Guatemala Branch Office Registration
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 |
|
|
BO |
|
Yes |
Share capital or equivalent |
|
|
GTQ |
|
Any |
|
US$50,000 |
Directors |
|
|
NA |
|
NA |
Shareholders |
|
|
NA |
|
NA |
Accounts |
|
|
Yes |
|
No |
|
No |
The Guatemala Branch Office Tax Treatment
Corporate Tax of 25%
Duration for Set up
Around 6 weeks
The Guatemala Branch Office Distinctive Benefits
- A branch may defer its legal liability to its parent company; or, it might share the liability with its parent.
- Branch start-up costs are considerably reduced when a branch is opened in Guatemala
- A branch is far easier to wind down than a subsidiary.
The Valsen Advantage
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers