5 LatAm offices report changes in June 2022

ByMargie D. Moore

Jul 2, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,


The legal and accounting teams at Biz Latin Hub’s workplaces in Chile, Colombia, Costa Rica, Paraguay and Peru reported the next regulatory updates in June 2022 that could affect your business pursuits.

At Biz Latin Hub our multilingual teams of company guidance specialists centered all over Latin America and the Caribbean offer you customized offers of integrated back again-office environment providers, which includes authorized, accounting, and recruitment, between other remedies to assist corporations and investors carrying out enterprise in the region.

If you are interested in doing business in Latin America and would like to discover a lot more about how we can assistance you bridge cultural and linguistic barriers when entering the area, as well as assistance ongoing operations, make contact with us now.


The Chilean governing administration and its establishments introduced a person noteworthy regulatory update in June:

Regulatory exercise Results for small business
Regulation 21.465

Published: 14.06.2022

The restrict of the fuel rate stabilization system made by legislation no. 20,765 is amplified and the weekly adjustment threshold is updated.


The Colombian govt and its establishments launched a person notable regulatory update in June:

Regulatory activity Outcomes for business enterprise
Regulation 2213 of 2022

Printed: 13.06.2022

Technological actions are adopted to make improvements to judicial methods in Colombia.

Costa Rica

The Costa Rican governing administration and its institutions introduced one particular noteworthy regulatory update in June:

Regulatory action Outcomes for business
Decree that enables for the homologation of sanitary registrations for medications

Published: 22.06.2022

The Ministry of Overall health signed a decree to homologate sanitary registries of medicines granted by the regulatory authorities that are members of the Intercontinental Council for Harmonization.


The Paraguayan federal government and its institutions released 1 noteworthy regulatory update in June:

Regulatory exercise Results for company
Conasam: 11.4% minimal wage readjustment

Posted: 13.06.2022

The Central Financial institution had informed the company that the variation in the Buyer Selling price Index (CPI) in the interval June 2021 to Could 2022 was 11.4%. The recent minimum wage of 2,289,324 and according to the readjustment ask for will go to 2,550,307 guaraníes as of July 1.


The Peruvian governing administration and its institutions introduced just one notable regulatory update in June:

Regulatory action Outcomes for organization
Law 31501

Published: 10.06.2022

Modifies the Penal Code in purchase to reinforce the battle versus the crimes of Fraudulent Administration, Parallel Accounting and Transnational Bribery.

Biz Latin Hub can assist you and your organization in Latin America

At Biz Latin Hub, we have a multilingual crew for authorized, accounting, recruitment and organization development companies, ready and waiting around to assist your business enterprise attempts in the Caribbean and Latin America. Our wide vary of services make it possible for our clientele to do small business with the peace-of-intellect that they have checked all the business bins, and that they are compliant with all the appropriate legislative and regulatory standards.

To learn more about how we can aid you in carrying out business enterprise in Latin The us, get hold of us.

Also, you can study more about our workforce of industry experts and how they are enabling business advancement throughout Latin America.

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