This article provides a detailed review of the typical formation and annual maintenance costs for setting up a Sociedad de Responsabilidad Limitada (SRL) in GT as of 2025. All figures are presented in GTQ (Guatemalan Quetzal) with USD equivalents for wider context.
Typical Costs for Setting Up a Standard Company in GT (2025)
The most common legal entity chosen by new businesses in GT is the Sociedad de Responsabilidad Limitada (SRL). Below is the cost breakdown associated with incorporating an SRL, based on the latest available data.
| Cost Item | Amount (GTQ) | Amount (USD) (1 GTQ ≈ $0.13 USD) |
|---|---|---|
| Minimum capital requirement | 2,000 | $260 |
| Notary fees (average) | 2,500 | $325 |
| Commercial Registry fees | 300 | $39 |
| Publication in official gazette | 500 | $65 |
| Municipal license (Guatemala City average) | 200 | $26 |
| Total Average Setup Cost | 5,500 | $715 |
These setup costs are typically paid upfront and cover the major legal and administrative obligations required for a standard-risk business formation.
Annual Maintenance Costs
After company formation, ongoing maintenance costs are another important consideration. The typical annual costs for SRLs in GT in 2025 can vary depending on service choices and compliance needs. See the detailed table below for minimum and typical items:
| Annual Expense Item | Amount (GTQ) | Amount (USD) |
|---|---|---|
| Annual tax declaration (accountant fees, minimum) | 1,000 | $130 |
| Municipal license renewal | 200 | $26 |
| Optional: Registered office/agent service (outsourced) | 1,300 | $169 |
| Optional: Legal compliance review (recommended) | 1,000 | $130 |
| Total Annual Cost (min) | 1,200 | $156 |
| Total Annual Cost (max, with options) | 3,500 | $455 |
The minimum reflects core compliance requirements: tax filing and municipal license renewal. Optional services such as registered agent and independent legal review can raise the total, but are not strictly mandatory in all cases.
Pro Tips for Company Setup and Maintenance in GT
- Always clarify whether your business requires a physical office, as virtual/outsourced registered agent services can reduce administrative hassle for a marginal fee.
- Retain all invoices and proof of payment for incorporation and maintenance costs—these may be required for compliance checks and local reporting.
- Engage a qualified local accountant early for annual filings; the minimum GTQ 1,000 annual fee covers only basic obligations and more complex activities may be charged at higher rates.
- Budget for publication and notary fees at the upper range if your company requires specific statutes or expedited processing.
- Check with the Guatemala City municipal office for any changes in municipal licensing, especially if your business plans to operate in different municipalities or move premises.
Official Sources for Company Registration Costs
In summary, forming and maintaining a standard SRL in GT is relatively straightforward in 2025, with average setup costs around GTQ 5,500 ($715) and annual maintenance between GTQ 1,200 ($156) and GTQ 3,500 ($455). Keeping a clear understanding of required versus optional compliance costs will help with both budgeting and long-term planning. Review all annual obligations and registration details regularly, as local regulations and municipal requirements can shift.