Guatemala: Tax Exemptions for Textile Companies and Call Centers

The legislature has finally passed the Employment Act granting exemptions for 10 years for call centers and maquilas operating in the country.

Friday, February 26, 2016

From a statement issued by the Congress of Guatemala:

With 113 votes in favor, members of the National Emergency Congress approved Decree 19-2016, Emerging Act for the Conservation of Employment, which exempts import tax for 10 years for call centers and maquilas operating in the country .

Legislative Decree 19-2016, registration number 5007, reforms the Law on Promotion and Development of Export and Maquila Activities, Decree 2989 and the Free Zones Act, Decree 65-89 of Congress, whose term of 10 years had already expired.

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In Honduras, Congress extended for two more years the validity of the Law to Support Micro and Small Enterprises, which grants benefits such as exemption from payment of income tax and other taxes.

To opt for the benefits granted by the law, interested parties must process their permits, national and municipal licenses for its operation, reports a statement issued by Congress.

Guatemala: More Investment in BPO´s

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EGS Guatemala has announced the expansion of operations in customer services, billing and back offices for telecommunications and energy.

From a statement issued by the Ministry of Finance in Guatemala:

Guatemala, March 15, 2016. The Minister of Economy, Ruben Morales, participated in the inauguration of EGS's third site in Guatemala, Primma 2.

Guatemala: Tax Incentives For Textile Companies and Call Centers Only

February 2016

Reforms have been made to a proposed Emerging Act for Conservation of Employment in order to maintain tax incentives only for textile sectors and call centers, leaving out other activities that were previously exempt.

Deputy Ovidio Monzon, president of the Congress Working Committee confirmed that the aim is to maintain the privileges and exemptions for textile companies and call centers.

Guatemala: Textile Companies Urge Investment and Employment Law

March 2015

The guild is once again insisting on the urgency of the government passing the law which grants tax incentives to the maquila industry so that they can remain competitive in the global market.

Once the Investment and Employment Decree 4644 is approved, there would come into effect "...

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