Fees and timelines in 2022

Fees

payment by instalmentGuatemala company registration costs for an LLC in Year 1 amount to US$3,500 and annual company costs in Year 2 and thereafter will amount to US$0. The average fee per engagement amounts to US$8,640 including i) company setup ii) opening an account to enable business banking in the country iii) resident director services and iv) government fees.

Refer to the sample draft invoice below.

Different Guatemala entity types Cost Draft invoice
Tax resident LLC US$8,640 View invoice PDF
PLC US$9,640 View invoice PDF
Branch of a foreign company US$10,640 View invoice PDF

Timelines

The average Guatemala company registration period is 14 weeks as outlined below:

Service LLC SA Branch Rep. office
Engagement planning 2 weeks 3 weeks 4 weeks 4 weeks
Company incorporation period 5 weeks 5 weeks 6 weeks 6 weeks
Bank account approval 3 weeks 5 weeks 6 weeks 6 weeks
Internet banking approval 3 weeks 1 week 1 week 1 week
Engagement completion 1 week 1 week 1 week 1 week
Total engagement period 14 weeks 15 weeks 18 weeks 18 weeks


japan business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Guatemala, please contact our in-house country expert, Mr. Seth Ochieng, directly:
Director of Client Engagements - Seth
  • Mr. Seth Ochieng
  • Director of Client Engagements
  • Contact me!
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