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Why Outsource Corporate Secretarial Services in Bolivia?

Why Outsource Corporate Secretarial Services in Bolivia?

Find out what corporate secretarial services in Bolivia are available to your business from third-party providers, and how they can relieve pressures on your expanding commercial activities. One of the most important things to take into consideration when doing business in Bolivia is to ensure your company stays compliant with local corporate obligations at all times. These services will help companies to develop their activities without legal hurdles.  Any company needs the best legal, accounting and financial advice, in order to fulfil all requirements before regulatory entities on time. Being a constant support to manage companies’ compliance, corporate secretarial services will help a company in Bolivia to avoid penalties.  What are the available corporate secretarial services in Bolivia? One of the most important corporate secretarial service in Bolivia is the analysis of all company documents. Legal and financial audit One of the most important corporate secretarial service in Bolivia is the analysis of all company documents; a legal and financial audit will detect any problems in the company’s compliance with its annual obligations. Once the audit is completed, a legal report will determine if the company’s compliance is faultless. If the audit detects some pending obligations actions can be taken immediately to avoid any kinds of penalties from public entities, such as the Bolivian Tax Office. Payroll and personal Each month, the Ministry of Labor and social security demand a payroll declaration. Having corporate secretarial services in Bolivia for your...

Biz Latin Hub Expands: Leading Market Entry and Back-Office Services in Guatemala

Biz Latin Hub Expands: Leading Market Entry and Back-Office Services in Guatemala

Biz Latin Hub is now offering multilingual and multidisciplinary market entry and back-office services in Guatemala. Guatemala has demonstrated consistently positive GDP growth since 2009, and serves as a strategic hub for businesses operating across the Americas. Growth in certain Central American economies in recent years has attracted a number of foreign companies to the region, especially those interested in manufacturing, technology, and establishing trade channels to both Northern and Southern markets. Within the region, Guatemala has demonstrated consistently positive GDP growth since 2009, and serves as a strategic hub for businesses operating across the Americas. In December 2019, the Global Entrepreneurship Monitor identified Guatemala as a country with high entrepreneurial spirit and Established Business Ownership. Biz Latin Hub’s Managing Director, Craig Dempsey, says, “as a market leader for end-to-end market entry and back-office services in Latin America, we couldn’t overlook the potential for international business community in this entrepreneurial nation.” “Guatemala is a top economic performer in Central America, and offers a number of incentives to help businesses thrive. We are excited to be able to support our clients entering this emerging market.” Explore our full range of market entry and back-office services in Guatemala Founded in Colombia in 2014, Biz Latin Hub now operates across 16 countries in Latin America and the South Pacific. With our team of legal, accounting, payroll and trade specialists, we can offer end-to-end support for foreign...

Expand Your Business with a Secretarial Services Provider in Ecuador

Expand Your Business with a Secretarial Services Provider in Ecuador

Engaging with a secretarial services provider in Ecuador is a crucial step for multinationals expanding to the Andean country.  Although economic growth was slow last year, the ambitious tax and tariff reforms implemented in 2019 contributed to better management of the country's fiscal budget, which is key for Ecuador. In addition, the World Bank estimates an economic growth recovery for 2020. Entrepreneurs operating in or seeking to expand to Ecuador must engage with a professional secretarial services provider to guarantee full fiscal and legal compliance. In this article, we list crucial competencies that you should look for in a secretarial services provider in Ecuador for your expansion. You secretarial services provider in Ecuador must offer bookkeeping services Bookkeeping is the process of recording your business’ financial transactions on a daily basis. It’s the backbone for creating your business’ financial statements.  Making sure your financial statements are accurate is crucial, as they will be filed before the Internal Revenue Service of Ecuador (Servicio de Rentas Internas del Ecuador, SRI). Your secretarial service provider in Ecuador will guarantee that your business is compliant with all tax regulations while managing them efficiently.  In Ecuador, businesses must file monthly and annual taxes to SRI. Tax obligations vary per industry, but the general tax obligations include your business’s value-added tax (VAT), different withholding taxes and income tax. Payroll processing A key service that your secretarial services provider in Ecuador...

Corporate Secretarial Services and Legal Compliance in Peru

Corporate Secretarial Services and Legal Compliance in Peru

Peru has been the most constant economy in Latin America, not only in GDP terms but also through the augmentation of foreign investment. Private investments in the most important Peruvian sector, the mining industry, will increase and consolidate the GDP in the years to come. In addition, there will be a larger number of public investments to strengthen the infrastructure in preparation for the Pan-American Games. Not surprisingly, the World Bank Group estimates a 3.82% annual GDP growth by 2020, overtaking Bolivia and making it the 2nd fastest growing economy in South America, closely behind Paraguay. This economic data and the drive by the Peruvian government to increase foreign investment gives every reason for foreigners to set up a business in Peru and continue to support the positive economic growth in Peru.  The foundation for the setup of a successful Peruvian business is vital, but several additional legal requirements before, during and after the incorporation process must be fulfilled. The key in respecting the legal business regulations can be through the co-operation with a local partner, who is able to take off the administrative burden and guide you through all relevant local law and regulation.  In this article, we will break down the most important legal requirements that must be met by businesses conducting commercial activity in Peru and how a specialized local partner can assist you to stay in good standing with local Peruvian authorities.  Corporate Secretarial Services in Peru - Local Business Legislations The process of setting up a company in Peru...

Corporate Secretarial Services Latin America?

Corporate Secretarial Services Latin America?

Latin America can be a somewhat complicated region for multinational companies in regards to compliance with corporate regulations, state legislation and bureaucratic obstacles. Companies seeking to invest and operate in Latin America face substantial amounts of administrative processes that can impact on time, money and resources. This impact is multiplied by the need to comply with laws that are often difficult to interpret and are applied inconsistently.  Keep reading to learn how a local partner can ensure you comply with local and international legislative requirements through the provision of professional corporate secretarial services.  Corporate Secretarial Services - What are the Advantages of Doing Business in Latin America? Latin America has important assets for their commercial relations with the world, such as improvements in their macroeconomic indicators, reduction in poverty and unemployment, having a large and diverse pool of natural resources, increasingly educated population and a high number of Regional Trade Agreements (RTA'S). The strategic global importance of the region is growing. At the same time, Latin America remains a region of diverse opportunities. Most countries in the region today have a reliable democracy, with most of them having a responsible management of macroeconomic, monetary and fiscal policies. There has been sustained economic growth over the past decade with the region showing economic stability and recovery capacity (proven post the 2007-2008 Global Financial Crisis).  In addition, Latin America has 15% of the world's oil...

Why Outsource your Corporate Secretarial Services in Colombia?

Why Outsource your Corporate Secretarial Services in Colombia?

From the incorporation of a new company/branch, the ongoing compliance with local and international legislation requirements, to the restructuring of your global businesses, it is of vital importance that you have a local Colombia partner to assist in ensuring the good standing of all your legal entities in accordance with local and international legislation. Outsource: Challenges of Corporate Entity Compliance in Colombia? The introduction of International Financial Reports Standards in Colombia and new local regulation and ongoing changes in the legal environment brought about an unprecedented need for companies to implement rigorous internal controls and ensure effective management of legal entities on a global and local basis. This has become one of the major challenges facing multinational corporations. Country Managers must know and understand the changing of legislative requirements governing the administration of their company and keeping up to date.  Setting up operations in a new country such as Colombia is a big challenge in regards to learning 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 of vital importance to work with a trusted local partner to ensure that your company meets all local and international requirements.  Biz Latin Hub has a team of legal experts that have extensive experience in corporate housekeeping, contract management and drafting shareholder and board resolutions. With our...

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