In order to register a branch in Guatemala, foreign corporations are required to guarantee the operations of the future branch by issuing a bond of US$50,000 as guarantee. The branch must also i) have a registered office in Guatemala and ii) appoint an agent who should be an attorney and must have power of attorney of the branch on behalf of the company.

Guatemala BO

Corporate Details

General

  • Type of Entity

BO

  • Registered Office in Guatemala

Yes

Share capital or equivalent

  • Standard currency

GTQ

  • Permitted currencies
Any
  • Minimum Deposit

US$50,000

Directors

  • Minimum number

NA

  • Corporate directorship allowed
NA

Shareholders

  • Minimum number

NA

  • Corporate shareholder allowed

NA

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

No

The Guatemala Branch Office Tax Treatment

Corporate Tax of 25%

Duration for Set up

Around 6 weeks

The Guatemala Branch Office Distinctive Benefits

  1. A branch may defer its legal liability to its parent company; or, it might share the liability with its parent.
  2. Branch start-up costs are considerably reduced when a branch is opened in Guatemala
  3. A branch is far easier to wind down than a subsidiary.

The Valsen Advantage

  1. End to end comprehensive service
  2. Speedy and efficient service
  3. Expert advice on structuring options
  4. Dedicated ongoing compliance support
  5. Extensive network pool of service providers