Business accounting is a fundamental element for the success of any company, both in Peru and anywhere in the world,...
Author: DBadia
EU and CELAC agreed to promote cooperation and investment agenda
On September 15 of this year, in Santiago de Compostela, the historic meeting between the Ministers of Economy and Finance...
Any gain obtained by selling cryptocurrencies is considered taxable income in Chile
Cryptocurrencies refer to digital or virtual assets backed by a unique digital registration system known as blockchain. These are decentralized and not controlled...
Certificate of Compliance with Labor and Social Security Obligations will be obtained online
As of August 30, the Certificate of Compliance with Labor and Social Security Obligations (F-30-1) must be done exclusively through the digital...
The critical points of the law against economic crime and environmental offenses
The new law on economic and environmental crimes (Ley 21595), which came into force on 17 August this year, establishes...
In 2022, Chile was Latin America’s third-largest recipient of FDI
The latest Foreign Direct Investment (FDI) report was published last Monday by the Economic Commission for Latin America and the Caribbean (ECLAC). According...
Peru establishes prison sentences for non-payment of social security contributions
On July 8, 2023, Law 31823 was enacted and entered into force, which amends Article 190 of the Criminal Code,...
European Union announces investment of 45 billion euros in Latin America
The European Union and CELAC (Community of Latin American and Caribbean States) met this week in Brussels to analyze investment...
Opportunities for foreign investors in Mexico
A privileged geographical position—bioceanic, bordering the United States—and a vast network of commercial treaties make Mexico an attractive country for...
European Union and Chile update trade association agreement
After five years of negotiations to modernize the trade agreement that governs their bilateral relations, the European Union (EU) and...
Mexico updates income tax rates for 2023
The Tax Administration Service (SAT), the highest tax authority responsible for collecting taxes in Mexico, published on December 27 of...
Chile: Financial support and rescheduling of tax debts for the benefit of MSMEs
The new FOGAPE Chile Apoya, approved by Congress and ready for enactment, is an initiative promoted by the Chilean Ministry...
What corporate options exist in Brazil?
Deciding to open a business involves making many decisions, and one of the main ones is to define the type...
Argentina creates a law to promote investment in the automotive industry
Law 27686, enacted by Congress in September 2022, seeks to deepen the growth of Argentina’s automotive industry. To this end,...
Tax Incentives of 60% plus 5% of the Project for Investors in the Tourism Industry of Panama.
The tax credit can be transferred in its total amount or the undrawn portion, not being necessary to sell or...
Costa Rica attracts new investments with law that promotes competitiveness
The legal initiative establishes a series of benefits for companies that make new investments in Costa Rica outside the Greater...
Colombia-UK Trade Agreement Entered Into Force
On June 28, the trade agreement between the United Kingdom and Colombia became effective. Negotiations concluded in 2019 after the...
Latin America experiences a significant boost in M&A deals
Mergers and Acquisitions (M&A) transactions, after a difficult 2020 due to the decline in activity as a result of the...
Panama creates Special Economic Area and the Multipurpose Port Terminal of Aguadulce
Following its publication on June 1 in La Gaceta Digital Oficial, the law creating the Aguadulce Special Economic Area and...
Crypto-asset regulation in Latin America
There is a growing acceptance of cryptocurrencies. Currently, 3.9% of the world’s population uses them and this means that about...
Colombia: Consumption tax returns from January 1st
In December 2020, the Colombian government adopted a series of measures to help different sectors affected by the coronavirus pandemic....
Peru: Companies with losses may deduct more interest from income tax
Peru’s Ministry of Economy and Finance (MEF) issued a new decree establishing that companies with net losses may discount more...
Chile: New minimum wage from January 1, 2022
As of January 1, this year, the minimum wage for workers (18 to 65 years old) increased from $337.000 CLP...
Latin America joins global corporate minimum tax initiative
The proposal made by the G20 countries at the recent G20 summit in Rome, seeks to level the tax collection...
Uruguay: Health and Safety Services must be mandatory in companies
According to Decree 127/014 (and amendments) companies in Uruguay must have a Health and Safety Service in the workplace. This...