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Trust our local team of legal experts to help you understand the types of legal entities and guide you through the complete company formation and corporate bank account opening process.</p> </div></div></div> <div class="gb-grid-column gb-grid-column-1128876e"><div class="gb-container gb-container-1128876e"><div class="gb-inside-container"> <div class="gb-grid-wrapper gb-grid-wrapper-7aa40d92"> <div class="gb-grid-column gb-grid-column-827ee5be"><a class="gb-container gb-container-827ee5be" href="#company-incorporation" rel="nofollow"><div class="gb-inside-container"> <div class="gb-headline gb-headline-75e7ef43"><span class="gb-icon"><svg viewBox="0 0 512 512" xml:space="preserve" xmlns="http://www.w3.org/2000/svg"><path class="st0" d="M364 478c-4 0-7-4-7-8V78l-93-39-77 31v400c0 4-4 8-8 8s-7-4-7-8V65c0-3 2-6 4-7l86-34h5l100 43c3 1 5 3 5 6v397c0 4-4 8-8 8z"></path><path class="st0" d="M264 478c-4 0-7-4-7-8V31c0-4 3-7 7-7s8 3 8 7v439c0 4-3 8-8 8zm218 0c-4 0-7-4-7-8V238l-71-42h-40c-4 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7zm34 47c-4 0-8-3-8-7v-14c0-4 4-7 8-7s7 3 7 7v14c0 4-3 7-7 7zm-34 9c-4 0-7-4-7-8v-14c0-4 3-7 7-7s8 3 8 7v14c0 4-4 8-8 8zm84-349c-4 0-7-3-7-7V75c0-4 3-7 7-7s7 3 7 7v14c0 4-3 7-7 7zm25 10c-4 0-7-4-7-8V84c0-4 3-7 7-7s7 3 7 7v14c0 4-3 8-7 8zm25 9c-4 0-8-3-8-7V94c0-4 3-8 7-8 5 0 8 4 8 8v14c0 4-3 7-7 7zm-50 37c-4 0-7-4-7-8v-14c0-4 3-7 7-7s7 3 7 7v14c0 4-3 8-7 8zm25 9c-4 0-7-3-7-7v-14c0-5 3-8 7-8s7 3 7 8v13c0 5-3 8-7 8zm25 9c-4 0-8-3-8-7v-14c0-4 3-7 7-7 5 0 8 3 8 7v14c0 4-3 7-7 7zm-50 37c-4 0-7-3-7-8v-14c0-4 3-7 7-7s7 3 7 7v14c0 5-3 8-7 8zm25 9c-4 0-7-3-7-7v-14c0-4 3-8 7-8s7 4 7 8v14c0 4-3 7-7 7zm25 10c-4 0-8-4-8-8v-14c0-4 3-7 7-7 5 0 8 3 8 7v14c0 4-3 8-7 8zm-50 36c-4 0-7-3-7-7v-14c0-4 3-8 7-8s7 4 7 8v14c0 4-3 7-7 7zm25 10c-4 0-7-4-7-8v-14c0-4 3-7 7-7s7 3 7 7v14c0 4-3 8-7 8zm25 9c-4 0-8-3-8-8v-13c0-4 3-8 7-8 5 0 8 4 8 8v14c0 4-3 7-7 7zm-50 36c-4 0-7-3-7-7v-14c0-4 3-7 7-7s7 3 7 7v14c0 4-3 7-7 7zm25 10c-4 0-7-3-7-8v-13c0-5 3-8 7-8s7 3 7 8v13c0 5-3 8-7 8zm25 9c-4 0-8-3-8-7v-14c0-4 3-7 7-7 5 0 8 3 8 7v14c0 4-3 7-7 7zm-50 37c-4 0-7-4-7-8v-14c0-4 3-7 7-7s7 3 7 7v14c0 4-3 8-7 8zm25 9c-4 0-7-3-7-7v-14c0-4 3-8 7-8s7 4 7 8v14c0 4-3 7-7 7zm25 10c-4 0-8-4-8-8v-14c0-4 3-7 7-7 5 0 8 3 8 7v14c0 4-3 8-7 8zm-50 36c-4 0-7-3-7-7v-14c0-4 3-8 7-8s7 4 7 8v14c0 4-3 7-7 7zm25 9c-4 0-7-3-7-7v-14c0-4 3-7 7-7s7 3 7 7v14c0 4-3 7-7 7zm25 10c-4 0-8-3-8-8v-13c0-5 3-8 7-8 5 0 8 3 8 8v13c0 5-3 8-7 8zm92-194c-4 0-7-3-7-7v-8c0-4 3-7 7-7s7 3 7 7v8c0 4-3 7-7 7zm25 16c-4 0-8-4-8-8v-7c0-4 4-8 8-8s7 4 7 8v7c0 4-3 8-7 8zm-25 20c-4 0-7-3-7-7v-7c0-5 3-8 7-8s7 3 7 8v7c0 4-3 7-7 7zm25 16c-4 0-8-3-8-7v-8c0-4 4-7 8-7s7 3 7 7v8c0 4-3 7-7 7zm-25 21c-4 0-7-3-7-8v-7c0-4 3-7 7-7s7 3 7 7v8c0 4-3 7-7 7zm25 16c-4 0-8-4-8-8v-7c0-4 4-8 8-8s7 4 7 8v7c0 4-3 8-7 8zm-25 20c-4 0-7-3-7-7v-8c0-4 3-7 7-7s7 3 7 7v8c0 4-3 7-7 7zm25 16c-4 0-8-3-8-8v-7c0-4 4-7 8-7s7 3 7 7v8c0 4-3 7-7 7zm-25 21c-4 0-7-4-7-8v-7c0-4 3-7 7-7s7 3 7 7v7c0 4-3 8-7 8zm25 15c-4 0-8-3-8-7v-8c0-4 4-7 8-7s7 3 7 7v8c0 4-3 7-7 7zm-25 21c-4 0-7-3-7-7v-8c0-4 3-7 7-7s7 3 7 7v8c0 4-3 7-7 7zm25 16c-4 0-8-3-8-8v-7c0-4 4-7 8-7s7 3 7 7v7c0 4-3 8-7 8zm48 26H7c-4 0-7-3-7-7s3-7 7-7h497c4 0 8 3 8 7s-4 7-8 7z"></path></svg></span><span class="gb-headline-text">Company Incorporation</span></div> </div></a></div> <div class="gb-grid-column gb-grid-column-2d2900df"><a class="gb-container gb-container-2d2900df" href="#corporate-governance" rel="nofollow"><div class="gb-inside-container"> <div class="gb-headline gb-headline-bfbe61f7"><span class="gb-icon"><svg viewBox="0 0 512 512" xml:space="preserve" xmlns="http://www.w3.org/2000/svg"><path class="st0" d="M437.7 198.2c-38.2 0-69.7 29-73.8 66.1h-8.7a8.3 8.3 0 0 1-8.3-8.3V90.8c0-4.6 3.7-8.3 8.3-8.3h8.7a74.4 74.4 0 1 0 0-16.4h-8.7a24.8 24.8 0 0 0-24.8 24.8v74.3h-16.9c.1-2.7.4-5.5.4-8.3C313.8 70.4 243.4 0 156.9 0S0 70.4 0 156.9a157 157 0 0 0 123.9 153.3v28.3c0 3.3.7 6.4 1.8 9.2a24.7 24.7 0 0 0-18.3 23.8v90.8a49.5 49.5 0 0 0 99 0v-90.8c0-11.4-7.8-21-18.3-23.8a26 26 0 0 0 1.8-9.2v-28.3a157.1 157.1 0 0 0 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class="gb-headline-text">Corporate Governance</span></div> </div></a></div> <div class="gb-grid-column gb-grid-column-679f64cb"><a class="gb-container gb-container-679f64cb" href="#company-books" rel="nofollow"><div class="gb-inside-container"> <div class="gb-headline gb-headline-c9d8945b"><span class="gb-icon"><svg viewBox="0 0 512 512" xml:space="preserve" xmlns="http://www.w3.org/2000/svg"><path class="st0" d="M83 352c7 0 12-5 12-12V83c0-7-5-12-12-12H47c-7 0-12 5-12 12v257c0 7 5 12 12 12h36zM50 86h30v251H50V86zm148-15h-35c-7 0-13 5-13 12v257c0 7 6 12 13 12h35c7 0 13-5 13-12V83c0-7-6-12-13-12zm-2 266h-31V86h31v251zM313 71h-35c-7 0-13 5-13 12v257c0 7 6 12 13 12h35c7 0 13-5 13-12V83c0-7-6-12-13-12zm-2 266h-31V86h31v251z"></path><path class="st0" d="M500 327a7 7 0 0 0-15 2l4 44-100 8-29-331v-1c0-2 2-4 5-4l90-8c3 0 5 2 5 4l22 253a7 7 0 0 0 15-2L475 40c-1-11-10-19-21-18l-91 8-7 2c-4-4-9-7-15-7h-91c-5 0-9 2-12 4-3-2-8-4-12-4h-91c-5 0-9 2-12 4-4-2-8-4-12-4H20C9 25 0 34 0 45v60c0 4 3 8 8 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rel="nofollow"><div class="gb-inside-container"> <div class="gb-headline gb-headline-85881314"><span class="gb-icon"><svg viewBox="0 0 512 512" xml:space="preserve" xmlns="http://www.w3.org/2000/svg"><path class="st0" d="M241 379c-4-3-9-2-12 2l-1 1c-3 4-2 10 2 12a9 9 0 0 0 12-1l1-2c3-4 2-9-2-12z"></path><path class="st0" d="m244 461-23-40 21-29c3-4 2-9-2-12s-9-2-12 2l-24 33c-2 3-2 6-1 9l25 46a9 9 0 0 0 12 3c4-2 6-8 4-12zm64-46-24-33c-2-2-5-4-9-3-3 1-6 3-6 6-1 3 0 5 1 8l21 28-22 40-1 4a9 9 0 0 0 16 4l25-45c1-3 1-6-1-9zm14-136c-3-2-7-1-9 0l-14 12c-24 21-46 18-47 18h-1c-9 0-26-9-44-22-2-3-5-5-8-6a9 9 0 0 0-13 7v29c0 3 1 5 3 7l1 1 61 41 5 1 4-1h1v-1l61-40 1-1c2-2 3-4 3-7v-31c0-3-1-6-4-7zm-13 34-53 35-53-35v-8c13 9 32 21 47 21h1c5 0 31 2 58-22v9z"></path><path class="st0" d="M265 357c-1-3-4-6-7-7-3 0-7 1-9 4l-20 27c-3 4-2 9 2 12a9 9 0 0 0 12-2l20-27 2-5v-2zM388 78c0-1-4-30-32-42 1-5 1-12-2-18-5-9-13-14-26-17H210c-47 0-86 38-86 86v45c0 12 4 24 12 33 3 4 8 12 9 24 0 5 4 8 9 8 4 0 8-4 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class="st0" d="M262 496c-2-2-5-3-8-2-2 0-4 2-6 4-1 3-1 8 2 10 1 2 4 3 6 3l6-2v-1l2-2c2-3 1-8-2-10z"></path><path class="st0" d="m262 496-2-2-93-85 9-17v-9c-2-2-4-4-7-4h-23l23-46c2-3 1-6-1-9s-6-4-10-3L50 362c-20 7-35 25-38 46L0 474a32 32 0 0 0 32 37h224c4 0 7-2 8-5 1-4 1-7-2-10zm-230-2c-5 0-9-2-11-5-3-4-4-8-4-12l12-68c2-15 13-27 27-32l88-32-19 38v9c2 2 5 4 8 4h21l-5 11c-2 3-1 8 2 10l83 77H32z"></path><path class="st0" d="M286 390c0-3 0-5-2-8l-21-28c-2-3-6-5-10-3-2 0-3 2-4 3l-21 28-1 2c-1 2-1 6 1 8l9 13-10 59 1 6 20 36c2 3 5 5 8 5s6-2 8-5l20-37 