The legal and accounting teams at Biz Latin Hub’s offices in Bolivia, Chile, Colombia, Costa Rica, El Salvador and Uruguay described the subsequent regulatory updates in March 2022 that could influence your small business passions.

At Biz Latin Hub our multilingual teams of company guidance professionals primarily based all over Latin America and the Caribbean present customized packages of integrated again-office environment companies, like legal, accounting, and recruitment, among the other answers to help firms and buyers undertaking company in the area.

If you are interested in doing company in Latin America and would like to study far more about how we can enable you bridge cultural and linguistic limitations when getting into the location, as very well as help ongoing operations, get in touch with us currently.

Bolivia

The Bolivian governing administration and its establishments released a person notable regulatory update recently:

Regulatory exercise Outcomes for business
Decree Supreme N° 4596

Posted: February 1st, 2022
New Plurinational Business Registry Assistance (SEPREC) starts functions as of April 1, changing Fundempresa.

Chile

The Chilean government and its institutions launched a single notable regulatory update in March:

Regulatory activity Results for business
Law 21.431

Posted: March 11th, 2022
Updates the Labor Codex extending its defense and arrive at to staff from “digital expert services platforms” (Apps).

Colombia

The Colombian government and its establishments released one noteworthy regulatory update in March:

Regulatory action Outcomes for small business
Resolution 37, DIAN
Revealed: March 17th, 2022
“Whereby article content 4, 10 and 13 of Resolution 164 of 2021 (Useful operator) of the DIAN are amended.”

Modifications made:
1. International lawful entities whose total financial investment in Colombia is not made in lawful entities, long-lasting institutions and/or constructions without lawful identity must declare their effective proprietor.
2. The expression to declare the RUB adjustments: The term will be from September 30 to December 31, 2022.

Costa Rica

The Costa Rican government and its establishments released 1 noteworthy regulatory update in March:

Regulatory activity Results for organization
Regulation No. 10.113

Published: March 2nd, 2022

The law seeks to control and enable entry to and use of cannabis and its derivatives solely for medicinal and therapeutic use and authorizes the manufacturing, industrialization and commercialization of hemp for industrial and foodstuff use.

El Salvador

The Salvadoran federal government and its establishments released one noteworthy regulatory update in March:

Regulatory activity Outcomes for organization
Unexpected emergency routine decree, effective for 30 days

Published: March 27th, 2022

Whilst the crisis routine does not right impact firms, they have been indirectly affected as foreign buyers see the safety disaster in El Salvador as a threat.

Uruguay

The Uruguayan government and its institutions launched a person noteworthy regulatory update in March:

Regulatory activity Results for organization
Decree No. 86/022

Released: March 17th, 2022

REGULATION OF Regulation 19.978 About TELEWORKING
A regulation was established in Uruguay to regulate some ideas relevant to teleworking.

Biz Latin Hub can assist you doing enterprise in Latin The us

At Biz Latin Hub, our multilingual company formation, recruitment, accounting, and lawful industry experts are all set to aid you executing business enterprise in Latin The united states and the Caribbean. Our comprehensive portfolio of industry entry and back-workplace expert services suggests our customers function secure in the awareness they have all industrial bases covered and are totally compliant with present-day legislation and regulatory demands.

Make contact with us now to find out much more about how we can guide you executing company.

Or discover extra about the teams of professionals we have enabling business expansion across Latin The us.

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