Guatemala: How to Discourage InvestmentThe application of Article 27 of the Emergent Conservation of Employment Act has put on tenterhooks the feasibility of permanence in the country of 125 companies operating in the free zone.Monday, May 9, 2016
An article on Prensalibre.com reports that "... the Emergent Conservation of Employment Act , in force since March 31, 2016, specifies that 43 activities can not be produced or marketed and developed from free zones, including pharmaceuticals, cosmetics, plastics and machinery, among other things. " Source: prensalibre.com ¿Busca soluciones de inteligencia comercial para su empresa?Guatemala: Free Zone Companies Still Closing DownAugust 2016 The formal closure of 15 companies in free zones has been reported from October 2015 to date and sixty other users have already suspended their operations. Guatemala: Free Zones Situation Gets More ComplicatedMay 2016 It has been reported that one of the 17 free zones operating in the country has started the process of closing its operations entirely due to the legal uncertainty generated by the emergent employment law. Guatemala: Incentives for Free Zones ExpireJanuary 2015 The business sector is demanding that the government take action to minimize the impact of the expiry at the end of the year of tax incentives granted to foreign firms in free zones.
Multinationals Await Free Port LawSeptember 2009 In Costa Rica, multinational companies are worrying for delays in the law that modifies fiscal incentives at free ports.
×
ok |
|