1-4v-1l-10-59 9-13 2-2zm-30 94-11-20 9-60c1-2 0-4-1-6l-7-11 10-13 10 14-7 10c-1 2-2 4-1 6l9 60-11 20z"></path></svg></span><span class="gb-headline-text">Legal Representation</span></div> </div></a></div> <div class="gb-grid-column gb-grid-column-5003a7b1"><a class="gb-container gb-container-5003a7b1" href="#fiscal-domicile" rel="nofollow"><div class="gb-inside-container"> <div class="gb-headline gb-headline-aa0a558d"><span class="gb-icon"><svg viewBox="0 0 512 512" xml:space="preserve" xmlns="http://www.w3.org/2000/svg"><path class="st0" d="M340 42V8c0-5-4-8-8-8h-52c-4 0-7 3-7 8v15h-17C147 23 58 114 58 226c0 30 6 60 19 87 31 67 168 192 174 197 4 4 8 2 12-2 4-3 76-72 93-90 4-4 9-9 5-14-3-4-8-4-11-1-37 38-80 78-94 91A966 966 0 0 1 91 307c-12-26-18-53-18-81A186 186 0 0 1 273 38v17h-17c-5 0-8 4-8 8v18c-19 1-38 6-55 15-9 5-2 18 6 14 16-8 32-13 49-14v108h-20v-64c0-10-15-10-15 0v64h-16v-32c0-10-15-10-15 0v32h-26c-5 0-8 3-8 8v86a134 134 0 0 1 24-170c7-6-3-17-10-11-31 28-49 68-49 111 0 80 64 145 142 146h1c79 0 143-66 143-146 0-35-12-69-34-96h-1V74a190 190 0 0 1 58 233c-10 20-28 46-50 72-7 8 5 17 11 10 24-27 42-54 52-76a206 206 0 0 0-95-271zm-52-27h37v40h-37V15zM163 317v-98h85v140c-34-2-64-18-85-42zm100 42V70h86v248c-22 24-52 39-86 41zm121-131c0 25-7 49-20 70V157c13 21 20 46 20 71z"></path><path class="st0" d="M321 111h-30c-10 0-10 15 0 15h30c9 0 9-15 0-15zm0 58h-30c-10 0-10 15 0 15h30c9 0 9-15 0-15zm0 58h-30c-10 0-10 15 0 15h30c9 0 9-15 0-15zm0 59h-30c-10 0-10 15 0 15h30c9 0 9-15 0-15zm-133-44c-4 0-7 3-7 8v15c0 4 3 8 7 8s8-4 8-8v-15c0-4-4-8-8-8zm0 54c-4 0-7 4-7 8v15c0 4 3 8 7 8s8-4 8-8v-15c0-4-4-8-8-8zm33-54c-4 0-7 3-7 8v15c0 4 3 8 7 8s8-4 8-8v-15c0-4-4-8-8-8zm0 54c-4 0-7 4-7 8v15c0 4 3 8 7 8s8-4 8-8v-15c0-4-4-8-8-8z"></path></svg></span><span class="gb-headline-text">Fiscal Domicile</span></div> </div></a></div> <div class="gb-grid-column gb-grid-column-b3d5b82f"><a class="gb-container gb-container-b3d5b82f" href="#unique-tax-identifier" rel="nofollow"><div class="gb-inside-container"> <div class="gb-headline gb-headline-ede9cc1a"><span class="gb-icon"><svg viewBox="0 0 512 512" xml:space="preserve" xmlns="http://www.w3.org/2000/svg"><path class="st0" d="M401 34H299l15-20c3-4 2-9-2-12-3-3-9-2-12 1l-23 31h-41L221 5a9 9 0 0 0-15 7l11 22H111c-14 0-26 12-26 26v427c0 14 12 25 26 25h290c14 0 26-11 26-25V60c0-14-12-26-26-26zm9 452c0 5-4 9-9 9H111c-5 0-9-4-9-9V60c0-5 4-9 9-9h114l9 17a34 34 0 0 0 22 60 34 34 0 1 0-7-67l-5-10h157c5 0 9 4 9 9v426zM242 85l6 13a8 8 0 0 0 12 4c4-3 6-8 4-12l-7-13a17 17 0 1 1-15 8z"></path><path class="st0" d="M341 367H171a8 8 0 1 0 0 17h170a8 8 0 1 0 0-17zm0 43H171a8 8 0 1 0 0 17h170a8 8 0 1 0 0-17zm0 42H171a8 8 0 1 0 0 17h170a8 8 0 1 0 0-17zm0-307H171v205h170V145zm-85 26a43 43 0 1 1 0 85 43 43 0 0 1 0-85zm51 162H205v-9a51 51 0 0 1 102 0v9z"></path></svg></span><span class="gb-headline-text">Unique Tax Identifier</span></div> </div></a></div> </div> </div></div></div> <div class="gb-grid-column gb-grid-column-f656f71c"><div class="gb-container gb-container-f656f71c"><div class="gb-inside-container"> <figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper"> <div class="perfmatters-lazy-youtube" data-src="https://www.youtube.com/embed/gmoGPWeWMqM" data-id="gmoGPWeWMqM" data-query="feature=oembed" onclick="perfmattersLazyLoadYouTube(this);"><div><img src="https://i.ytimg.com/vi/gmoGPWeWMqM/maxresdefault.jpg" alt="YouTube video" width="1280" height="720" data-pin-nopin="true" nopin="nopin" class="no-lazy"><div class="play"></div></div></div><noscript><iframe title="The Statutory Company Requirements in Latin America" width="1290" height="726" src="https://www.youtube.com/embed/gmoGPWeWMqM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></noscript> </div></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-9b6bf5c8"><div class="gb-container gb-container-9b6bf5c8"><div class="gb-inside-container"> <div class="gb-headline gb-headline-626f403d gb-headline-text">Learn about the statutory requirements to form a company in Latin America and the requirements to maintain your company in good legal standing.</div> <div class="gb-headline gb-headline-1fde5abf gb-headline-text">Read our business essentials guide to forming a new company in Latin America.</div> <div class="gb-container gb-container-24ea871e"> <a class="gb-button gb-button-c9b6e52b" href="https://www.bizlatinhub.com/types-of-legal-structures-latin-america/" target="_blank" rel="nofollow noopener noreferrer"><span class="gb-button-text">Business Essentials Guide</span><span class="gb-icon"><svg aria-hidden="true" role="img" height="1em" width="1em" viewBox="0 0 256 512" xmlns="http://www.w3.org/2000/svg"><path fill="currentColor" d="M224.3 273l-136 136c-9.4 9.4-24.6 9.4-33.9 0l-22.6-22.6c-9.4-9.4-9.4-24.6 0-33.9l96.4-96.4-96.4-96.4c-9.4-9.4-9.4-24.6 0-33.9L54.3 103c9.4-9.4 24.6-9.4 33.9 0l136 136c9.5 9.4 9.5 24.6.1 34z"></path></svg></span></a> </div> </div></div></div> </div> </div> </section> <div class="gb-container gb-container-79d2f6f5 alignfull"> <div class="gb-container gb-container-03e79edd"> <div class="gb-container gb-container-3dd8a158 service-info-container" id="company-incorporation"> <div class="gb-container gb-container-ca9fbfbd home-svcs-title-container-1"> <h3 class="gb-headline gb-headline-0fb0a35e gb-headline-text home-svcs-title-1">Company Incorporation</h3> </div> <div class="gb-container gb-container-ab218684 home-svcs-text-container-1"> <div class="gb-headline gb-headline-2e9ce2d5 gb-headline-text home-svcs-text-1">Company incorporation is the legal process to form a company or corporate entity. A corporation is a legal vehicle that legally separates the company’s assets and its owners.</div> </div> </div> <div class="gb-container gb-container-27abf52a service-info-container" id="corporate-governance"> <div class="gb-container gb-container-088bd995 home-svcs-title-container-1"> <h3 class="gb-headline gb-headline-0c4b0ad4 gb-headline-text home-svcs-title-2">Corporate Governance</h3> </div> <div class="gb-container gb-container-34ddd193 svc-text home-svcs-text-container-1"> <div class="gb-headline gb-headline-18d7268e gb-headline-text home-svcs-text-2">Corporate governance is ensuring a company or corporate entity’s legal compliance and good standing. Compliance with local regulations and laws is critical to avoid fines or penalties.</div> </div> </div> <div class="gb-container gb-container-11b8daf5 service-info-container" id="company-books"> <div class="gb-container gb-container-59bbf51a home-svcs-title-container-1"> <h3 class="gb-headline gb-headline-f8fbfbad gb-headline-text home-svcs-title-1">Company Books</h3> </div> <div class="gb-container gb-container-f98d6a66 home-svcs-text-container-1"> <div class="gb-headline gb-headline-b894fd86 gb-headline-text home-svcs-text-1">Company books are the formal record of a legal entity’s history and constitution and must be regularly updated. Information includes ownership, administration, and corporate governance of the entity.