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What is Registering a Company in Guatemala about?

There are two main ways to register a business in Guatemala: as a sole trader or through a corporation. Registering a business as a sole trader is a simpler process that can take 1-2 weeks, while registering a corporation is more complex and involves drafting a notarized public deed that can take 2-3 weeks. In addition to the differences in the registration process, each structure has different legal requirements and benefits that the entrepreneur must consider to decide which is the best option.

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