Republic of Guatemala
Capital: Guatemala City HDI: 0.627 (128th)
Language: Spanish
GDP (PPP): $124.9 billion
Currency: Quetzal
Population: 15.8 million
Guatemala, a Central American country south of Mexico, is distinguished by its steep volcanoes, vast rainforests and ancient Mayan sites. The capital, Guatemala City, is home to the stately National Palace of Culture, institutions such as the National Museum of Archaeology and Ethnology, and the lively Zona Viva nightlife area. Antigua, west of the capital, contains cobblestone streets and preserved Spanish colonial buildings.
RESEARCH
Economic Overview
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Guatemala Economy 2016, CIA World Factbook
http://www.theodora.com/wfbcurrent/guatemala/guatemala_economy.html
Guatemala is the most populous country in Central America with a GDP per capita roughly one-half that of the average for Latin America and the Caribbean.
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Guatemala: Economy
http://globaledge.msu.edu/countries/guatemala/economy/
Economic data and statistics from Michigan State University
Industry Trends & Business Climate
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Key Business Links | Guatemala City
http://guatemala.usembassy.gov/business-faq/key-business-links.html
Information resources from the US Embassy in Guatemala
Establishing a Presence
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Business Registration Requirements – Opening a Business in Guatemala
http://www.guatemalaweb.com/1/doing.htm
Registering a local corporation is a simple and quick procedure, taking close to 48 hours for provisional registration and a maximum of four months to achieve final registration. Corporations may initiate operations under provisional registration.
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Business Registration Requirements – Starting a Business in Guatemala
http://www.doingbusiness.org/data/exploreeconomies/guatemala/starting-a-business
This site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Guatemala.
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Business Types – Opening a Business in Guatemala
http://www.guatemalaweb.com/1/doing.htm
The various types of legal business structures are described on this site
Taxes
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Guatemala Corporate Tax Rate | 1997-2016
http://www.tradingeconomics.com/guatemala/corporate-tax-rate
The Corporate Tax Rate in Guatemala stands at 25 percent. Corporate Tax Rate in Guatemala averaged 29.66 percent from 1997 until 2015, reaching an all time high of 31 percent in 2001 and a record low of 25 percent in 1998. Corporate Tax Rate in Guatemala is reported by the Superintendence of the Tax Administration.
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Guatemala Corporate – Taxes
http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/JDCN-89HSHS
The tax system of Guatemala is a unitary system, whereby income of all kinds, other than capital gains, is lumped together and subject to a single tax. The components of gross income subject to tax are usually business income, interest, dividends, rent, salaries, and services.
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Guatemala Personal Income Tax Rate | 2004-2016
http://www.tradingeconomics.com/guatemala/personal-income-tax-rate
The Personal Income Tax Rate in Guatemala stands at 7 percent. Personal Income Tax Rate in Guatemala averaged 25 percent from 2004 until 2015, reaching an all time high of 31 percent in 2005 and a record low of 7 percent in 2013. Personal Income Tax Rate in Guatemala is reported by the Superintendence of the Tax Administration.
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Guatemala Individual – Taxes
http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Guatemala-Individual-Taxes-on-personal-income
Guatemala taxes its citizens and resident or non-resident individuals on their compensation attributable to services rendered in Guatemala and on other Guatemalan-source income.
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VAT/Sales Tax – Guatemala Sales Tax Rate | VAT | 2006-2016
http://www.tradingeconomics.com/guatemala/sales-tax-rate
The Sales Tax Rate in Guatemala stands at 12 percent.
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VAT/Sales Tax – Guatemala Sales Tax Rate | VAT Forecast 2016-2020
http://www.tradingeconomics.com/guatemala/sales-tax-rate/forecast
The Guatemala Sales Tax Rate | VAT is projected to trend around 12.00 percent in 2020
Visas
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Guatemala Visa
https://guatemala.visahq.com/
Comprehensive Information on Guatemala Visa Requirements
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Guatemala Visa and Passport Requirements
http://www.worldtravelguide.net/guatemala/passport-visa
Full detail on passports, visas and entry requirements for Guatemala
Infrastructure
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Transportation in Guatemala
http://www.anywhereguatemala.com/transportation
Travelers can use rental cars, private transfers, shuttles, domestic flights, and public buses to get around Guatemala.
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Telecommunications in Guatemala
https://en.wikipedia.org/wiki/Telecommunications_in_Guatemala
Telecommunications in Guatemala include radio, television, fixed and mobile telephones, and the Internet.
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Guatemala – Telecoms
http://www.budde.com.au/Research/Guatemala-Telecoms-IP-Networks-and-Digital-Media-Statistics-and-Analyses.html
Statistics and analyses on the telecom market in Guatemala
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Guatemala Transportation
https://www.virtualtourist.com/travel/Caribbean_and_Central_America/Guatemala/Transportation-Guatemala-TG-C-1.html
119 tips on getting to and getting around Guatemala from real travelers and locals.
