doing business in Guatemala

Buying Property in Guatemala: a How To Guide

If you are considering starting business in Guatemala, buying property rather than renting is something you will want to consider. Because with local regulations allowing foreign investors to purchase, maintain, and sell real estate with almost no restrictions, buying a property in Guatemala can be a good investment. Guatemala’s gross domestic product (GDP) has experienced almost …

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When Do You Need a Legal Representative in Guatemala?

When incorporating a company in Guatemala, it is mandatory to appoint someone as a legal representative. That person will be a principal local point of contact, representing the company to Guatemalan authorities and taking responsibility for overseeing every aspect of the legal and regulatory processes related to launching the business. Guatemala is one of the …

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What Should Companies Know About Guatemala’s Labor Code?

Understanding Guatemala’s Labor Code is essential when looking to expand in the country and hire local staff. The Central American country has experienced progressive economic stability in the last 4 years, with economic growth of 3.1% in 2019. Currently, Guatemala is considered one of the largest economies in Central America with a promising outlook for foreign investment. …

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