In order to register a Representative in Guatemala, foreign corporations are required to guarantee the operations of the future Representative by issuing a ROnd of US$50,000 as guarantee. The Representative 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 Representative on behalf of the company.

Guatemala RO

Corporate Details

General

  • Type of Entity

RO

  • Registered Office in Guatemala

Yes

Share capital or equivalent

  • Standard currency

GTQ

  • Permitted currencies

Any

  • Minimum Deposit

None

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 Representative Office Tax Treatment

Not Applicable

Duration for Set up

Around 6 weeks

The Guatemala Representative Office Distinctive Benefits

  • No registered capital required.
  • Easy to control than others business type in Guatemala or Tax issue
  • The quickest, relatively inexpensive and easy to set up.

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