Employer Obligations
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Guatemala Working conditions
http://www.nationsencyclopedia.com/economies/Americas/Guatemala-WORKING-CONDITIONS.html
A commentary on the working conditions in Guatemala
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Guide to Law Online: Guatemala
http://www.loc.gov/law/help/guide/nations/guatemala.php
A listing of sources of information on the laws in Guatemala from the Libarary of Congress.
Culture/Living
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Cost of Living in Guatemala
http://www.numbeo.com/cost-of-living/country_result.jsp?country=Guatemala
Average prices of more than 40 products and services in Guatemala. Prices of restaurants, food, transportation, utilities and housing are included.
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Cost of Living in Guatemala City
https://www.expatistan.com/cost-of-living/new-guatemala
A list of the cost of standard items in Guatemala and a guide to the salary necessary to live there
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Business Etiquette – Guatemala – Culture, Customs & Etiquette
http://guide.culturecrossing.net/basics_business_student.php?id=87
A guide to basic and business etiquette customs
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Business Etiquette – Guatemala – Guatemalan Business Etiquette
http://www.cyborlink.com/besite/guatemala.htm
A guide to dress, behavior and communication etiquette in Guatemala
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Safety – Travel Safety in Guatemala
http://gocentralamerica.about.com/od/guatemalaguide/p/GuatemalaSafety.htm
Travel safety and security advice while in Guatemala
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Safety – Guatemala – travel.state.gov
http://travel.state.gov/content/passports/en/country/guatemala.html
See “Safety and Security” on this US Department of State site
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Education – Guatemala Education System
http://www.classbase.com/countries/Guatemala/Education-System
A complete guide to the school system in Guatemala
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Education – International Schools in Guatemala
http://www.expat-quotes.com/guides/guatemala/education/international-schools-in-guatemala.htm
This list contains the most popular international and bilingual schools in Guatemala: nurseryschools, primary and secondary (high) schools
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Public Holidays in Guatemala – World Travel Guide
http://www.worldtravelguide.net/guatemala/public-holidays
2016 public holidays in Guatemanal
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Guatemala public holidays – Lonely Planet
http://www.lonelyplanet.com/guatemala/public-holidays
Public holidays and observances for 2016
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Demographics – CIA World Factbook – Guatemala
https://www.cia.gov/library/publications/the-world-factbook/geos/gt.html
Demographic information and data from the CIA
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Demographics of Guatemala – Wikipedia
https://en.wikipedia.org/wiki/Demographics_of_Guatemala
The Demographics of Guatemala are diverse, the 16,548,168 million people (June 2016)[1] consist primarily of mestizos, Amerindians, and people of European descent. The population is divided almost evenly between rural and urban areas.
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Climate in Guatemala | USA Today
http://traveltips.usatoday.com/climate-guatemala-61299.html
Guatemala has a few surprises in its climate. Because the country is in Central America, most people assume it has a tropical climate; however, despite the tropical location, Guatemala’s mountains alter the weather. While parts of the country have a climate typical of a tropical country, other areas actually see temperatures below freezing.
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Climate – Guatemala Weather, Climate and Geography
http://www.worldtravelguide.net/guatemala/weather-climate-geography
Guatemala’s weather is eternally comfortable: neither too hot nor too cold. Its seasons tend to be divided into the dry season and the wet season
Trade
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Guatemala Customs Regulations
https://guatemala.visahq.com/customs/
Guatemala Customs regulations and procedures for importing and exporting goods at border.
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Export.gov
http://export.gov/guatemala/
Cntact information for Global Markets at the US Embassy in Guatemala for information on trade policy.
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SICE: Countries: Guatemala : Trade Policy Documents
http://www.sice.oas.org/ctyindex/GTM/GTMagreements_e.asp
A comprehensive list of trade agreements for Guatemala and other central american countries
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Central America Free Trade Agreement
http://export.gov/elsalvador/u.s.centralamericafreetradeagreement/index.asp
An explanation of the Central America Free Trade Agreement that includes Guatemala
Housing and Rentals
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Guatemala Corporate Housing and Extended Stay Hotels
http://guatemala.biz-stay.com/
Find short-term furnished apartments and extended stay hotels with Biz-stay.com’s comprehensive directory.
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Top 10 Hotels in Antigua Guatemala
http://www.hotels.com/de1635869/hotels-antigua-guatemala-guatemala/
Compare 76 hotels in Antigua Guatemala using 2396 real guest reviews
Travel
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Guatemala – Lonely Planet
https://www.lonelyplanet.com/guatemala
A listing of top destinations and experiences in Guatemala
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Guatemala Travel
http://www.roughguides.com/destinations/central-america-and-the-caribbean/guatemala/
Spanning a mountainous slice of Central America immediately south of Mexico, Guatemala is loaded with incredible natural, historical and cultural appeal.
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