peru, one of the most attractive commercial jurisdictions in Latin America Read the following legal summary will help you understand what you need to create your own company in Peru.  Company Registration Peru - Legal Entity Requirements Every legal entity in Peru must have at least two shareholders (99% and 1% is OK), and these shareholders cannot be husband and wife (unless the marriage is under a separate property regime).  Every legal entity in Peru must comply with the following (3) requirements: Appoint a Legal Representative Have a fiscal address File monthly and annual tax declarations This company incorporation process should be completed in (4) to (6) weeks following the submission of the required paperwork. If you are outside Peru, you will need a local contact to help you to incorporate your local Peruvian entity.  Company Incorporation Process To complete the company formation, if you are outside Peru, you will need the following: Power of Attorney (POA) that authorizes your ‘local contact’ to constitute a company locally, which has to be officially translated, with legalized signatures and apostilled Present three (3) name denominations for your legal entity  Identification of the company shareholders  The naming of local Legal Representative of the legal entity  Inscription of the social capital (S/500 minimum) Detail the...

How to Register a Company in Chile: Business Incorporation & Formation

How to Register a Company in Chile: Business Incorporation & Formation

Are you interested in starting a business in Chile? Although opening a business in a foreign country might seem complicated, there are actually several ways you can form the company you want in Chile. You could team up with a Chilean native, try to work with a local company, obtain a work visa in Chile or form your own company. With specialist advice from our legal team, we go over what you need to know and how you can get your business up-and-running in Chile!     Requirements Before Registering a Company in Chile In order to incorporate a company in Chile you must have the following: Proposed Company Name – You must have a name for your company in Chile approved by Chile’s Company Registry to see if your name is available and not already in use. Brief Description of Company Activities – Explain what your company does and what are its plans for the future. Shareholders Details – The shareholders can be corporations and/or individuals of any nationality. The shareholders’ names are required to be included in the details. There can be between 2 and 50 shareholders. Company Director Details – The director can be of any nationality and does not have to be a Chilean resident. Chile Registered Office Address – Your company in Chile must have a registered address.  Memorandum of Association and Articles of Association – This document sets up the company in Chile and needs to be presented before the Conservador de Comercio. Now, let’s look at what you need to do to actually form your company in Chile! How Do I Form a Company in Chile? There are a couple of steps to...

Corporate Lawyer: The Steps to Form a Legal Entity in Brazil

Corporate Lawyer: The Steps to Form a Legal Entity in Brazil

Starting a business in Brazil is a lengthy process with many different components to consider. Untangling all of those knots in your business plans starts right here with the 7 steps you should take to create your business startup in Brazil. Check them out below. 1. Forming a Legal Entity in Brazil - Research and Prepare Documents Researching what documents you will need for company formation in Brazil is the foundation for setting up your business. Consider this list of must-do’s when you are starting your planning! Ensure that your potential company name is not already in use Discover if special authorization is needed in order to perform business activities All documents, Brazilian and foreign, are in Portuguese Foreign documents are translated and registered with a Deeds and Documents Registry Office 2. Choose your Company Structure Decide which company structure is best for your business and its activities. A Sociedade Limitada, LTDA (limited liability company) is the most common business structure in Brazil. Currently, the only other option is a Sociedade por Ações, SA. 3. Legally Register the Business in Brazil The business and the shareholder(s) must be registered with government institutions in the country of origin and Brazil. Company registration is required in Brazil at the federal, state, and municipal levels. After this step is completed, the business is recorded in the country’s governmental public records. 4. Open a Bank Account in Brazil In order to operate as an autonomous business, a commercial bank account in Brazil is needed. It is also a prerequisite...

Pin It on Pinterest