Guatemala: 32 thousand new companies in 2008

The number of new companies and individual businessmen registered dropped 6% compared to 2007.

Monday, January 5, 2009 reports that "according to data from the Business Registry as of December 30 there were 5,490 new local companies registered (11% higher than in 2007).

Vice minister of Economy, Erasmo Velasquez, said that the number of yearly registrations shows an interest by Guatemalans to become independent and create their own small and medium companies, both for production and services.

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El Salvador: Delays in Company Registration

July 2011

A 75% increase in applications for company registration has generated delays of up to one month in the delivery of commercial enrolment documents in El Salvador.

An article in by Sury Velasco, reports that "In the first five months of 2011, the National Records Center (Centro Nacional de Registros - CNR) reported a 75% increase in requests for applications for the formalization of businesses, which has led to registration papers being issued up to a month late. The demand for applications has exceeded the response capacity of the CNR, leading to the opening of new jobs in the Trade Registry Office in 2012."

Guatemala: More New Businesses Created

February 2015

The number of companies and sole traders registered in the Commercial Registry in January grew by 46% compared to the same month in 2014, a year in which a decrease of 3% was recorded.

In January 2015 2.289 companies were registered, 720 more than the 1,569 reported in the same month of 2014.

More Companies Registered in Guatemala

June 2015

In the first four months of the year 18,000 new businesses were registered with the Commercial Register , 13% more than in the same period in 2014.

The number of new companies entered into the Mercantile Registry between January and April this year exceeds that of the same period in 2014, when 16,389 were registered.

Guatemala Withdraws Registration Fee for SMEs

April 2014

Companies with under $38 billion in capital will be able to register without paying duty to the Register of Commerce.

The Register of Commerce has also reduced the number of steps needed to open a new business, reducing the time from 17 to 13 days.

"The head of the Register, Rodrigo Valladares, said that the constant changes aim to streamline the business registration processes, providing legal certainty to new entrepreneurs, and for this reason they have extended the options so that people can be made aware of the processes."

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Cámara de Comercio de Guatemala

Organization that operates in Guatemala.
Phone: (502) 2417-2700

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