The authorized and accounting groups at Biz Latin Hub’s workplaces in Bolivia, Chile, Colombia, Costa Rica, El Salvador and Uruguay documented the next regulatory updates in March 2022 that could influence your organization interests.

At Biz Latin Hub our multilingual groups of company guidance specialists based all over Latin The united states and the Caribbean offer tailor-made deals of integrated back-office environment products and services, like legal, accounting, and recruitment, between other options to support corporations and buyers carrying out business in the region.

If you are fascinated in doing business enterprise in Latin America and would like to find out far more about how we can help you bridge cultural and linguistic obstacles when coming into the region, as very well as guidance ongoing functions, speak to us right now.


The Bolivian governing administration and its establishments introduced just one notable regulatory update a short while ago:

Regulatory action Results for business enterprise
Decree Supreme N° 4596

Published: February 1st, 2022
New Plurinational Industrial Registry Assistance (SEPREC) commences activities as of April 1, changing Fundempresa.


The Chilean government and its establishments introduced one noteworthy regulatory update in March:

Regulatory activity Outcomes for business
Legislation 21.431

Published: March 11th, 2022
Updates the Labor Codex extending its security and access to workers from “digital providers platforms” (Applications).


The Colombian governing administration and its establishments launched one particular notable regulatory update in March:

Regulatory exercise Outcomes for business
Resolution 37, DIAN
Printed: March 17th, 2022
“Whereby articles or blog posts 4, 10 and 13 of Resolution 164 of 2021 (Useful owner) of the DIAN are amended.”

Modifications designed:
1. International legal entities whose overall expense in Colombia is not produced in legal entities, long term establishments and/or structures without the need of authorized persona must declare their beneficial proprietor.
2. The expression to declare the RUB variations: The expression will be from September 30 to December 31, 2022.

Costa Rica

The Costa Rican authorities and its establishments introduced a single noteworthy regulatory update in March:

Regulatory activity Results for business enterprise
Legislation No. 10.113

Published: March 2nd, 2022

The regulation seeks to regulate and allow obtain to and use of hashish and its derivatives exclusively for medicinal and therapeutic use and authorizes the manufacturing, industrialization and commercialization of hemp for industrial and food items use.

El Salvador

The Salvadoran authorities and its institutions released one noteworthy regulatory update in March:

Regulatory action Results for organization
Crisis routine decree, productive for 30 days

Printed: March 27th, 2022

Despite the fact that the emergency routine does not right influence businesses, they have been indirectly impacted as overseas buyers see the protection disaster in El Salvador as a threat.


The Uruguayan authorities and its institutions released just one noteworthy regulatory update in March:

Regulatory action Results for company
Decree No. 86/022

Printed: March 17th, 2022

REGULATION OF Legislation 19.978 About TELEWORKING
A legislation was produced in Uruguay to control some principles connected to teleworking.

Biz Latin Hub can guidance you carrying out small business in Latin The united states

At Biz Latin Hub, our multilingual company development, recruitment, accounting, and legal specialists are prepared to assistance you accomplishing business enterprise in Latin The us and the Caribbean. Our comprehensive portfolio of marketplace entry and back-workplace products and services usually means our clientele operate protected in the awareness they have all commercial bases lined and are totally compliant with present-day laws and regulatory demands.

Speak to us now to master more about how we can assist you performing organization.

Or study a lot more about the teams of professionals we have enabling professional enlargement throughout Latin America.

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