</div> </div> </div> <div class="gb-container gb-container-329141f2 service-info-container" id="legal-representation"> <div class="gb-container gb-container-77ac38ec home-svcs-title-container-1"> <h3 class="gb-headline gb-headline-c302b956 gb-headline-text home-svcs-title-2">Legal Representation</h3> </div> <div class="gb-container gb-container-5f2ba771 home-svcs-text-container-1"> <div class="gb-headline gb-headline-43bec4dc gb-headline-text home-svcs-text-2">A Legal Representative is the legal face of a company and is the legal signatory for all company activities. They have the legal responsibility to ensure the good operation and standing of the company.</div> </div> </div> <div class="gb-container gb-container-6587a40c service-info-container" id="fiscal-domicile"> <div class="gb-container gb-container-ecd6d563 home-svcs-title-container-1"> <h3 class="gb-headline gb-headline-8eac16d6 gb-headline-text home-svcs-title-1">Fiscal Domicile</h3> </div> <div class="gb-container gb-container-69164112 home-svcs-text-container-1"> <div class="gb-headline gb-headline-dfe894c4 gb-headline-text home-svcs-text-1">The fiscal domicile is the legal address of a company. This address is disclosed on the public record and is used for all official governmental and legal correspondence.</div> </div> </div> <div class="gb-container gb-container-2bd21825 service-info-container" id="unique-tax-identifier"> <div class="gb-container gb-container-765809d6 home-svcs-title-container-1"> <h3 class="gb-headline gb-headline-a7ca905c gb-headline-text home-svcs-title-2">Unique Tax Identifier</h3> </div> <div class="gb-container gb-container-8b23353c home-svcs-text-container-1"> <div class="gb-headline gb-headline-ac9e9057 gb-headline-text home-svcs-text-2">The unique tax identification number is a number assigned to a company so it can be identified by governmental entities for taxation and other legal purposes.</div> </div> </div> </div> </div> <div class="gb-container gb-container-a8faf2ee alignfull"> <div class="gb-container gb-container-8060b80b"> <h2 class="gb-headline gb-headline-39b2bafb gb-headline-text gb-headline-h2-services">our clients on Company Formation services</h2> <p class="gb-headline gb-headline-70bf34ec"><span class="gb-icon"><svg viewBox="0 0 24 24" height="24" width="24" xmlns="http://www.w3.org/2000/svg"><path d="M13 14.725c0-5.141 3.892-10.519 10-11.725l.984 2.126c-2.215.835-4.163 3.742-4.38 5.746 2.491.392 4.396 2.547 4.396 5.149 0 3.182-2.584 4.979-5.199 4.979-3.015 0-5.801-2.305-5.801-6.275zm-13 0c0-5.141 3.892-10.519 10-11.725l.984 2.126c-2.215.835-4.163 3.742-4.38 5.746 2.491.392 4.396 2.547 4.396 5.149 0 3.182-2.584 4.979-5.199 4.979-3.015 0-5.801-2.305-5.801-6.275z"></path></svg></span><span class="gb-headline-text">Biz Latin Hub is a legal and accounting services firm rapidly gaining ground in the fast-evolving markets of Latin America. This has been possible thanks to the clarity of its objectives and its willingness to deliver sustained leadership. With an increased presence in small and big markets, Biz Latin Hub is developing formulas for pursuing appropriate segments, while at the same time creating new business opportunities and synergies. This is great news for companies interested in doing business and/or incorporating a legal entity within the region.</span></p> <p class="gb-headline gb-headline-0fdcf55b gb-headline-text">–<strong> Jairo Hernandez, Ambassador of Costa Rica to the Commonwealth of Australia</strong></p> </div> </div> <div class="gb-container gb-container-e7d81fe1 alignfull"> <div class="gb-container gb-container-d2e9ef50"> <figure class="gb-block-image gb-block-image-26e87e82"><img decoding="async" width="1320" height="671" class="gb-image gb-image-26e87e82" src="https://www.bizlatinhub.com/wp-content/uploads/2022/09/4c05d48f-how-to-setup-a-company-e1727569101805.png" alt="Infographic titled "General steps to form a business with Biz Latin Hub" showing eight steps: 1) Client onboarding, 2) Powers of Attorney, 3) Receive client documents, 4) Translate shareholder documents, 5) Incorporate the company, 6) Secure tax identifier, 7) Create company books, 8) Open company bank account. Contact details and URL at the bottom." title="4c05d48f-how-to-setup-a-company" srcset="https://www.bizlatinhub.com/wp-content/uploads/2022/09/4c05d48f-how-to-setup-a-company-e1727569101805.png 1320w, https://www.bizlatinhub.com/wp-content/uploads/2022/09/4c05d48f-how-to-setup-a-company-e1727569101805-300x153.png 300w, https://www.bizlatinhub.com/wp-content/uploads/2022/09/4c05d48f-how-to-setup-a-company-e1727569101805-1024x521.png 1024w, https://www.bizlatinhub.com/wp-content/uploads/2022/09/4c05d48f-how-to-setup-a-company-e1727569101805-768x390.png 768w" sizes="(max-width: 1320px) 100vw, 1320px" /></figure> </div> </div> <section class="gb-container gb-container-97ff2388 alignfull"> <div class="gb-container gb-container-4ba36354"> <h2 class="gb-headline gb-headline-1c580b4a gb-headline-text home-heading-2 gb-headline-h2-services">More information on how to Start A Company in Latin America & the Caribbean</h2> <div class="gb-container gb-container-30c2762c"><div class="gb-inside-container"> <div class="gb-grid-wrapper gb-grid-wrapper-3bec8585"> <div class="gb-grid-column gb-grid-column-34e3a0b9"><div class="gb-container gb-container-34e3a0b9 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large has-custom-border"><a href="https://www.bizlatinhub.com/how-to-form-a-company-in-antigua-barbuda/"><img decoding="async" width="400" height="273" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='400'%20height='273'%20viewBox='0%200%20400%20273'%3E%3C/svg%3E" alt="Antigua and Barbuda" class="wp-image-270915 perfmatters-lazy" style="border-radius:3px;aspect-ratio:3/2;object-fit:cover" data-src="https://www.bizlatinhub.com/wp-content/uploads/2022/12/f4a56dea-antigua-y-barbuda.svg" /><noscript><img decoding="async" width="400" height="273" src="https://www.bizlatinhub.com/wp-content/uploads/2022/12/f4a56dea-antigua-y-barbuda.svg" alt="Antigua and Barbuda" class="wp-image-270915" style="border-radius:3px;aspect-ratio:3/2;object-fit:cover"/></noscript></a><figcaption class="wp-element-caption">Antigua and Barbuda</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-ae32eae3"><div class="gb-container gb-container-ae32eae3 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large has-custom-border"><a href="https://www.bizlatinhub.com/company-incorporation-argentina/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="argentina" class="wp-image-166138 perfmatters-lazy" style="border-radius:3px;aspect-ratio:3/2;object-fit:cover" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/93959d98-argentina.