6 LatAm Offices Report Changes in March 2022

6 LatAm Offices Report Changes in March 2022


The authorized and accounting teams at Biz Latin Hub’s offices in Bolivia, Chile, Colombia, Costa Rica, El Salvador and Uruguay described the next regulatory updates in March 2022 that could influence your enterprise pursuits.

At Biz Latin Hub our multilingual teams of corporate support experts based mostly in the course of Latin The usa and the Caribbean give tailor-made offers of built-in again-office expert services, together with lawful, accounting, and recruitment, amid other alternatives to aid corporations and buyers executing business enterprise in the location.

If you are fascinated in doing enterprise in Latin America and would like to learn extra about how we can assist you bridge cultural and linguistic obstacles when entering the area, as properly as assistance ongoing operations, call us nowadays.


The Bolivian government and its institutions introduced 1 noteworthy regulatory update a short while ago:

Regulatory activity Results for business
Decree Supreme N° 4596

Released: February 1st, 2022
New Plurinational Business Registry Assistance (SEPREC) begins things to do as of April 1, changing Fundempresa.


The Chilean federal government and its institutions introduced one particular noteworthy regulatory update in March:

Regulatory action Results for enterprise
Law 21.431

Posted: March 11th, 2022
Updates the Labor Codex extending its protection and achieve to employees from “digital providers platforms” (Applications).


The Colombian governing administration and its establishments released a single notable regulatory update in March:

Regulatory exercise Results for organization
Resolution 37, DIAN
Posted: March 17th, 2022
“Whereby articles 4, 10 and 13 of Resolution 164 of 2021 (Effective operator) of the DIAN are amended.”

Improvements created:
1. Overseas legal entities whose full financial investment in Colombia is not made in authorized entities, long term establishments and/or structures devoid of legal identity will have to declare their advantageous owner.
2. The expression to declare the RUB improvements: The phrase will be from September 30 to December 31, 2022.

Costa Rica

The Costa Rican authorities and its establishments launched just one notable regulatory update in March:

Regulatory exercise Outcomes for business
Legislation No. 10.113

Printed: March 2nd, 2022

The legislation seeks to control and make it possible for entry to and use of cannabis and its derivatives solely for medicinal and therapeutic use and authorizes the production, industrialization and commercialization of hemp for industrial and food stuff use.

El Salvador

The Salvadoran federal government and its establishments released a single noteworthy regulatory update in March:

Regulatory activity Results for enterprise
Crisis regime decree, productive for 30 times

Released: March 27th, 2022

While the crisis routine does not straight have an affect on enterprises, they have been indirectly afflicted as overseas traders see the protection crisis in El Salvador as a threat.


The Uruguayan governing administration and its institutions launched just one notable regulatory update in March:

Regulatory exercise Outcomes for business enterprise
Decree No. 86/022

Revealed: March 17th, 2022

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

Biz Latin Hub can support you executing enterprise in Latin The usa

At Biz Latin Hub, our multilingual company formation, recruitment, accounting, and authorized industry experts are prepared to assistance you performing enterprise in Latin America and the Caribbean. Our detailed portfolio of industry entry and again-office environment companies means our customers work risk-free in the awareness they have all business bases lined and are fully compliant with present legislation and regulatory specifications.

Make contact with us now to understand much more about how we can aid you undertaking small business.

Or find out far more about the teams of professionals we have enabling professional expansion throughout Latin The us.

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