Decree 46-2022 of the Congress of the Republic, which contains the Law for the Promotion of Foreign Capital Investment, will enter into force. With the new legislation, the Government of Guatemala seeks that foreign investors enjoy some incentives and with this, the country is attractive for the arrival of new companies.
Foreign individuals or legal entities whose source capital is foreign and who make new investments in the country may have access to the benefits of the aforementioned law, after the entry into force of the law (September 29, 2022). To do this, they must request a specific authorization from the Ministry of Economy detailing data such as the origin of the capital to be invested, the profile of the investment project, project implementation time, estimated job creation, among others that details the law.
