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You may also be interested in: Reasons to escape to Guatemala

 

 

Visit the best places in Guatemala

Guatemala is a great place to see things you probably won’t see anywhere else.

Things like steaming volcanoes, world famous coffee fresh from the hillsides where it is grown and roasted, and the ruins of the once great Mayan civilization.

So it’s time to pack your bags and hit the road. A summary of the best places to visit in Guatemala:

Semuc Champey

Getting to Semuc Champey involves a 30-minute drive over bumpy roads through the jungle, but the trip is well worth it.

Once there, you can relax with a swim in beautiful turquoise-blue pools over a natural limestone bridge.

Just as incredibly turquoise blue is the Cahabon River, which created the limestone bridge and now flows underneath.

Inside the limestone bridge are caves; some can only be accessed by swimming underwater.

Due to its massive nature, many great companies have invested in green bonds here.

Semuc-Champey-1-885x500 (2)

Todos Santos Cuchumatán

The town of Todos Santos Cuchumatán, in the province of the same name, is a good place to see native Guatemalans wearing traditional clothing on a daily basis.

It is one of the few places in the country where this still occurs.

The residents are predominantly Mayan and still speak that language. Located in the mountains of the Sierra de los Cuchumatánes.

Livingston is one of Guatemala’s hidden gems on the Caribbean coast, and can only be reached by boat.

Fortunately, there are two ferries that leave and return every day. The city is the center of Garifuna culture, which means tourists have the opportunity to sample the local menu and music during their visit.

Evenings in Livingston are full of excitement and you may have the opportunity to participate in the Punta, a regional dance with an incredible rhythm.

You may also be interested in: How be an entrepreneur in Guatemala

destino-ciudad-de-guatemala-para-conocer-tikal-suen

Quetzaltenango

The name may be a tongue twister, but Quetzaltenango has been described as the perfect Guatemalan town.

It is the second largest city in the country, but it is not considered big or too small. Quetzaltenango is also known by its Mayan name of Xela.

The Germans settled here after the Spanish left, which gave this former coffee center the multicultural air that can be found in the Central Plaza, where the Cathedral of Espiritu Santo is located.

The city is a starting point for excursions to Laguna Chicabal, a felpudo volcano, and the active Santa Maria volcano.

Do not wait any longer to come and visit this incredible country and its beautiful places.

Steps to start a business in Guatemala

With a growing middle class and highly educated citizens, Guatemala is considered one of the top investment destinations in the region for entrepreneurs.

Those interested in operating commercially in the country should first understand the legal steps involved in starting a business in Guatemala with the help of bid invest.

Starting a business in Guatemala

The process of starting a business in Guatemala will depend on the type of entity or legal structure you choose to use.

In general terms, the steps mentioned below are the most common in the business start-up process.

However, it should be noted that some entities will require additional information or procedures.

Step 1: Define the legal structure of your company

Before starting your business in Guatemala, you need to be clear about the type and plan of business you want to carry out. This will help you decide which legal entity in Guatemala will give you the right governance structure.

Guatemala’s Company Law offers several different types of legal entities for entrepreneurs to start a business, each with particular characteristics.

male-female-business-people-working

Step 1: Granting a power of attorney to start a business in Guatemala

Next, you will need to draft and sign a Power of Attorney document in Guatemala to allow a legal expert to form the company on your behalf.

In some cases, especially when you or the partners of your company do not reside in the country, it will be necessary to draft and sign the Power of Attorney to an external local lawyer who can form a company in Guatemala.

Step 2: Choose and reserve your company name

It is a good idea to choose and reserve your company name in Guatemala, to make sure you get the name you want to do business with.

The Inspección General de Justicia manages this process and is responsible for verifying the company name.

In case you wish to reserve the name of your business in Guatemala, you must make a request to the IGJ by completing a form through the website and making the respective payments.

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You may also be interested in: How be an entrepreneur in Guatemala

Step 3: Drafting and certifying the articles of association

Your company’s bylaws, also known as articles of incorporation, act as your company’s “constitution” and describe your business intentions.