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/93959d98-argentina.svg" alt="argentina" class="wp-image-166138" style="border-radius:3px;aspect-ratio:3/2;object-fit:cover"/></noscript></a><figcaption class="wp-element-caption">Argentina</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-84753838"><div class="gb-container gb-container-84753838 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/6-steps-forming-llc-australia/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Australia" class="wp-image-166023 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/c13710b1-australia.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/c13710b1-australia.svg" alt="Australia" class="wp-image-166023"/></noscript></a><figcaption class="wp-element-caption">Australia</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-8f53425e"><div class="gb-container gb-container-8f53425e wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large has-custom-border"><a href="https://www.bizlatinhub.com/company-formation-or-incorporation-in-the-bahamas/"><img decoding="async" width="600" height="300" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='600'%20height='300'%20viewBox='0%200%20600%20300'%3E%3C/svg%3E" alt="Bahamas Flag" class="wp-image-291057 perfmatters-lazy" style="border-radius:3px;aspect-ratio:3/2;object-fit:cover" data-src="https://www.bizlatinhub.com/wp-content/uploads/2024/02/ad1d88b6-bahamas-flag.svg" /><noscript><img decoding="async" width="600" height="300" src="https://www.bizlatinhub.com/wp-content/uploads/2024/02/ad1d88b6-bahamas-flag.svg" alt="Bahamas Flag" class="wp-image-291057" style="border-radius:3px;aspect-ratio:3/2;object-fit:cover"/></noscript></a><figcaption class="wp-element-caption">Bahamas</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-414b8bb8"><div class="gb-container gb-container-414b8bb8 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-1536x1536 has-custom-border"><a href="https://www.bizlatinhub.com/offshore-process-incorporate-company-belize/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="belize" class="wp-image-166066 perfmatters-lazy" style="border-radius:3px;aspect-ratio:3/2;object-fit:cover" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/13a60f35-belize.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/13a60f35-belize.svg" alt="belize" class="wp-image-166066" style="border-radius:3px;aspect-ratio:3/2;object-fit:cover"/></noscript></a><figcaption class="wp-element-caption">Belize</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-9c04a450"><div class="gb-container gb-container-9c04a450 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/company-formation-in-bolivia/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="bolivia" class="wp-image-166078 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/9f0564e7-bolivia.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/9f0564e7-bolivia.svg" alt="bolivia" class="wp-image-166078"/></noscript></a><figcaption class="wp-element-caption">Bolivia</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-0fe61923"><div class="gb-container gb-container-0fe61923 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/company-formation-incorporation-options-brazil/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="brazil" class="wp-image-166037 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/db64520b-brazil.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/db64520b-brazil.svg" alt="brazil" class="wp-image-166037"/></noscript></a><figcaption class="wp-element-caption">Brazil</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-d01b145e"><div class="gb-container gb-container-d01b145e wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-full has-custom-border"><a href="https://www.bizlatinhub.com/company-formation-in-the-cayman-islands/"><img decoding="async" width="384" height="262" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='384'%20height='262'%20viewBox='0%200%20384%20262'%3E%3C/svg%3E" alt="Cayman Islands" class="wp-image-268457 perfmatters-lazy" style="border-radius:8px" data-src="https://www.bizlatinhub.com/wp-content/uploads/2022/10/bb3d14f9-cayman-islands.svg" /><noscript><img decoding="async" width="384" height="262" src="https://www.bizlatinhub.com/wp-content/uploads/2022/10/bb3d14f9-cayman-islands.svg" alt="Cayman Islands" class="wp-image-268457" style="border-radius:8px"/></noscript></a><figcaption class="wp-element-caption">Cayman Islands</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-e2f511d7"><div class="gb-container gb-container-e2f511d7 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/setting-company-chile/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Chile" class="wp-image-166053 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/7617c208-chile.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/7617c208-chile.svg" alt="Chile" class="wp-image-166053"/></noscript></a><figcaption class="wp-element-caption">Chile</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-2aaec42c"><div class="gb-container gb-container-2aaec42c wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/incorporate-a-company-in-colombia-everything-you-need-to-know/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="colombia" class="wp-image-166033 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/47a58500-colombia.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/47a58500-colombia.svg" alt="colombia" class="wp-image-166033"/></noscript></a><figcaption class="wp-element-caption">Colombia</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-666c3aaa"><div class="gb-container gb-container-666c3aaa wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/10-steps-register-company-costa-rica-incorporation-agent/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="costa rica" class="wp-image-166082 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/85032327-costa-rica.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/85032327-costa-rica.svg" alt="costa rica" class="wp-image-166082"/></noscript></a><figcaption class="wp-element-caption">Costa Rica</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-103d3ca4"><div class="gb-container gb-container-103d3ca4 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/steps-incorporate-company-dominican-republic/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Dominican Republic" class="wp-image-179743 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/12/2792fc71-dom-rep.