5 LatAm offices report changes in June 2022


The authorized and accounting groups at Biz Latin Hub’s places of work in Chile, Colombia, Costa Rica, Paraguay and Peru reported the adhering to regulatory updates in June 2022 that could affect your organization pursuits.

At Biz Latin Hub our multilingual teams of corporate guidance experts primarily based all through Latin The united states and the Caribbean supply tailored deals of integrated back again-business office products and services, like authorized, accounting, and recruitment, among the other remedies to support companies and buyers doing organization in the region.

If you are fascinated in doing business in Latin America and would like to discover additional about how we can aid you bridge cultural and linguistic boundaries when entering the region, as very well as assist ongoing functions, speak to us these days.


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

Regulatory activity Results for company
Regulation 21.465

Revealed: 14.06.2022

The restrict of the gasoline rate stabilization system produced by law no. 20,765 is greater and the weekly adjustment threshold is current.


The Colombian governing administration and its establishments introduced just one noteworthy regulatory update in June:

Regulatory activity Outcomes for enterprise
Law 2213 of 2022

Released: 13.06.2022

Technological steps are adopted to boost judicial treatments in Colombia.

Costa Rica

The Costa Rican govt and its institutions launched a single notable regulatory update in June:

Regulatory exercise Results for organization
Decree that makes it possible for for the homologation of sanitary registrations for medicines

Published: 22.06.2022

The Ministry of Wellness signed a decree to homologate sanitary registries of medications granted by the regulatory authorities that are members of the Worldwide Council for Harmonization.


The Paraguayan government and its institutions launched 1 noteworthy regulatory update in June:

Regulatory exercise Results for organization
Conasam: 11.4% minimum amount wage readjustment

Revealed: 13.06.2022

The Central Bank had informed the company that the variation in the Consumer Price Index (CPI) in the interval June 2021 to Could 2022 was 11.4%. The latest minimal wage of 2,289,324 and according to the readjustment request will go to 2,550,307 guaraníes as of July 1.


The Peruvian government and its institutions released one particular noteworthy regulatory update in June:

Regulatory action Outcomes for organization
Regulation 31501

Posted: 10.06.2022

Modifies the Penal Code in purchase to reinforce the battle from the crimes of Fraudulent Administration, Parallel Accounting and Transnational Bribery.

Biz Latin Hub can support you and your business in Latin The us

At Biz Latin Hub, we have a multilingual group for authorized, accounting, recruitment and firm development providers, completely ready and waiting to help your enterprise endeavours in the Caribbean and Latin The usa. Our wide variety of solutions allow for our purchasers to do business with the peace-of-head that they have checked all the professional boxes, and that they are compliant with all the pertinent legislative and regulatory conditions.

To study far more about how we can support you in performing organization in Latin The usa, get in touch with us.

Also, you can master more about our group of pros and how they are enabling business expansion across Latin The us.

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