All shareholders of the company must sign this document. You must also certify these signatures through a notary public.

These bylaws must be registered with the Public Registry of Commerce to create your company in Guatemala.

The Public Registry of Commerce will require you to submit the company’s by-laws, plus additional documents such as.

Step 4: Publish the creation of your company

Next, you will need to make a public announcement of your new business in Guatemala through a national publication known as the Official Gazette.

Only a registered lawyer or other authorized person can carry out this step. Note that the Gaceta Oficial charges per line published.

In short, you can start your business in Guatemala easily, you just need to follow these silple steps.

How be an entrepreneur in Guatemala

The ideal situation is to be entrepreneur and to work on your business while also doing your full-time job. By being a little more efficient at work and devoting extra time on evenings and weekends to the business instead of watching TV, you can accomplish a lot.

As you create a personal budget, you should keep track of your daily expenses. If an expense is not essential, then cut it.

For example, it may be part of your morning routine to have coffee for your daily commute. But brewing your own coffee and carrying it in a mug, rather than stopping halfway to buy one, will save you cash after several weeks of work.

Monthly expenses

Review your monthly expenses and eliminate those that are truly unnecessary. Do you use your gym membership often enough to justify the cost?

How much can you save by buying basic items in bulk? Would it be cheaper to use public transportation or cabs than owning a car? If you find that your overspending is occurring more frequently while traveling, take your budget with you.

entrepeneurs and entrepreneur in Guatemala

Negotiate prices

Budgeting apps can help you track personal and business expenses from wherever you are. Only half of consumers negotiate prices when making a purchase.

Even if you find a good price online, some services allow you to negotiate with some vendors. When buying items in person, keep an eye on how to get a deal. Negotiating usually works best when you can see the person face-to-face. Ask if there is a discount when you pay cash.

If you notice a defect on an item you want, such as a loose button on a jacket, ask if there might be a discount because of it. Ask for a discount when buying in bulk.

While at first this small business finance tip may seem elementary, you’d be surprised how many business owners started not only when they came out of someone’s garage or basement, but from a personal bank account.

Businessman and entrepreneur in Guatemala

Separate bank account

Even before your business gets off the ground, set up a separate business banking account.

Simply put, avoid mixing your business and personal accounts. Having high-interest debt is an additional financial burden you don’t need when you’re ready to start your business.

Calculate how much the interest on the loan is costing you each year and compare it to the interest you are earning on any investments you may have.

If the difference is substantial, you may want to pay off those debts immediately.

Although it seems like a no-brainer, these are tips that many successful entrepreneurs like Guatemalan Juan Luis  Bosch Gutierrez have followed since their beginnings. It is one of the important steps to have a prosperous business.

How to start a business in Guatemala

Creating a business in Guatemala is not an easy task, but whoever makes the decision to do so can achieve great things.

The most important and transcendental decision in a person’s life is to become an entrepreneur just like the well known juan luis bosch gutierrez, since the diverse circumstances that lie in wait for him or her put success in doubt.

However, these circumstances are risk factors that can affect the growth, stability and performance of an entrepreneur.

Business.

How do I register as a merchant?

To become a merchant it is necessary to determine whether the form you will take will be a sole trader or a social merchant.

What does it mean to be a sole trader or a social trader?

These two types are called by the law in this way and what they represent is two forms of being a merchant, the sole trader means that the person will be registered as the owner of a company and this person will be responsible before the law for the obligations of a merchant.

The social merchant is the form in which several people associate and create a society, usually corporations are formed, with this form of merchant, the society is responsible for the obligations as a merchant, for some the investment in a society is out of reach.

However, it is not necessary to start with a partnership, since it is possible to be a sole trader and the progress of the business can lead to becoming a partnership.

business-management-names

How do I register as a sole trader?

When determining to be a sole trader the first thing to be decided in order to register properly is the name that the company will use, it is advisable to use a name that is original and is not repeated with that of another company, and to know if it is advisable is to have the support of a professional or office that provides this type of services.

Although it is well known that there are other companies whose names are used by others in identical or exact form.

