6 LatAm Offices Report Changes in March 2022

6 LatAm Offices Report Changes in March 2022

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The authorized and accounting groups at Biz Latin Hub’s places of work in Bolivia, Chile, Colombia, Costa Rica, El Salvador and Uruguay documented the following regulatory updates in March 2022 that could have an effect on your company passions.

At Biz Latin Hub our multilingual teams of corporate support professionals based mostly all over Latin The united states and the Caribbean give customized offers of built-in back again-workplace expert services, together with authorized, accounting, and recruitment, among the other answers to assist companies and buyers doing company in the region.

If you are intrigued in doing enterprise in Latin America and would like to learn much more about how we can assistance you bridge cultural and linguistic limitations when entering the location, as perfectly as assist ongoing functions, make contact with us right now.

Bolivia

The Bolivian federal government and its establishments released one particular noteworthy regulatory update recently:

Regulatory action Results for small business
Decree Supreme N° 4596

Printed: February 1st, 2022
New Plurinational Professional Registry Provider (SEPREC) commences routines as of April 1, replacing Fundempresa.

Chile

The Chilean government and its establishments introduced one notable regulatory update in March:

Regulatory exercise Results for enterprise
Legislation 21.431

Printed: March 11th, 2022
Updates the Labor Codex extending its security and get to to staff from “digital companies platforms” (Applications).

Colombia

The Colombian authorities and its institutions launched a person notable regulatory update in March:

Regulatory activity Outcomes for organization
Resolution 37, DIAN
Revealed: March 17th, 2022
“Whereby articles 4, 10 and 13 of Resolution 164 of 2021 (Helpful owner) of the DIAN are amended.”

Changes built:
1. International authorized entities whose whole expenditure in Colombia is not created in legal entities, long term establishments and/or constructions without having lawful personality should declare their effective owner.
2. The term to declare the RUB variations: The phrase will be from September 30 to December 31, 2022.

Costa Rica

The Costa Rican government and its establishments introduced a single noteworthy regulatory update in March:

Regulatory activity Results for enterprise
Law No. 10.113

Revealed: March 2nd, 2022

The legislation seeks to control and permit accessibility to and use of hashish and its derivatives completely for medicinal and therapeutic use and authorizes the production, industrialization and commercialization of hemp for industrial and foods use.

El Salvador

The Salvadoran federal government and its institutions introduced one particular noteworthy regulatory update in March:

Regulatory action Results for enterprise
Emergency regime decree, successful for 30 days

Released: March 27th, 2022

Though the emergency regime does not immediately have an effect on organizations, they have been indirectly impacted as overseas buyers see the stability disaster in El Salvador as a possibility.

Uruguay

The Uruguayan govt and its establishments released one noteworthy regulatory update in March:

Regulatory activity Results for organization
Decree No. 86/022

Published: March 17th, 2022

REGULATION OF Law 19.978 Relating to TELEWORKING
A law was made in Uruguay to regulate some principles linked to teleworking.

Biz Latin Hub can support you accomplishing enterprise in Latin The usa

At Biz Latin Hub, our multilingual company formation, recruitment, accounting, and lawful gurus are completely ready to aid you carrying out company in Latin The united states and the Caribbean. Our extensive portfolio of current market entry and back again-business providers suggests our consumers operate risk-free in the knowledge they have all industrial bases included and are absolutely compliant with current laws and regulatory prerequisites.

Get hold of us now to discover more about how we can support you carrying out organization.

Or learn more about the teams of professionals we have enabling commercial growth across Latin America.

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