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/12/2792fc71-dom-rep.svg" alt="Dominican Republic" class="wp-image-179743"/></noscript></a><figcaption class="wp-element-caption">Dominican Republic</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-4bdc4c20"><div class="gb-container gb-container-4bdc4c20 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/legal-set-up-a-company-in-ecuador/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Ecuador" class="wp-image-166095 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/6731e402-ecuador.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/6731e402-ecuador.svg" alt="Ecuador" class="wp-image-166095"/></noscript></a><figcaption class="wp-element-caption">Ecuador</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-518f51b8"><div class="gb-container gb-container-518f51b8 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/guide-incorporate-company-salvador/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="el salvador" class="wp-image-166070 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/c7b8f5d5-el-salvador.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/c7b8f5d5-el-salvador.svg" alt="el salvador" class="wp-image-166070"/></noscript></a><figcaption class="wp-element-caption">El Salvador </figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-0b429864"><div class="gb-container gb-container-0b429864 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/register-a-company-in-guatemala/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Guatemala" class="wp-image-204198 perfmatters-lazy" style="object-fit:cover" data-src="https://www.bizlatinhub.com/wp-content/uploads/2020/09/guatemala-1.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2020/09/guatemala-1.svg" alt="Guatemala" class="wp-image-204198" style="object-fit:cover"/></noscript></a><figcaption class="wp-element-caption">Guatemala</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-3ee6a491"><div class="gb-container gb-container-3ee6a491 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large has-custom-border is-style-default"><a href="https://www.bizlatinhub.com/company-formation-guyana/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Flag of Guyana" class="wp-image-280296 perfmatters-lazy" style="border-radius:3px;object-fit:cover" data-src="https://www.bizlatinhub.com/wp-content/uploads/2023/08/601d07a8-guyana-flag2.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2023/08/601d07a8-guyana-flag2.svg" alt="Flag of Guyana" class="wp-image-280296" style="border-radius:3px;object-fit:cover"/></noscript></a><figcaption class="wp-element-caption">Guyana</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-0282b9f4"><div class="gb-container gb-container-0282b9f4 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/company-formation-honduras/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Honduras" class="wp-image-230696 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2021/06/64e77a67-honduras.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2021/06/64e77a67-honduras.svg" alt="Honduras" class="wp-image-230696"/></noscript></a><figcaption class="wp-element-caption">Honduras</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-225a486c"><div class="gb-container gb-container-225a486c wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="/what-are-the-7-key-steps-for-company-formation-in-mexico/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Mexico" class="wp-image-166144 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/39a8b637-mexico.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/39a8b637-mexico.svg" alt="Mexico" class="wp-image-166144"/></noscript></a><figcaption class="wp-element-caption">Mexico</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-aa07a369"><div class="gb-container gb-container-aa07a369 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/how-to-form-a-company-new-zealand/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="new zealand" class="wp-image-166029 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/6a5fbcbd-new-zealand.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/6a5fbcbd-new-zealand.svg" alt="new zealand" class="wp-image-166029"/></noscript></a><figcaption class="wp-element-caption">New Zealand</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-93f9b3ef"><div class="gb-container gb-container-93f9b3ef wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/company-formation-incorporation-in-nicaragua-a-six-step-guide/"><img decoding="async" width="1000" height="600" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='1000'%20height='600'%20viewBox='0%200%201000%20600'%3E%3C/svg%3E" alt="Nicaragua" class="wp-image-286263 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2023/11/b44bd80f-flag_of_nicaragua1.svg" /><noscript><img decoding="async" width="1000" height="600" src="https://www.bizlatinhub.com/wp-content/uploads/2023/11/b44bd80f-flag_of_nicaragua1.svg" alt="Nicaragua" class="wp-image-286263"/></noscript></a><figcaption class="wp-element-caption">Nicaragua</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-02430e2c"><div class="gb-container gb-container-02430e2c wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/register-onshore-company-panama/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="panama" class="wp-image-166091 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/a4c21b28-panama.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/a4c21b28-panama.svg" alt="panama" class="wp-image-166091"/></noscript></a><figcaption class="wp-element-caption">Panama</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-183c4de4"><div class="gb-container gb-container-183c4de4 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a 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decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="peru" class="wp-image-166099 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/27e6c77d-peru.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/27e6c77d-peru.svg" alt="peru" class="wp-image-166099"/></noscript></a><figcaption class="wp-element-caption">Peru</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-66c81185"><div class="gb-container gb-container-66c81185 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-large"><a href="https://www.bizlatinhub.com/incorporate-business-puerto-rico/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Puerto Rico" class="wp-image-230700 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2021/06/661a44fd-puerto-rico.