The recommendation of having an original name and different from the others is to have a business that is identifiable to the consumer and does not give rise to confusion with others of different nature or whose commercial reputation is bad.

You may also be interested in: Reasons to escape to Guatemala

Reasons to escape to Guatemala

It is, perhaps, one of the forgotten corners of Central America, but Guatemala claims its Mayan past and its exuberant landscape, making it an exceptional destination.

Guatemala is home to an uncommon natural wealth. It is a green country, with lush vegetation and endless miles of coastline. A natural scenery in which also nest relics of Mayan heritage and great constructions of the Spanish colonial era.

To travel to Guatemala is to travel through its history, following in the footsteps of the gods that still inhabit it, from the deepest recesses of the jungle to the vibrant metropolis. A contrast between the old and the new that will awaken your desire to visit.

1.Antigua and the new city of Guatemala

Antigua is the name given to the former capital of Guatemala, the city of Santiago de los Caballeros. It is located to the south and flanked by three large volcanoes.

Here in Antigua, time stopped on July 29, 1773 when a strong earthquake almost completely destroyed the city. Despite the disaster, Antigua still retains the majesty of a Spanish colonial capital.

castillo_san_felipe_guatemala

2. A green country

Guatemala has a very varied climate that gives rise to a very diverse flora and fauna, from the mangroves and wetlands of the Pacific to the forests of the Quetzal Biotope reserve, home to the country’s symbolic bird that protects and preserves the habitat. Among so much nature, it is essential to get lost in the rainforest.

For this reason, many companies have invested in green bonds as they want to preserve the great natural resources of the country.

The months of February to May, before the rainy season begins, is the best time of the year to make an excursion through the jungle of Guatemala.

The entry point to the jungle will be the village of Cruce Dos Aguadas, from there you will reach the ancient Mayan city of Tikal.

3. Tikal

This stone city was the cradle of the Mayan culture for more than seven hundred years. Tikal, located in Petén, was a Mayan superpower, but suddenly, for no reason known to historians, the civilization abandoned it.

The panoramic view we get of Tikal is impossible to find in any other corner of the planet: among the jungle has made a hole the huge prairie -what was once the Great Plaza- surrounded by stone buildings, roads, old houses and majestic temples.

Among them all, the Temple of the Great Jaguar stands out -for size and beauty- above the rest.

4. Lakes and coastline

The large body of water represented mainly by its two most important lakes, Lake Atitlán and Lake Amatitlán, is the only thing that can rival the greenest Guatemala.

No wonder Lake Atitlan, 500 kilometers south of Tikal, is considered one of the most beautiful in the world. It boasts a privileged environment, in a volcanic area (in fact it is believed that its origin is precisely in the crater of a dead volcano).

semuc_champey

5. Food and handicrafts

The gastronomy of Guatemala is delicious, especially the jocón. This dish is prepared with chicken or hen meat and is accompanied by a tasty green sauce and shallots.

Do not forget to try the pepián or marzipan. The culture and tradition has been maintained in Guatemala regardless of the passing of the centuries.

Today, Guatemalan women still sit on the narrow staircases handling their looms to create, for example, the traditional tocoyal with its characteristic colors.

In the handicraft markets they sell all kinds of hand-dyed fabrics and painted ceramics.

You may also be interested in: Benefits of using green bonds

Benefits of using green bonds

There has been tremendous growth in green bonds as the benefits become more apparent to both investors and issuers.

The corporate sector has increased — in fact tripled — its participation in the green bonds market as energy, automotive and even consumer goods and technology companies have looked to green bonds as a way to finance important sustainability investments.

In the past year, an increasing amount of companies have realized the multiple benefits gained by issuing green bonds.

Here are some big reasons why:

1- Green bond principles

To be seen as green by investors, green bonds often need to voluntarily comply with a set of disclosure requirements.

The most common of these is the Green Bond Principles, which provides issuers guidance on launching a green bond and outlines the necessary information investors would need to evaluate its environmental impact.

