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Payment Terms Legislation In Guatemala

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Guatemala

Please see below for a summary of payment terms in Guatemala and the various industries across which payment term legislation appears. You can also download a summary of all Guatemalan payment terms by clicking the button below.

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Industries Laws Codes Notes
Construction
Manufacturing
Retail/Agriculture

LAWS

Guatemala State Contracting Law sets out the percentage of prepayments for construction, goods and services for public entities and sets a maximum payment term of 30 days.

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