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2021/06/661a44fd-puerto-rico.svg" alt="Puerto Rico" class="wp-image-230700"/></noscript></a><figcaption class="wp-element-caption">Puerto Rico</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-3bcfe8be"><div class="gb-container gb-container-3bcfe8be wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-full"><a href="https://www.bizlatinhub.com/how-to-form-a-company-in-saint-lucia/"><img decoding="async" width="512" height="350" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='350'%20viewBox='0%200%20512%20350'%3E%3C/svg%3E" alt="Saint Lucia" class="wp-image-270102 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2022/11/6104e2d2-st-lucia.png" data-srcset="https://www.bizlatinhub.com/wp-content/uploads/2022/11/6104e2d2-st-lucia.png 512w, https://www.bizlatinhub.com/wp-content/uploads/2022/11/6104e2d2-st-lucia-300x205.png 300w" data-sizes="(max-width: 512px) 100vw, 512px" /><noscript><img decoding="async" width="512" height="350" src="https://www.bizlatinhub.com/wp-content/uploads/2022/11/6104e2d2-st-lucia.png" alt="Saint Lucia" class="wp-image-270102" srcset="https://www.bizlatinhub.com/wp-content/uploads/2022/11/6104e2d2-st-lucia.png 512w, https://www.bizlatinhub.com/wp-content/uploads/2022/11/6104e2d2-st-lucia-300x205.png 300w" sizes="(max-width: 512px) 100vw, 512px" /></noscript></a><figcaption class="wp-element-caption">Saint Lucia</figcaption></figure> </div></div></div> <div class="gb-grid-column gb-grid-column-18a3a8a7"><div class="gb-container gb-container-18a3a8a7 wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="gb-inside-container"> <figure class="wp-block-image size-full"><a href="https://www.bizlatinhub.com/register-business-uruguay/"><img decoding="async" width="512" height="335" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20width='512'%20height='335'%20viewBox='0%200%20512%20335'%3E%3C/svg%3E" alt="Uruguay flag" class="wp-image-166087 perfmatters-lazy" data-src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/177a4969-uruguay.svg" /><noscript><img decoding="async" width="512" height="335" src="https://www.bizlatinhub.com/wp-content/uploads/2019/10/177a4969-uruguay.svg" alt="Uruguay flag" class="wp-image-166087"/></noscript></a><figcaption class="wp-element-caption">Uruguay</figcaption></figure> </div></div></div> </div> </div></div> </div> </section> <div class="gb-container gb-container-4e173694 alignfull"> <div class="gb-container gb-container-36b6ebd0"> <div class="gb-container gb-container-35d6cac3 faq-heading-sticky"> <h2 class="gb-headline gb-headline-d95eb2d4 gb-headline-text home-heading-2 gb-headline-h2-services">Frequently Asked Questions on Company Formation</h2> <hr class="wp-block-separator has-alpha-channel-opacity is-style-wide" style="margin-top:0;margin-bottom:0"/> <p class="gb-headline gb-headline-b7253983 gb-headline-text">Based on our experience, these are the most commonly asked questions about how to form a company and how Biz Latin Hub can help.</p> </div> <div class="gb-container gb-container-9e1596b2"> <div class="gb-container gb-container-f0566eea gb-accordion" data-accordion-multiple-open> <div class="gb-container gb-container-fe196175 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-797afcaf gb-accordion__toggle" id="gb-accordion-toggle-797afcaf"><span class="gb-button-text">What is company formation?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-763c42af" class="gb-accordion__content"><div class="gb-container gb-container-763c42af"> <p>Company formation is the process of legally incorporating a business as a limited company at the respective registrar of companies. It makes the business a distinct entity, separate from its owners, and allows it to benefit from certain legal protections.</p> </div></div> </div> <div class="gb-container gb-container-115008f3 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-9af29f14 gb-accordion__toggle" id="gb-accordion-toggle-9af29f14"><span class="gb-button-text">What is a company formation agent?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-923044a1" class="gb-accordion__content"><div class="gb-container gb-container-923044a1"> <p>A company formation agent is a service provider or specialist that helps individuals or businesses set up a new company. They handle the legal and administrative tasks required to register a company with the relevant authorities. These agents typically assist with filing the necessary documents, such as articles of incorporation, and ensure compliance with local laws. Using a formation agent simplifies the process for those unfamiliar with the legal requirements of starting a company.</p> </div></div> </div> <div class="gb-container gb-container-bc3c2480 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-57e93a7f gb-accordion__toggle" id="gb-accordion-toggle-57e93a7f"><span class="gb-button-text">What is an LLC formation?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-0d864ca1" class="gb-accordion__content"><div class="gb-container gb-container-0d864ca1"> <p>An LLC formation refers to the process of creating a Limited Liability Company (LLC). An LLC is a business structure that offers limited liability protection to its owners, meaning their personal assets are protected from business debts or liabilities. The formation process usually involves filing articles of organization with the state local chamber of commerce, choosing a business name, and sometimes drafting an operating agreement, which outlines the rules and operations of the LLC.</p> </div></div> </div> <div class="gb-container gb-container-79aa3255 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-398e5031 gb-accordion__toggle" id="gb-accordion-toggle-398e5031"><span class="gb-button-text">Can a foreigner create and own a company in Latin America or the Caribbean?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-8b8cf292" class="gb-accordion__content"><div class="gb-container gb-container-8b8cf292"> <p>Yes, a foreigner can create and own a company in almost all jurisdictions in Latin America and the Caribbean.</p> </div></div> </div> <div class="gb-container gb-container-8aeb91bf gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-19c2c7e0 gb-accordion__toggle" id="gb-accordion-toggle-19c2c7e0"><span class="gb-button-text">What are the common legal entity types in Latin America and the Caribbean?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-d54f007f" class="gb-accordion__content"><div class="gb-container gb-container-d54f007f"> <p>The most common legal entity types in Latin America and the Caribbean are the simplified stock company or simplified corporation, known as an SAS (sociedad por acciones simplificada) or a corporation, known as an SA (sociedad anónima).</p> </div></div> </div> <div class="gb-container gb-container-f11877d6 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-d4019f3d gb-accordion__toggle" id="gb-accordion-toggle-d4019f3d"><span class="gb-button-text">What is the process of company registration?