Category Archives: Guatemala

The reality of adjustments for wage discrepancies determined by the IGSS

It is well known that, as part of the exercise of its functions established in article 50 of its Organic Law, the IGSS, through employer auditors, has conducted reviews of the accounting records of the employers, under the presumption that the employer incorrectly reported the salaries earned by its employees. With these accounting reviews, even…

How to Protect Company Real Estate Ownership Rights in Guatemala

The business environment offers a wide range of opportunities and benefits. However, it also presents risks, especially for real estate holdings. Despite the many associated benefits of owning real estate, companies may find that their properties are targets for fraud and scams.  The business environment offers a wide range of opportunities and benefits. However, it…

Corporate Shield: Protect Your Share Participation and your Society in Guatemala.

The corporate environment is complex, and shareholdings are one of a company’s most sensitive areas. Unfortunately, many entrepreneurs are unaware of legal risks that could undermine their corporate structure. One of these dangers, unfortunately on the rise, is the theft of shareholdings through falsified documents. In many cases, this fraudulent act can have devastating consequences…

The Challenge of Port Investment in Guatemala: The Need for Legal Certainty

The port infrastructure of a country is undoubtedly one of the pillars that sustains and enhances its economy. In this context, Guatemala, with its strategic geographical position, has extensive potential to consolidate itself as an important international trade center. However, in recent years, we have faced a reality that contrasts with this vision: an evident…

Relocation of employees and expatriates to Guatemala: questions and answers for multinational companies

For multinational corporations eyeing expansion into the vibrant landscape of Central America, the transfer of employees and expatriates to Guatemala is an integral step. Yet, this process isn’t without its complexities, as it navigates through a maze of immigration regulations and requisites. In this comprehensive blog post, we aim to provide clarity and insight by…

CABEI issues public tender for the Feasibility Study and Final Design for the Integrated Solid Waste Management System of Guatemala City.

On August 17, 2023, CABEI issued public tender notice number 038/2023, entitled “Preparation of the Feasibility Study and Final Design for the Integrated Solid Waste Management System of Guatemala City.” Purpose of the public tender: CABEI requires hiring a specialized company to prepare the Feasibility Study and Final Design for the Integrated Solid Waste Management…

Competitive Procurement Opportunities by UNDP for National and International Companies

UNDP offers national or international companies opportunities for competitive procurement of a technical analysis of the Motagua River and, in addition, an analysis of the classification system of the Judicial Branch. The first seeks to identify and address the water contamination of one of the country’s most important rivers. The second one pursues a system…

Jorge Arenales joins BLP, bolstering the Firm’s expertise in Corporate, Transaction and Finance matters

We are thrilled to announce the incorporation of esteemed legal professional Jorge Arenales as a new partner. With a remarkable background in corporate and finance matters, Arenales brings a wealth of experience and an outstanding reputation to our firm. Arenales has demonstrated his exceptional legal skills throughout his career. Prior to joining BLP, he served…

The importance of franchises to do business in Guatemala

https://blplegal.com/blp-web-2021/wp-content/uploads/2023/05/La-importancia-de-las-franquicias-para-hacer-negocios-en-Guatemala_FOTO-.png Jeaneth Divas Senior Associate Guatemala [email protected] Legal framework of the Franchise Agreement in Guatemala Franchising is a result of commercial expansion around the world; it is a way by which a merchant/entrepreneur who already has an established, proven, and successful business model in the marketing of its products and services under an identifying trade…