The Guatemala LLC requires only two shareholders, who must invest at least US$260 (GTQ 2,000) in the company’s paid up capital and one director. While shareholders and directors can be foreigners, the company will also have to appoint a resident legal representative if no director is ordinarily resident in Guatemala.

Guatemala limited Liability Company Key Feature

  1. A minimum of 2 directors
  2. A minimum paid up capital of US$260 (GTQ 2,000)
  3. A Minimum of 1 Director
  4. Directors and shareholders can be foreign
  5. A resident Legal Representative is required

Guatemala limited Liability Company Legal Requirements

Guatemala LLC

Corporate Details

General

  • Type of Entity

LLC

  • Registered Office in Guatemala

Yes

Share capital or equivalent

  • Standard currency

GTQ

  • Permitted currencies

Any

  • Minimum paid up

GTQ 2,000

Directors

  • Minimum number

One

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

Two

  • Corporate shareholder allowed

Yes

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

No

 Guatemala limited Liability Company Tax Treatment

Corporate Tax of 25%

Guatemala limited Liability Company Duration for Set up

Around 4 weeks 

Guatemala limited Liability Company Distinctive Benefits

  • Territorial tax system do not tax international company profits and dividends, that means that all incomes generated outside Guatemala are not taxed at all
  • Advantages are competitive incorporation fees and fast registration service
  • Owner’s names are not available in public registry
  • Nominee services can be used for director
  • Guatemala companies can have bearer shares which can be kept anywhere
  • Guatemala companies need not report transfer of shares
  • Guatemala does not have tax information exchange agreements
  • The shareholders’ liability for losses is limited to their share of ownership of the company

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