Why Guatemala?
Guatemala has wide cultural diversity, beautiful landscapes and a highly-developed capital city, and so attracts a wide range of investment in diverse industries. In fact, UNCTAD’s World Investment Report 2013 ranked Guatemala among the best 20 countries with high rates of return on FDI.
It has 360 different microclimates, making agriculture a big drawcard – but that’s not all. Forestry, mining, energy and oil, tourism, garments and textiles and light manufacturing all perform strongly in the country.
Plus, Guatemala has been ranked as one of the 10 happiest and most positive countries in the world. What more could you ask for?
Our core services
TMF Guatemala is home to experts assisting local and international clients to set-up and grow their businesses in the country. We provide financial, legal, HR and payroll services across the country; we can get you set up, provide a single point of contact and take care of those non-core elements that keep your business moving, allowing you to focus on your core business.
TMF Group helps companies looking to expand their operations in Guatemala with:
- Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
- Consultancy solutions: A flexible service allowing companies to deal with complexities created by expansion into new countries or growth in existing overseas locations.
- Governance services: We help you stay compliant, manage your risk and regulatory obligations, including your local legal requirements for Common Reporting Standard (CRS), Foreign Account Tax Compliance Act (FATCA), Know Your Customer (KYC), CbCr notification, Master File / Local File and Ultimate Beneficial Owner (UBO) register.
- HR and Payroll services We help you to apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.
- International Corporate Structuring: We manage the legal set-up and structuring of new or existing operations.
- International Entity Healthchecks: We are able to provide official details about your company’s structure, assess the compliance situation and recommend the next steps that should be taken to remediate any discrepancies found.
Understanding the complexities of local laws, regulations, processes and requirements is at the heart of what we do. Our wholly-owned and independent offices across the globe can help launch your entry into the Guatemalan market, ensuring you reduce risk and simplify operations.
Get in touch with our team to discuss how to grow your business in Guatemala.
*Availability of our global portfolio is country dependent.