Implementing a rescue plan in which SAT makes tax collections more flexible and IGSS assists employees is part of the proposal of Guatemalan businessmen in the commercial and service sector, given the crisis that has been generated by the health emergency.
If the quarantine and mobility restriction measures are extended by two months, it is predicted that by the end of the year the annualized demand for car rental services in Central America will have fallen by 30%.
The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, considering different scenarios for the coming months.
During the last year, Contact Center and BPO service sector exports were estimated at $600 million, 12% less than the $720 million reported the previous year.
Some of the factors influencing the failure to reach the job creation projection include the fact that no English language skills have been generated in young people, and at the time of the forecasts the exchange rate in the country was Q8.2 to one dollar, and now the rate has dropped to Q7.7.
During 2018, foreign sales by companies in the digital development sector in Guatemala totaled $37 million, 4% more than in 2017.
Panama, United States, El Salvador, Mexico, Dominican Republic, Japan, Canada, Germany are some of the markets where the Digital Development Sector (SOFEX) of AGEXPORT innovated in its exports of specialized services, informed the exporting guild.
The tender for the service of electronic tax stamps for containers passing through Guatemalan customs will no longer be carried out, meaning that several companies will be able to offer their services independently.
Last June the Superintendency of Tax Administration of Guatemala had convened an informative meeting for companies that were interested in the qualification process to provide the electronic tax stamp service.
The Bank of Guatemala is putting out to tender a contract for services by an external audit firm to dictate and certify the institution's financial statements.
In the first quarter of 2018, the manufacturing and services sectors recorded falls of 4,000 and 7,000, respectively, in the monthly average number of affiliates to the social insurance scheme compared to 2017.
One example of the contraction observed in industrial activity is what occured in free zones.The Association of Private Free Zones of Guatemala explained that due to the closure of more than one hundred companies, some 1,500 jobs have been lost.
In 2016 the Latin American forum that brings together over 500 companies from the service industry will be held in San Jose.
From a statement issued by the Ministry of Foreign Trade of Costa Rica:
San Jose, Costa Rica, November 26, 2015: The Ministry of Foreign Trade (COMEX), the Foreign Trade Promotion Office (PROCOMER) and the Costa Rican Coalition for Development Initiatives (CINDE), announced that the IDB has named Costa Rica as the host for 2016 for one of the most important events in Latin America for the corporate services industry: "OUTSOURCE2LAC". The decision was made official last week, during the fifth edition of the forum, held in Guadalajara, Mexico.
On August 6th and 7th 250 entrepreneurs from more than 20 countries will be meeting in Guatemala to discuss issues of innovation, challenges, trends and business opportunities in the services sector.
From a statement issued by the Guatemalan Export Association (AGEXPORT):
A growing segment of the population is starting to gain weight as a group of consumers of increasingly specialized high-cost services.
In Costa Rica the evolution of the population pyramid is starting to resemble that of developed countries, and shows a sustained increase in inhabitants in the higher age range, a process which is expected to take the number of old age people in 2050 to more than one million.
Between November 1st and the 4th foreign companies in the sector will be meeting with Guatemalan companies to learn about the supply of local products and services for events.
The Chamber of Commerce of Guatemala and the Agency for Promotion of Exports and Investments of El Salvador (Proesa) have organized this business fair in order to support companies in their drive for internationalization.