LATAM : Foreign Investors Survey 2017 ttitude Consulting
GUATEMALA
Greater Attractions
Favorable political environment : strengthening institutions and regulatory frameworks deter and prosecute corruption with the support of UN . Favorable tax system for investment , open-ended investment legislation .
Political Risks ?
Big change in their political institutions but it will strengthen the institutions and thus discourage corruption , impunity and lack of transparency .
Adequate Labor Laws ?
Attractive . Constitutional and legal worker protection tolerable to the investor .
Adequate Transparency and Corruption Framework ?
Reinforced frame . New state contract laws ; of Probity ; of Pretrials , etc .
Suitable Fiscal Framework for Foreign Investment ?
Relatively simple and predictable but there are important difficulties in accumulating tax credit for exporters . The tax impact on the income tax can be limited by the arrangements provided by the law . Creation of new taxes on a temporary basis , to strengthen the justice sector . Next reform of the regulatory framework of the collecting agency .
Proper Framework for Promotion and Mutual Investment Protection ?
Different opinions among respondents . Some think yes and others not . There are still few treaties of Reciprocal Protection of Investments signed by Guatemala .
Advantages of Your country over Others in the Zone
Less restriction on investment , relatively complex tax system , reasonable tax impact .
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Positive Medium Risk Negative