Guatemala is a country in Central America bordered by Mexico to the north and west, the Pacific Ocean to the southwest, Belize to the northeast, the Caribbean to the east, Honduras to the east and El Salvador to the southeast. With an estimated population of around 16.6 million, it is the most populated state in Central America. Guatemala is a representative democracy; its capital and largest city is Nueva Guatemala de la Asunción, also known as Guatemala City.
Capital: Guatemala City
Corporate tax rate:25% Territorial tax system. Only profits derived from Guatemala are taxed.
Personal tax rate: 0-7% Territorial tax system. Only profits derived from Guatemala are taxed.
Capital gains tax: 5-10%
Tax residence: 183 days rule or the individuals’ central place of business is in Guatemala: Territorial income is taxed with some exceptions.
CFC Rules: No
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