5 LatAm offices report changes in June 2022

The lawful and accounting groups at Biz Latin Hub’s workplaces in Chile, Colombia, Costa Rica, Paraguay and Peru reported the next regulatory updates in June 2022 that could have an effect on your organization interests.

At Biz Latin Hub our multilingual teams of corporate guidance experts based mostly through Latin The united states and the Caribbean provide personalized packages of integrated back again-office expert services, together with authorized, accounting, and recruitment, among the other solutions to support firms and investors undertaking small business in the region.

If you are fascinated in doing business enterprise in Latin America and would like to understand additional about how we can assist you bridge cultural and linguistic barriers when entering the area, as nicely as aid ongoing functions, get hold of us now.


The Chilean government and its establishments released just one notable regulatory update in June:

Regulatory action Outcomes for enterprise
Law 21.465

Printed: 14.06.2022

The limit of the fuel rate stabilization system made by regulation no. 20,765 is increased and the weekly adjustment threshold is up to date.


The Colombian authorities and its institutions launched one noteworthy regulatory update in June:

Regulatory exercise Results for small business
Regulation 2213 of 2022

Published: 13.06.2022

Technological actions are adopted to increase judicial procedures in Colombia.

Costa Rica

The Costa Rican govt and its institutions released 1 noteworthy regulatory update in June:

Regulatory exercise Results for organization
Decree that allows for the homologation of sanitary registrations for medications

Published: 22.06.2022

The Ministry of Health signed a decree to homologate sanitary registries of medications granted by the regulatory authorities that are customers of the Global Council for Harmonization.


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

Regulatory action Results for company
Conasam: 11.4% bare minimum wage readjustment

Printed: 13.06.2022

The Central Financial institution had educated the company that the variation in the Buyer Price tag Index (CPI) in the period of time June 2021 to May possibly 2022 was 11.4%. The current least 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 authorities and its establishments launched one particular notable regulatory update in June:

Regulatory action Outcomes for enterprise
Regulation 31501

Printed: 10.06.2022

Modifies the Penal Code in order to reinforce the combat against the crimes of Fraudulent Administration, Parallel Accounting and Transnational Bribery.

Biz Latin Hub can guidance you and your enterprise in Latin The usa

At Biz Latin Hub, we have a multilingual workforce for lawful, accounting, recruitment and organization development services, completely ready and waiting to aid your organization endeavours in the Caribbean and Latin The us. Our wide vary of products and services let our customers to do business enterprise with the peace-of-thoughts that they have checked all the commercial packing containers, and that they are compliant with all the appropriate legislative and regulatory conditions.

To understand far more about how we can help you in executing business enterprise in Latin America, get hold of us.

Also, you can discover much more about our team of specialists and how they are enabling professional development across Latin The united states.

5 LatAm offices report changes in June 2022
Key expert services supplied by Biz Latin Hub