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Globalpedia

Expand your global workforce in GtGuatemala

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Population

17,980,803

Languages

1.

Spanish

Country Capital

Guatemala City

Currency

Quetzal (GTQ)

EOR Default Thumbnail

Employer of Record in Guatemala.

G-P’s Employer of Record (EOR) model allows your company to start hiring talent in minutes via our global entity infrastructure. Unlike a Professional Employer Organization (PEO), G-P allows your company to expand your global footprint without the hassle of entity setup and management.

11Holidays per year
44hours per weekWorking hours per day or month
Payroll Default Thumbnail

Payroll in Guatemala.

Guatemala is a Central American country bordering the Pacific Ocean and the Caribbean Sea. Its large talent pool and connection to other Central American countries make it a great place for companies to expand to. However, expanding to Guatemala can turn into a complicated process as you will have to manage payroll, hiring, benefits, and more while continuing to run your parent company.

Hiring in GtGuatemala.

Recruiting and hiring are important steps for every growing company, no matter where you’re located. When expanding to Guatemala, you’ll need to find talented candidates to fill your open positions, while following the country’s employment compliance laws throughout the entire process.

Compensation & Benefits in Guatemala.

When you open a new business location in Guatemala, you have plenty of different factors to worry about. Compensation and benefits are top priorities for both your company and your team. You must meet Guatemala’s compensation laws and come up with a benefits management plan that includes statutory and additional benefits. Here are a few important things to consider when building a benefits plan in Guatemala.

GTQ101.05 per dayMinimum wage per month
15daysAnnual vacation leave (min)
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Guatemala Subsidiary.

Choosing to expand to Guatemala will provide many benefits to your company — you can form new business relationships, add talented employees to your team, and begin global operations. However, you need to learn how to set up a Guatemala subsidiary, hire employees, and give out compensation and benefits to ensure a successful expansion.

Work visas & permits in GuatemalaTypes of work visasRequirements to obtain a visaApplication processImportant considerations

Guatemala Visas & Permits.

Guatemala is a Central American country with so much to offer — including lucrative opportunities for international businesses and employees. If your company is planning to expand to Guatemala, you’ll likely need a team of skilled employees to make the move with you. But before they can begin living and working in Guatemala, your company will need to ensure that they have the proper permits to do so.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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GtGuatemala.

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