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The legal and accounting groups at Biz Latin Hub’s offices in Chile, Colombia, Costa Rica, Paraguay and Peru reported the pursuing regulatory updates in June 2022 that could influence your small business passions.
At Biz Latin Hub our multilingual teams of company help experts based mostly all through Latin The usa and the Caribbean give tailor-made offers of built-in back again-business companies, which includes lawful, accounting, and recruitment, among other options to assist companies and investors undertaking small business in the region.
If you are interested in doing business in Latin America and would like to learn additional about how we can aid you bridge cultural and linguistic barriers when getting into the location, as nicely as aid ongoing operations, call us these days.
Chile
The Chilean federal government and its institutions introduced one noteworthy regulatory update in June:
Regulatory activity | Results for enterprise |
Legislation 21.465
Revealed: 14.06.2022 |
The restrict of the gas cost stabilization mechanism designed by law no. 20,765 is amplified and the weekly adjustment threshold is current. |
Colombia
The Colombian governing administration and its institutions released a single notable regulatory update in June:
Regulatory action | Results for business |
Legislation 2213 of 2022
Released: 13.06.2022 |
Technological actions are adopted to improve judicial treatments in Colombia. |
Costa Rica
The Costa Rican governing administration and its establishments introduced 1 noteworthy regulatory update in June:
Regulatory action | Outcomes for organization |
Decree that lets for the homologation of sanitary registrations for medications | The Ministry of Health and fitness signed a decree to homologate sanitary registries of medicines granted by the regulatory authorities that are members of the International Council for Harmonization. |
Paraguay
The Paraguayan authorities and its establishments introduced just one noteworthy regulatory update in June:
Regulatory activity | Outcomes for organization |
Conasam: 11.4% minimum wage readjustment
Printed: 13.06.2022 |
The Central Bank had educated the company that the variation in the Buyer Price Index (CPI) in the time period June 2021 to Could 2022 was 11.4%. The recent minimum amount wage of 2,289,324 and in accordance to the readjustment ask for will go to 2,550,307 guaraníes as of July 1. |
Peru
The Peruvian governing administration and its establishments released 1 notable regulatory update in June:
Regulatory activity | Outcomes for business |
Law 31501
Printed: 10.06.2022 |
Modifies the Penal Code in buy to bolster the struggle in opposition to the crimes of Fraudulent Administration, Parallel Accounting and Transnational Bribery. |
Biz Latin Hub can assist you and your business in Latin America
At Biz Latin Hub, we have a multilingual staff for legal, accounting, recruitment and corporation formation products and services, all set and ready to aid your business enterprise endeavours in the Caribbean and Latin The usa. Our wide vary of products and services allow for our customers to do small business with the peace-of-thoughts that they have checked all the industrial containers, and that they are compliant with all the applicable legislative and regulatory criteria.
To find out much more about how we can support you in performing enterprise in Latin The us, speak to us.
Also, you can learn far more about our workforce of specialists and how they are enabling industrial growth across Latin America.

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