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-3404a30c" class="gb-accordion__content"><div class="gb-container gb-container-3404a30c"> <p>The process of company registration involves several steps, including preparing powers of attorney, apostilling shareholder documents, choosing a unique company name, preparing necessary documents such as the Memorandum and Articles of Association, registering with the appropriate government agency, and paying the necessary fees. The process may vary depending on the specific country’s regulations.</p> </div></div> </div> <div class="gb-container gb-container-97ccf88a gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-9e932077 gb-accordion__toggle" id="gb-accordion-toggle-9e932077"><span class="gb-button-text">What is a Legal Representative?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-f2fe2d0a" class="gb-accordion__content"><div class="gb-container gb-container-f2fe2d0a"> <p>A legal representative is an individual authorized to act on behalf of a company or an organization in legal matters, particularly in jurisdictions where the company is not physically present. The legal representative has the power to sign contracts, file documents, represent the company in court, handle official communications, and fulfill other legal obligations required by local laws.</p> <p>In many Latin American countries, appointing a local legal representative is a common requirement for company formation, especially for foreign investors. This person often must be a resident of the country in which the company is established and plays a crucial role in liaising with government authorities, handling tax matters, and ensuring the company complies with local regulations. The legal representative’s responsibilities and authority are usually outlined in the company’s bylaws or in a separate power of attorney.</p> </div></div> </div> <div class="gb-container gb-container-3d08a9c3 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-648ca7c9 gb-accordion__toggle" id="gb-accordion-toggle-648ca7c9"><span class="gb-button-text">What are the requirements to establish a company?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-014f4c32" class="gb-accordion__content"><div class="gb-container gb-container-014f4c32"> <p>The requirements to establish a company vary between jurisdictions, but in most Latin American countries you will need to have a local fiscal address and also appoint a legal representative for your new company during the incorporation process. Some jurisdictions also require additional obligations such as an appointed chartered accountant, and legal representatives for foreign shareholders.</p> </div></div> </div> <div class="gb-container gb-container-29f7e1a5 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-524e6fb8 gb-accordion__toggle" id="gb-accordion-toggle-524e6fb8"><span class="gb-button-text">Why should I consider company incorporation in Latin America?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-506e0cf4" class="gb-accordion__content"><div class="gb-container gb-container-506e0cf4"> <p>Incorporating a company in Latin America can provide numerous benefits, including access to a growing market, favorable business regulations, and potential tax advantages. However, the process can be complex and requires a thorough understanding of local laws and customs.</p> </div></div> </div> <div class="gb-container gb-container-a571371f gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-1bbfb57c gb-accordion__toggle" id="gb-accordion-toggle-1bbfb57c"><span class="gb-button-text">What are the key considerations for company formation in Latin America?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-bb22880a" class="gb-accordion__content"><div class="gb-container gb-container-bb22880a"> <p>Key considerations for company formation in Latin America include understanding the local business culture, legal requirements, tax implications, and potential market opportunities. It’s also crucial to have a reliable local partner to navigate these complexities.</p> </div></div> </div> <div class="gb-container gb-container-eef048d9 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-8c0a1256 gb-accordion__toggle" id="gb-accordion-toggle-8c0a1256"><span class="gb-button-text">Do I need to be in the country to register a company?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-247cba31" class="gb-accordion__content"><div class="gb-container gb-container-247cba31"> <p>No, in most cases, the company incorporation process can be completed through a power of attorney.</p> </div></div> </div> <div class="gb-container gb-container-40cae290 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-3b9e858a gb-accordion__toggle" id="gb-accordion-toggle-3b9e858a"><span class="gb-button-text">How long does it take to incorporate a company in Latin America?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-b5c1382a" class="gb-accordion__content"><div class="gb-container gb-container-b5c1382a"> <p>Timing for starting a business in Latin America varies between countries, but normally takes between one to four months on average.</p> </div></div> </div> <div class="gb-container gb-container-721615c7 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-82fefbe4 gb-accordion__toggle" id="gb-accordion-toggle-82fefbe4"><span class="gb-button-text">What are the annual compliance requirements for companies in Latin America?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-428ff0ed" class="gb-accordion__content"><div class="gb-container gb-container-428ff0ed"> <p>Annual compliance requirements for companies in Latin America typically include filing financial statements, paying corporate taxes, and submitting VAT reports. Most countries require businesses to maintain detailed accounting records and undergo regular tax filings, which can include corporate income tax, withholding taxes on dividends, and VAT. The specific tax rates and deadlines vary across the region, with most countries aligning their fiscal year with the calendar year. In some countries, companies may also be subject to audits, labor and social security obligations, and additional industry-specific regulations.</p> </div></div> </div> <div class="gb-container gb-container-dcafce6b gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-538c025e gb-accordion__toggle" id="gb-accordion-toggle-538c025e"><span class="gb-button-text">How do I initiate the process of company formation with Biz Latin Hub?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-1125e51a" class="gb-accordion__content"><div class="gb-container gb-container-1125e51a"> <p>To start your company registration, please reach out to the Biz Latin Hub via our <a href="https://www.bizlatinhub.com/contact-us/" rel="nofollow">contact us</a> page.