Regulatory update: Changes in November 2022

Ronda Beazley

The legal and accounting teams at Biz Latin Hub’s offices in Bolivia, Chile and Paraguay reported the following regulatory updates in November 2022 that could affect your business interests.

At Biz Latin Hub our multilingual teams of corporate support specialists based throughout Latin America and the Caribbean offer tailored packages of integrated back-office services, including legal, accounting, and recruitment, among other solutions to assist companies and investors doing business in the region.

If you are interested in doing business in Latin America and would like to learn more about how we can help you bridge cultural and linguistic barriers when entering the region, as well as support ongoing operations, contact us today.


The Bolivian government and its institutions introduced three notable regulatory updates in November:

Regulatory activity Outcomes for business
Resolución Ministerial N° 1377/22

Published: November 1st, 2022

Protocol for  the restitution of labor rights.
Resolución Normativa de Directorio N°102200000024

Published: November 11th, 2022

Describes the 4th  group of taxpayers that must implement the online invoicing system.
Decree Supreme N°4828

Published: November 23rd, 2022

Exemption, Extension, Definition, Validity And Requirements For Tourism  Visas And Entry Authorizations.


The Chilean government and its institutions introduced one notable regulatory update in November:

Regulatory activity Outcomes for business
Law 21.505

Published: November 21st, 2022

Promotes electrical energy storage and electro mobility.


The Paraguayan government and its institutions introduced one notable regulatory update recently:

Regulatory activity Outcomes for business
Law No. 6984/2022 ON MIGRATION

Published: October, 2022

Law 6984/2022 establishes a new legal order aimed at modernizing the national migration management and the hierarchy of the institution in charge of its application.

Biz Latin Hub can support you and your business in Latin America

At Biz Latin Hub, we have a multilingual team for legal, accounting, recruitment and company formation services, ready and waiting to support your business efforts in the Caribbean and Latin America.

Our broad range of services allow our clients to do business with the peace-of-mind that they have checked all the commercial boxes, and that they are compliant with all the relevant legislative and regulatory criteria.

To learn more about how we can assist you in doing business in Latin America, contact us.

Also, you can learn more about our team of professionals and how they are enabling commercial growth across Latin America.

how can we help you opening a corporate bank account in latin america? a biz latin hub infographic.
Regulatory updates in Latin America and the Caribbean. Services offered by Biz Latin Hub. Open a corporate bank account.

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