Regulatory update: Changes in November 2022
The legal and accounting teams at Biz Latin Hub’s offices in Bolivia, Chile and Paraguay reported the following regulatory updates in November 2022 that could affect your business interests.
At Biz Latin Hub our multilingual teams of corporate support specialists based throughout Latin America and the Caribbean offer tailored packages of integrated back-office services, including legal, accounting, and recruitment, among other solutions to assist companies and investors doing business in the region.
If you are interested in doing business in Latin America and would like to learn more about how we can help you bridge cultural and linguistic barriers when entering the region, as well as support ongoing operations, contact us today.
Bolivia
The Bolivian government and its institutions introduced three notable regulatory updates in November:
| Regulatory activity | Outcomes for business |
| Resolución Ministerial N° 1377/22
Published: November 1st, 2022 |
Protocol for the restitution of labor rights. |
| Resolución Normativa de Directorio N°102200000024
Published: November 11th, 2022 |
Describes the 4th group of taxpayers that must implement the online invoicing system. |
| Decree Supreme N°4828
Published: November 23rd, 2022 |
Exemption, Extension, Definition, Validity And Requirements For Tourism Visas And Entry Authorizations. |
Chile
The Chilean government and its institutions introduced one notable regulatory update in November:
| Regulatory activity | Outcomes for business |
| Law 21.505
Published: November 21st, 2022 |
Promotes electrical energy storage and electro mobility. |
Paraguay
The Paraguayan government and its institutions introduced one notable regulatory update recently:
| Regulatory activity | Outcomes for business |
| Law No. 6984/2022 ON MIGRATION
Published: October, 2022 |
Law 6984/2022 establishes a new legal order aimed at modernizing the national migration management and the hierarchy of the institution in charge of its application. |
Biz Latin Hub can support you and your business in Latin America
At Biz Latin Hub, we have a multilingual team for legal, accounting, recruitment and company formation services, ready and waiting to support your business efforts in the Caribbean and Latin America.
Our broad range of services allow our clients to do business with the peace-of-mind that they have checked all the commercial boxes, and that they are compliant with all the relevant legislative and regulatory criteria.
To learn more about how we can assist you in doing business in Latin America, contact us.
Also, you can learn more about our team of professionals and how they are enabling commercial growth across Latin America.
