Latin America offers immense potential for international companies, with dynamic markets, abundant resources, and favorable investment climates. At Ongresso, we specialize in guiding enterprises through seamless expansions into the region. Establishing a legal entity is a critical move that enables independent operations, local hiring, contract fulfillment, and access to incentives while providing liability protection.
Setting up locally creates a separate legal persona for your business, allowing revenue streams, tender participation, and eligibility for subsidies or tax breaks. Recent reforms in many countries have simplified processes for foreigners, often permitting full ownership and flexible structures to reduce administrative burdens.
Align your choice with business objectives, ownership model, and local laws. Common structures for foreign investors include:
Begin by searching the commercial registry's database for name uniqueness. Develop foundational documents like bylaws, articles of association, or founding acts, should detail:
We provide tailored templates compliant with local norms, handle notarizations, apostilles, and translations to meet transparency requirements.
Lodge your paperwork with the appropriate authority, such as a notary public, chamber of commerce, or registry office. This may require authenticated signatures and supporting IDs or powers of attorney.
Once validated, you'll obtain your registration certificate, confirming the entity's legal status. Ongresso manages submissions, communicates with officials, and addresses queries to accelerate approvals.
Registries typically coordinate with fiscal authorities to issue a tax number (e.g., RUC, NIT, CNPJ, or RFC), enrolling you in the tax system and possibly requiring owner declarations. This identifier is vital for invoicing, employment, and commerce. Our services ensure smooth synchronization with these agencies.
Establish mandatory books like shareholder registers, minute books, and financial ledgers, with potential notarization obligations. Further actions could involve social security registrations, business licenses, or sector-specific clearances. With these in place, your entity is operational-ready.
Though optional, a regional account streamlines payments and collections but involves strict KYC checks for international firms. Ongresso assists by compiling compliance packages, recommending banks, facilitating meetings, and configuring secure features to improve success rates via our partnerships.
By following these strategies, you create a solid platform for sustainable expansion, minimizing risks and maximizing opportunities. Navigating diverse rules requires specialized knowledge to avoid delays.
Ongresso delivers comprehensive assistance in formation, regulatory adherence, recruitment, and more across Latin America. Leverage our on-the-ground insights for customized, efficient strategies.