Payment Terms Legislation In Guatemala

Australia
Croatia
Slovenia
Serbia
Latvia
Hungary
Uzbekistan
Czech Republic
Iceland
Lithuania
Luxembourg
Belarus
Vietnam
Cyprus
China
Colombia
Russia
Portugal
Malta
Greece
Bulgaria
Romania
Slovakia
Austria
Spain
Kazakhstan
Côte d’Ivoire
Estonia
Guatemala
Montenegro
Niger
Peru
Chile
United Kingdom
Argentina
Ireland
Japan
Italy
India
Netherlands
Norway
Switzerland
Denmark
Finland
Indonesia
Singapore
Malaysia
New Zealand
Mexico
Israel
Brazil
Turkey
Morocco
Kenya
Belgium
Korea, South
South Africa
Poland
Sweden
Canada
United States
Germany
European Union
France

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.

Industries	Laws	Codes	Notes	Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Laws

Article 62 of the Guatemala State Contracting Law sets out the percentage of advances and prepayments for construction, goods and services for public entities and sets a maximum payment term of 30 days for these. Article 56 sets a maximum of 90 days for final payment after works are complete.

Government

Go to link

View Payment Terms Disclaimer

Unlock the power of cash

Accelerate your cash flow today.

Get started