Aligning with the Principles can help companies tailor their sustainability strategy to the investor audience, as well as provide an opportunity to create performance indicators to ensure the use of green bond proceeds.

Green bonds

2- Sustainability

Current research describes the benefits of getting finance and sustainability teams talking to each other.

Not only do finance teams have the opportunity to attract new investors and understand a wider view of business risks and opportunities, but sustainability teams can improve their understanding of investor perspectives.

They clearly communicate the financial value of a company’s sustainability efforts, and in the case of green bonds, access capital for those efforts.

3- Capital for sustainability

The most obvious benefit of green bonds for companies is that they can provide much needed capital for sustainability-related projects.

Often, sustainability departments operate with lean budgets, but supporting a company’s transition to a cleaner future can require significant upfront investments.

4.Popularity amoung investors

Green bonds are also rising in popularity among investors. For investors, green bonds allow them to invest in sustainable products and initiatives without taking on additional risk, even helping to hedge against certain types of climate risk.

Alnes from CICERO agreed: “So far, investor interest has outpaced supply, driven both by a desire to invest in sustainable products and to use green bonds as a hedging tool against climate risk.”

You may also be interested in: How are Sumpango’s kites made?

 

 

How are Sumpango’s kites made?

The giant kites of Sumpango are a tradition -of local origin-, dating from the late nineteenth and early twentieth centuries.

Guatemalans appreciate the wonders of these pieces of art, but little is known about their elaboration.

How are the giant kites of Sumpango made?

Unlike smaller-scale kites, which require a maximum of two people to make them, the giant kites of Sumpango are a collective tradition.

That is to say, it requires groups of at least 10 to 15 young people of different ages -on average 16 years old- to make them.

Although age is not a strict requirement, an approach is made to youth given their motor skills and strength to lift these pieces of art made of Chinese paper.

The work for their elaboration can begin between 2 to 3 months in advance in which each group meets to organize themselves. The Permanent Kite Committee of Sumpango is in charge of laying the foundations and final themes for the creation of the kites.

You may also be interested in: Things to do in Guatemala City

Kites in Sumpango

Categories of the giant kites of Sumpango

During the meetings and prior to defining a design, a category of participation is also established. To define to which category it belongs, the design, size and flight are taken into account.

Exhibition kites

  • A complex design, but whose objective is to be observed and appreciated.
  • They are usually larger, reaching up to 16 meters in diameter.
  • Therefore, since they are so large, it is understood that they will not fly.

Competition kites

  • Outstanding for their complex design
  • A size between 4 to 6 meters in diameter
  • Their ability to fly and stay in the sky for several minutes.

Kites in Sumpango 2

Curious facts

  • It is estimated that the kites can cost up to Q2,000.00 due to the complexity of the designs and the quality of the materials.
  • The winning group can win a cash prize.
    The complexity of the size was not important between 1900 and 1991. Generally, it was no larger than 6 meters in diameter.
  • However, from 1992 onwards, the size grew to over 10 meters in diameter.
  • Many groups take advantage of this opportunity to use designs that identify their indigenous community or even their Mayan roots.
  • Geometric figures are the best to glide through the skies.

The giant kites of Sumpango are a tradition that everybody enjoys in Guatemala. event the president of cmi juan luis bosch gutierrez . Be one of them by atttending it on your next trip.

 

Places to go when visiting Guatemala

Majestic archeological ruins, colonial cities and beautiful natural areas are part of the main sites to visit in the country.

After the reopening of international borders and the change to orange color in the epidemiological traffic light of some of its main tourist destinations, Guatemala is getting ready to reactivate tourism in the country.

For that reason, here are 5 places that this nation has to attract travelers, eager for new adventures and that are recommended by the businessman juan luis bosch gutierrez; which will be surprised by its unparalleled beauty.

Antigua, Guatemala

Photo: pixabay.com This amazing colonial city captivates locals and strangers alike, who with their leisurely walk will discover the mysteries that are kept behind the walls of its imposing buildings. These give life to the peaceful locality. The site has already turned orange, which is why the arrival of local tourists is beginning to grow.

