Payroll in Guatemala

Expand into Guatemala with a Global Payroll Provider

  • Leverage our experience and ensure in-country Payroll compliance.

  • A single, centrally managed payroll system that delivers a fluid and consistent service to you and your employees.

  • A dedicated team and account manager so that you always have a central point of contact.

  • Pay every employee accurately and on time.

Hiring in Guatemala

Famous for its volcanoes, loud and colourful buses and amazingly well-preserved Mayan ruins, Guatemala is Central America’s most populous country, home to 17.2 million people. Guatemala has a rich yet turbulent pre- and post-colonial history and is today developing into one of Latin America’s most promising nations in terms of foreign investment.

Guatemala’s economy is still overwhelmingly dominated by agriculture, with coffee, sugar and bananas making up a third of exports. There is also a developed textiles and clothing industry.

Looking for a payroll solution in Guatemala?

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Despite being a leader in the region in terms of output and GDP, Guatemalans face a raft of issues ranging from living below the poverty line to corruption and unfair treatment at work. Care is needed when it comes to investing in Guatemala from an ethical standpoint, with sweatshops and underpaid labour common. An expert payroll partner is a good option for businesses looking to hire in Guatemala.

Why use TopSource Worldwide in Guatemala?

We free your teams from the burden of managing payroll across borders, working diligently to ensure a seamless process across all activities.

We’ll manage the data flow from you to every local market and will return data to you in a readable format for each of your key teams, including payroll journals if needed.

Our services combine process excellence with a human-centric approach, and our top priority is always the care and compliance of your payroll — no matter where in the world you operate.

  • Leverage our experience and ensure in-country Payroll compliance.
  • Reduce processing and back office time.
  • Align processes, reducing complexity and risk
  • A single, centrally managed payroll system that delivers a fluid and consistent service to you and your employees.
  • Flexibility of service — adapting to your needs, regardless of the market.
  • The option to work with other providers you already have in place, if needed.
  • Global HR data management and data tracking where required.
  • Global payments support for both employees and authorities.
  • A dedicated team and account manager so that you always have a central point of contact

What TopSource Worldwide provides in Guatemala

  • Simplicity – we provide one monthly consolidated invoice for the services provided inclusive of salaries, taxes, fees and employee expenses. This reduces banking costs and your finance teams time spent.
  • One point of contact – a single Account manager looking after all your Payroll.
  • Compliance – all funds payable to the employee are processed through payroll. You receive monthly evidence of taxation paid to the competent authorities in country.
  • All services are provided by in-country experts that are professionally qualified in their respective fields.
  • Electronic payslips for all employees.
  • All Statutory filing completed by TopSource Worldwide.

We appreciate each situation and business is different. That is why we offer a consultative and bespoke solution to every client. We know one size does not ‘fit all’.

Find out about outsourcing your payroll in…

Published date: 1st Feb 2022
Review date: 1st Feb 2023