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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Old buildings encouraging the idea of buying property in Guatemala

Advantages of Doing Business in Guatemala

Guatemala has experienced significant growth over recent years, turning it into one of the most competitive markets in Central America and a popular destination for investment in the sub-region. Find out about the advantages of doing business in Guatemala. Annual economic growth has only dropped below 2.5 percent on one occasion since 2000, according to …

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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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3 people sitting at a boardroom table

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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