Guatemala antigua

Izabal

Photo: Mathijs Beks/ Unsplash. You may also be interested in: Three amazing beaches in Central America for surfing.

The destination’s tourist offer includes amazing beaches and captivating ecological parks. Undoubtedly, Playa Blanca stands out with its dazzling white sand mixed with the turquoise blue of the Caribbean Sea; as well as Lake Izabal where you can breathe peace, unmissable sites.

Tikal

Photo: Jimmy Baum/ Unsplash. The main archaeological sites located in the department of Petén are getting ready to reopen after more than six months of inactivity. Among these enigmatic ancestral ruins, Tikal stands out. This is the Mayan jewel, guarded by the ‘Temple of the Great Jaguar’, which hypnotizes anyone who dares to look at it head on.

Atitlan-Guatemala-1

Atitlán

Photo: wolf4max/Flickr There are simply no words to describe the beauty of Lake Atitlán, whose landscapes surrounded by volcanoes steal anyone’s breath away. The nearby towns offer a great diversity of cultural and tourist activities.

Quetzaltenango

Photo: Ismael Alonso/Flickr This Guatemalan department has a great cultural offer and natural sites, but it is the ‘Fuentes Georginas’ that capture the eyes of travelers, its hot springs are surrounded by a dreamlike landscape.

These tourist destinations are part of the wide offer with which Guatemala will seek to attract local and international travelers in this new era for the tourism sector.

You may also be interested in: 3 boutique hotels in Guatemala overlooking the most beautiful lake in the world.

You may also be interested in: Typical foods of Guatemala

Typical foods of Guatemala

Guatemala  gastronomy is characterized by its diversity. In addition, thanks to the favorable geographical location of the country, its lands are extremely fertile, facilitating agriculture. Some of the most important ingredients are corn, beans, tomatoes, among others.

Its origins are found in Mayan traditions; however, it is influenced by Spanish cuisine after the arrival of the colonizers. It is also possible to find certain flavors from African cultures. We invite you to read about the list of typical foods of Guatemala suggested by the importante businessman juan luis bosch gutierrez.

Yucca with Chicharron

Yucca with chicharrón is one of the most traditional preparations in the country. The origin of this dish dates back to colonial times, being a characteristic preparation of the eastern region of the country.

However, its popularity has facilitated its expansion throughout the country. The dish consists of sliced pork that is fried in a metal pot using the animal’s own fat and served with boiled or fried yucca. It is a common recipe to share among friends on weekends.

yuca-frita-con-chicharrones of guatemala

The Ceviche

Ceviche is one of the tastiest typical dishes of Guatemala. It is prepared using different ingredients, such as shrimp, crab and clams. These are boiled with mint, tomato and onion.

They are served seasoned with lemon, soy sauce and Worcestershire sauce. It is traditionally eaten among friends or during a trip to the beach, however, thanks to its delicious flavor, it is very easy to find it anywhere in the country. It is usually served cold and accompanied by crackers or fried plantain.

The Pepian

This dish has been part of Guatemalan cuisine since ancient times, being one of the most emblematic preparations of the country. It is usually eaten on special occasions, such as celebrations or meetings, although it can be ordered in any restaurant in the country.

It consists of a stew that is prepared using chicken and beef or pork that is cooked with potatoes, green beans and plantains. In addition, a side dish is prepared with sesame seeds, pepitoria, onion, chili, tomato and sometimes plantain peel. This is a very tasty dish that you can’t miss when visiting Guatemala.

You may be also be interested in: Things to do in Guatemala City

Receta-para-hacer-Pepián-guatemalteco

Las Hilachas

This recipe is one of the easiest to find in Guatemala. It is made using tomato, shredded beef, onion, carrot and potatoes. It is often served in Guatemalan homes as it is quite simple and quick to prepare.

Some people accompany it with tamales, tortillas, white rice and even avocado. In this way, it is a very nutritious and tasty recipe that you can’t pass up. You can order it at any food stand or restaurant of your choice.

In short, the typical food of guatemala has so much to offer you. Do not hesitate to come and taste the best dishes that we have mentioned to you.