Guatemala flag Guatemala: Operating a Business in Guatemala

Starting a business in Guatemala

Legal Forms of Companies

Sociedad de Responsabilidad Limitada is a Private Limited Company.
Number of partners: Minimum 2 partners, maximum 20.
Capital (max/min): GTQ 200
Shareholders and liability: Liability is limited to the investment capital.
Sociedad Anonima is a Public Limited Company
Number of partners: Minimum 2 partners.
Capital (max/min): GTQ 200
Shareholders and liability: Liability is limited to the amount of shares held.
Sociedad Collectiva is a general partnership
Number of partners: Minimum 2 partners.
Capital (max/min): GTQ 200
Shareholders and liability: Partners' liability is unlimited and joint.
Sociedad en Comandita Simple is a limited partnership
Number of partners: Two types of partners: active partners and sleeping partners.
Capital (max/min): GTQ 200
Shareholders and liability: Liability of active partners is unlimited. Liability of sleeping partners is limited to the amount contributed as long as they do not take part in the company management.
Sociedad en Comandita por Acciones is a partnership limited by shares
Number of partners: Two types of partners: active partners and sleeping partners.
Capital (max/min): GTQ 200
Shareholders and liability: Liability of active partners is unlimited. Liability of sleeping partners is limited to the amount of shares held as long as they do not take part in the company management.
The Competent Organisation
Company registration is done at the Registro Mercantil.
Company Directories
Companies Registry
 
Setting Up a Company Guatemala Latin America & Caribbean
Procedures (number) 6.0 8.0
Time (days) 15.0 25.2

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Guatemala.
Trade Register

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Latest Update: July 2022