Guatemala has no provisions or agreements signed to avoid international double taxation, and no foreign tax credit is allowed.
The Law of Promotion and Development of Exports Activities and Drawback Industries is known in Guatemala as maquila. This law seeks to promote, encourage, and develop the manufacture of products within areas controlled by the Customs Authority for export to countries outside the Central American region, as well as to regulate exporting and drawback activities.
The exporter may apply for authorisation to operate under any of the following three systems provided by the law:
Tax incentives and benefits of the law include the following:
Last Reviewed - 23 January 2020