</p> </div></div> </div> <div class="gb-container gb-container-f9d5b198 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-e03b6928 gb-accordion__toggle" id="gb-accordion-toggle-e03b6928"><span class="gb-button-text">Do I need a physical office in Latin America to register my company?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-6c6f5502" class="gb-accordion__content"><div class="gb-container gb-container-6c6f5502"> <p>A physical office address is typically required for company registration in most Latin American countries. However, many countries, such as Colombia, Mexico, and Peru, accept virtual offices or co-working spaces as valid registered addresses. This flexibility can help reduce costs for foreign investors. It is advisable to verify the specific requirements in each country, as some may have more stringent regulations regarding business addresses.</p> </div></div> </div> <div class="gb-container gb-container-c5318d74 gb-accordion__item" data-transition="slide"> <button class="gb-button gb-button-47389c9b gb-accordion__toggle" id="gb-accordion-toggle-47389c9b"><span class="gb-button-text">What services does Biz Latin Hub offer beyond company formation?</span><span class="gb-icon"><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon"><path d="M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z" fill="currentColor"></path></svg><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512" width="1em" height="1em" aria-hidden="true" role="img" class="gb-accordion__icon-open"><path d="M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z" fill="currentColor"></path></svg></span></button> <div id="gb-accordion-content-582cb308" class="gb-accordion__content"><div class="gb-container gb-container-582cb308"> <p>Beyond company formation, Biz Latin Hub offers a range of services including legal and accounting services, visa processing, hiring and recruitment, due diligence, and more. Our goal is to provide a comprehensive solution for businesses looking to expand into Latin America.</p> </div></div> </div> </div> </div> </div> </div> <div class="gb-container gb-container-528917f6 alignfull perfmatters-lazy" style data-bg="https://www.bizlatinhub.com/wp-content/uploads/2020/03/ab029a2e-blh-background.jpg" ><div class="gb-inside-container"> <h2 class="gb-headline gb-headline-993552b6 gb-headline-text gb-headline-h2-services">WHAT MAKES BIZ LATIN HUB DIFFERENT?</h2> <div class="gb-container gb-container-b5152e3b"><div class="gb-inside-container"> <div class="gb-grid-wrapper gb-grid-wrapper-9df1fb68"> <div class="gb-grid-column gb-grid-column-32ad0500"><div class="gb-container gb-container-32ad0500"><div class="gb-inside-container"> <h3 class="gb-headline gb-headline-cc2d3c7d gb-headline-text">Your Local Partner</h3> <p class="gb-headline gb-headline-0b065ce4 gb-headline-text">We can provide you the complete, fully-integrated and tailored back office, PEO and entity incorporation solution</p> </div></div></div> <div class="gb-grid-column gb-grid-column-18ae224d"><div class="gb-container gb-container-18ae224d"><div class="gb-inside-container"> <h3 class="gb-headline gb-headline-d3578d22 gb-headline-text">Your Need is Our Focus</h3> <p class="gb-headline gb-headline-01bee9ef gb-headline-text">We know one size doesn’t fit all – we will work with you to understand your business needs and to provide a personalized market entry and back office solution</p> </div></div></div> <div class="gb-grid-column gb-grid-column-a922abd7"><div class="gb-container gb-container-a922abd7"><div class="gb-inside-container"> <h3 class="gb-headline gb-headline-cb4bba25 gb-headline-text">Globally Minded & Local Expertise</h3> <p class="gb-headline gb-headline-b2857dc9 gb-headline-text">Trust our local team of lawyers and accountants to establish your business, form your legal entity, hiring employees and legal entity compliance</p> </div></div></div> <div class="gb-grid-column gb-grid-column-1a0a1344"><div class="gb-container gb-container-1a0a1344"><div class="gb-inside-container"> <h3 class="gb-headline gb-headline-5186d499 gb-headline-text">Communication at its Best</h3> <p class="gb-headline gb-headline-cedf7d14 gb-headline-text">English, Spanish or Portuguese – Our local and expatriate team of accountants and lawyers can support you in multiple languages</p> </div></div></div> </div> </div></div> </div></div> <div class="gb-container gb-container-301fdaa8 alignfull"><div class="gb-inside-container"> <div class="gb-grid-wrapper gb-grid-wrapper-48e94e48"> <div class="gb-grid-column gb-grid-column-348215a3"><div class="gb-container gb-container-348215a3"><div class="gb-inside-container"> <h3 class="gb-headline gb-headline-83877a47 gb-headline-text gb-headline-h2-services">Ready to Establish Your Business in Latin America and the Caribbean?</h3> <p class="gb-headline gb-headline-cdafa845 gb-headline-text">Partner with our team of 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type="application/ld+json">{"@context":"https:\/\/schema.org","@type":"FAQPage","name":"Company Formation","mainEntity":[{"@type":"Question","name":"What is company formation?","acceptedAnswer":{"@type":"Answer","text":"<p>Company formation is the process of legally incorporating a business as a limited company at the respective registrar of companies. It makes the business a distinct entity, separate from its owners, and allows it to benefit from certain legal protections.<\/p>"}},{"@type":"Question","name":"What is a company formation agent?","acceptedAnswer":{"@type":"Answer","text":"<p>A company formation agent is a service provider or specialist that helps individuals or businesses set up a new company. They handle the legal and administrative tasks required to register a company with the relevant authorities. These agents typically assist with filing the necessary documents, such as articles of incorporation, and ensure compliance with local laws. Using a formation agent simplifies the process for those unfamiliar with the legal requirements of starting a company.<\/p>"}},{"@type":"Question","name":"What is an LLC formation?","acceptedAnswer":{"@type":"Answer","text":"<p>An LLC formation refers to the process of creating a Limited Liability Company (LLC). 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However, the process can be complex and requires a thorough understanding of local laws and customs.<\/p>"}},{"@type":"Question","name":"What are the key considerations for company formation in Latin America?","acceptedAnswer":{"@type":"Answer","text":"<p>Key considerations for company formation in Latin America include understanding the local business culture, legal requirements, tax implications, and potential market opportunities. 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