Guatemala

Operating a business

Different types of companies	Number of partners/shareholders	Maximum and/or minimum capital	Liabilities	Registration fees
La Sociedad de Responsabilidad Limitada is a Private Limited Company.	Minimum 2 partners. Maximum 20 partners.		Liability is limited to the amount contributed.
La Sociedad Anonima is a Public Limited Company	Minimum 2 partners.		Liability is limited to the amount of holding stock.
La Sociedad Collectiva is a general partnership.	Minimum 2 partners.		Partners' liability is unlimited and several.
La Sociedad en Comandita Simple is a limited partnership.	Two types of partners: active partners and sleeping partners.		Liability of active partners is unlimited. Liability of sleeping partners is limited to the amount contributed as long as they do not take part in the company management.
La Sociedad en Comandita por Acciones is a partnership limited by shares.	Two types of partners: active partners and sleeping partners.		Liability of active partners is unlimited. Liability of sleeping partners is limited to the amount of shares held as long as they do not take part in the company management.

Minimum wage: varies depending on the activity sector : USD6.95 per day in agricultural sector and USD7.12 in non-agricultural sector.
Social contributions