Your legal, accounting and auditing firm — under one team.
Lawyers, Notaries and Auditors in Guatemala for Foreign Investors and Companies
Company formation, contracts, compliance, corporate criminal defense, tax, accounting and audit under one team. 24-hour response, fixed fees and clear communication in English from the first call.
Largest economy in Central America, free trade agreements with the U.S. (CAFTA-DR), Mexico and the EU, stable currency, Pacific and Atlantic ports. The opportunity is real — what slows investors down is the paperwork.
24-hour response
We know time-zones matter. You get a direct contact who answers — in English — within one business day, always.
Weekly progress reports
You always know where your file stands. No more wondering if the deed is filed, the NIT issued, or the bank account open.
Fixed fees in USD
Quoted up-front, in dollars, before any work begins. No hidden extras, no currency surprises on the final invoice.
Monthly bookkeeping, SAT tax filings, external audits, transfer-pricing compliance and financial advisory — so you can take decisions on clean numbers and stay compliant without chasing documents last-minute.
No jargon, no waiting weeks for a reply. Here is the sequence we walk clients through.
01
Entity structure
Sociedad Anónima (S.A.): local corporation, 2+ shareholders, limited liability, unlimited revenue — best for most operating businesses. Branch office: registers an existing foreign entity; parent company remains liable — faster for service-based operations. Individual investment with foreign NIT: simpler for single-property purchases or consulting income.
02
Tax registration & NIT
Every entity and individual with economic activity in Guatemala needs a NIT (tax ID) from the SAT. Choose between the general regime (25% on profits) and the simplified regime (5%–7% on gross revenue). The right choice depends on margin structure and can save significant money.
03
Legal representation
Every Guatemalan entity must have a designated Legal Representative authorized to sign on behalf of the company. For foreign shareholders who will not reside in Guatemala, we offer Legal Representative services through partners at the firm, with strict governance and reporting.
04
Banking & operations
Corporate bank accounts require in-person presence of the Legal Representative, full KYC documentation and reference letters from foreign banks. We prepare the complete KYC package and coordinate introductions with compliance officers at leading local banks.
Real estate for foreigners
Can a foreigner own property in Guatemala?
Yes — with one constitutional restriction: foreigners cannot own land within 15 kilometers of the country's terrestrial borders or Pacific/Atlantic coastlines. Everywhere else, foreign ownership is fully protected.
You can buy in your own name (with a foreign NIT) or through a Guatemalan corporation that you own 100%. We handle the complete transaction: registry due diligence, tax calculation (VAT 12% on new builds or Stamp Tax 3% on resales), deed drafting, and registration with the Public Registry.
Labor law snapshot
Employment rules you must know before hiring.
14-month salary rule: in addition to 12 monthly salaries, employers must pay "Bono 14" in July and "Aguinaldo" in December — each equivalent to one month of salary.
Severance (indemnización): one month of salary per year of service when termination is without just cause.
Social security (IGSS): 12.67% employer contribution, 4.83% employee contribution on salaries.
Contract registration: written employment contracts must be registered with the Ministry of Labor within 15 days. Missing this exposes the company to penalties.
Independent contractors: only valid when there is no subordination. Courts aggressively reclassify disguised employment, with retroactive penalties.
Our firm handles labor compliance for international clients operating in Guatemala — from contract templates to payroll governance and termination protocols.
"We had tried two other firms before. Neither one answered us. With Asesoria Global, we had a clear plan and fixed fee within 24 hours. Today they handle our Guatemalan entity end-to-end — legal, tax and payroll."
J
International client
U.S. services company · Central America expansion
Why foreign investors choose us
Not the cheapest. The ones who actually deliver.
Integrated service
Legal, accounting and finance under one roof. One point of contact, one invoice, everything coordinated.
Offices in Zone 10
Walking distance from embassies, banks and the central business district. Easy for in-person signings and bank meetings.
Bilingual team
Partners and senior associates fluent in English. Documents delivered in bilingual format when needed.
10+ years of experience
We have seen the edge cases — from SAT audits to bank compliance reviews — and know where the real risks live.
Fast response
Our standard is to reply the same business day. For urgent items, within hours — including across time zones.
Fixed fees, USD quoted
Before work begins you know exactly what you'll pay. Zero surprises on the final invoice.
FAQ
Frequently asked questions.
Can a foreigner open a company in Guatemala?
Yes. Foreign individuals and entities can fully own Guatemalan companies under the Foreign Investment Law of 1998. You can form a local corporation (Sociedad Anónima), register a branch of an existing foreign company, or invest as an individual with a foreign NIT.
How long does it take to register a company?
15 to 30 business days for full operational status — incorporation deed, NIT, commercial license. Our firm offers accelerated processing with weekly progress reports for international clients.
Can a foreigner open a bank account in Guatemala?
Yes. Standard requirements: valid passport, foreign NIT, proof of address, reference letters from international banks. Corporate accounts also require the company's registration documents. We assist with full KYC documentation and introductions to compliance officers at leading local banks.
What taxes will my Guatemalan company pay?
Income Tax (ISR): 25% on profits OR 5%–7% simplified regime on gross income. VAT (IVA): 12% on sales. Employer IGSS: 12.67% on payroll. Plus municipal taxes and an annual business license fee. We help structure entities to optimize tax position legally.
Can a foreigner own real estate in Guatemala?
Yes, with one constitutional restriction: foreigners cannot own land within 15 km of Guatemala's terrestrial borders or its Pacific/Atlantic coastlines. Everywhere else, foreign ownership is fully protected. Purchases can be in your own name (with foreign NIT) or through a Guatemalan corporation.
Do you work in English?
Yes. Partners and senior associates are fluent in English. Documents can be delivered in bilingual format and meetings are conducted in English by default for international clients.
Planning to invest in Guatemala?
Book a free 30-minute call with one of our partners. We'll review your plans and give you a clear roadmap — with timelines and fixed fees — before you commit anything.