THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
Employer of Record in Guatemala.
G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Guatemala. Your candidate is hired via G-P’ Guatemala PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.
Payroll in Guatemala.
Guatemala is a Central American country bordering the Pacific Ocean and the Caribbean Sea. Its beauty, large population, and connection to other Central American countries make it a great place for companies to expand to. However, expanding to Guatemala can turn into a complicated process as you handle payroll, hiring, benefits, and more while continuing to run your parent company.
Hiring in Guatemala.
Recruiting and hiring are important steps for all companies, and that includes yours no matter where you’re located. You need to find talented candidates to fill your open positions, and you have to follow Guatemala’s employment compliance laws throughout the entire process. These requirements are on top of growing your company to a new location and handling compensation, benefits, payroll, and more.
Compensation & Benefits in Guatemala.
Compensation & Benefits in Guatemala.
When you open a new business location in Guatemala, you have plenty of different factors to worry about. Two important ones for both your company and your employees are compensation and benefits. You must meet Guatemala’s compensation laws and come up with a Guatemala benefit management plan that includes statutory and additional benefits.
Guatemala Subsidiary.
Choosing to expand to Guatemala will provide many benefits to your company — you can form new business relationships, add talented employees to your team, and begin overseas operations. However, you need to learn how to set up a Guatemala subsidiary, hire employees, and give out compensation and benefits.
Guatemala Visas & Permits.
While Guatemala is renowned for its national beauty and rich history, this Central American country has much more to offer — including lucrative opportunities for expatriates and international businesses. If your company is planning to expand to Guatemala, one of your top priorities is most likely building a team of skilled employees to make the move with you. But before they can begin living and working in Guatemala, your company will need to ensure that they have the proper permits to do so.