December 5, 2022

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5 LatAm offices report changes in June 2022

The authorized and accounting teams at Biz Latin Hub’s workplaces in Chile, Colombia, Costa Rica, Paraguay and Peru reported the following regulatory updates in June 2022 that could affect your enterprise interests.

At Biz Latin Hub our multilingual teams of corporate assist specialists primarily based throughout Latin The us and the Caribbean present customized deals of built-in back-business services, like legal, accounting, and recruitment, amongst other methods to guide organizations and traders undertaking business in the region.

If you are interested in doing business enterprise in Latin America and would like to learn extra about how we can assistance you bridge cultural and linguistic limitations when moving into the region, as nicely as assistance ongoing functions, speak to us right now.


The Chilean authorities and its establishments introduced 1 noteworthy regulatory update in June:

Regulatory exercise Outcomes for organization
Law 21.465

Printed: 14.06.2022

The limit of the gas selling price stabilization system designed by regulation no. 20,765 is greater and the weekly adjustment threshold is up to date.


The Colombian governing administration and its establishments released just one notable regulatory update in June:

Regulatory action Results for business enterprise
Legislation 2213 of 2022

Posted: 13.06.2022

Technological steps are adopted to strengthen judicial methods in Colombia.

Costa Rica

The Costa Rican federal government and its establishments released one noteworthy regulatory update in June:

Regulatory action Outcomes for business
Decree that permits for the homologation of sanitary registrations for medications

Published: 22.06.2022

The Ministry of Wellbeing signed a decree to homologate sanitary registries of medicines granted by the regulatory authorities that are customers of the Worldwide Council for Harmonization.


The Paraguayan federal government and its institutions introduced 1 notable regulatory update in June:

Regulatory action Results for business
Conasam: 11.4% minimal wage readjustment

Revealed: 13.06.2022

The Central Bank had informed the agency that the variation in the Shopper Rate Index (CPI) in the period June 2021 to May 2022 was 11.4%. The present minimum wage of 2,289,324 and in accordance to the readjustment request will go to 2,550,307 guaraníes as of July 1.


The Peruvian authorities and its institutions launched a single notable regulatory update in June:

Regulatory action Results for business
Legislation 31501

Released: 10.06.2022

Modifies the Penal Code in order to improve the battle towards the crimes of Fraudulent Administration, Parallel Accounting and Transnational Bribery.

Biz Latin Hub can help you and your business enterprise in Latin The us

At Biz Latin Hub, we have a multilingual staff for authorized, accounting, recruitment and enterprise development expert services, ready and ready to aid your organization endeavours in the Caribbean and Latin The united states. Our broad array of services make it possible for our purchasers to do enterprise with the peace-of-mind that they have checked all the industrial containers, and that they are compliant with all the related legislative and regulatory criteria.

To master far more about how we can guide you in executing enterprise in Latin The usa, make contact with us.

Also, you can understand a lot more about our workforce of specialists and how they are enabling professional progress throughout Latin The united states.

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