Pronacom

Investment Incentives

FOREIGN INVESTMENT LAW

Regulatory body that guarantees national treatment to foreign investors, authorizes their participation in any legal economic activity in the country and any proportion in the capital stock of a legally constituted company, unless there is a special law that stipulates otherwise.

FREE CURRENCY NEGOTIATION LAW

Regulatory body that stipulates freedom in the disposition, possession, remittance, transfer, purchase, sale, collection and payment of and with foreign currency, as well as in the possession and management of deposits and accounts in foreign currency. The exchange rate calculated and published daily by the Guatemala's Central Bank, will be used for obligations with the State and conflict resolution.

LAW FOR THE PROMOTION AND DEVELOPMENT OF EXPORT AND MAQUILA (OUTSOURCING) ACTIVITIES

Normative body that regulates how to promote, encourage and develop in the national customs territory, the activities engaged in by individuals or legal entities domiciled in the county, operating within the customs regimes regulated by this law.

Within this classification are the regimes of temporary admission, return of tariffs, service providers (services related to information and communication technologies, offered by call centers or contact centers, software development, and development of digital content, as long as their services are provided to non-residents in the national territory), among others.

FREE TRADE ZONES LAW

Regulatory body that aims to encourage and regulate the establishment in the country of Free Trade Zones, which promote national development through the activities carried out in them, particularly in actions aimed at strengthening foreign trade, job creation and technology transfer.

LAW PROBOSQUES

Legal instrument that aims to cover the country's forest with the creation and application of the Incentive Program for the establishment, recovery, restoration, management, production and protection of forests.

INCENTIVES LAW FOR THE DEVELOPMENT OF RENEWABLE ENERGY PROJECTS

Regulatory body that seeks to promote the development of renewable energy projects and establish tax, economic and administrative incentives for this purpose.

ORGANIC LAW OF THE FREE ZONE OF INDUSTRY AND COMMERCE "SANTO TOMÁS DE CASTILLA" AND SPECIAL PUBLIC ECONOMIC DEVELOPMENT ZONES

Geographically defined free zone area within the national territory for the development of goods and services industrial or commercial activities, under temporary customs regime authorized by ZOLIC (Zona de Libre de Industria y Comercio Santo Tomás de Castilla).