Guatemala

Ease of Doing Business in

Guatemala

This page summarizes Doing Business 2013 data for Guatemala. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Latin America & Caribbean
Income Category Lower middle income
Population 14,757,316
GNI Per Capita (US$) 2,870
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
93 98 down 5

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
60.9 59.8 down 1.1
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 172 168 up -4
Dealing with Construction Permits 94 146 up 52
Getting Electricity 34 33 up -1
Registering Property 20 22 up 2
Getting Credit 12 9 up -3
Protecting Investors 158 155 up -3
Paying Taxes 124 121 up -3
Trading Across Borders 117 115 up -2
Enforcing Contracts 96 98 up 2
Resolving Insolvency 109 107 up -2

Economy Profile

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Paying Taxes

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This data shows the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes.

DB 2013 Rank 124 DB 2012 Rank 121 Change in Rank down-3
DB 2013 DTF** (% points) 65.2 DB 2012 DTF** (% points) 64.6 Improvement in DTF** (% points) up0.6
Indicator Guatemala Latin America & Caribbean OECD

The total number of tax payments per year. The indicator reflects the total number of taxes and contributions paid, the method of payment, the frequency of payment and the number of agencies involved for a standardized case during the second year of operation.

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Payments (number per year)
24 30 12

The time it takes to prepare, file and pay (or withhold) the corporate income tax, the value added tax and social security contributions (in hours per year).

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Time (hours per year)
332 367 176

The amount of taxes on profits paid by the business as a percentage of commercial profits.

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Profit tax (%)
25.9 21.5 15.2

The amount of taxes and mandatory contributions on labor paid by the business as a percentage of commercial profits.

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Labor tax and contributions (%)
14.3 14.4 23.8

The amount of taxes and mandatory contributions paid by the business as a percentage of commercial profit that are not already included in the categories of profit or labor taxes.

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Other taxes (%)
0.7 11.3 3.7

The total tax rate measures the amount of taxes and mandatory contributions payable by the business in the second year of operation, expressed as a share of commercial profits.

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Total tax rate (% profit)
40.9 47.2 42.7
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 1 online filing 44 31% or 5% taxable profit 25.9
Solidarity tax (ISO) 4 1% net asset or gross income 17.7 included in other taxes
Employer paid - Social security contributions 12 132 13% gross salaries 14.3
Property tax 4 1% property value 0.5
Tax on interest 1 10% interest income 0.3
Value added tax (VAT) 1 online filing 156 12% value added 0 not included
Advertising tax 1 1% advertising expenses 0
Totals: 24 332 40.9

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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