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Guatemala Tax Information

12% IVA

IVA is 12%. SAT registration required. NIT (Tax ID) mandatory for all businesses.

Bookkeeper Services to Invoice

  • Monthly bookkeeping
  • Bank reconciliation
  • Accounts payable
  • Accounts receivable
  • Payroll support
  • Financial reports
  • Catch-up bookkeeping

Invoice Requirements in Guatemala

NIT number
SAT registration
Client NIT
Invoice number
IVA (12%)
Total in GTQ

Payment Terms

Monthly retainer paid in advance. Catch-up projects 50% deposit.

Contado15 días30 díasCrédito

Payment Methods in Guatemala

Bank TransferBanco IndustrialBACCredit CardCash

Bookkeeper Invoice Tips

  • Specify period covered
  • Include transaction count
  • Note software used
  • Reference deliverables
  • Document hours if applicable

Frequently Asked Questions

What tax rate applies to bookkeeper invoices in Guatemala?

Guatemala has 12% IVA. IVA is 12%. SAT registration required. NIT (Tax ID) mandatory for all businesses.

What payment methods are common for bookkeepers in Guatemala?

Common payment methods in Guatemala include: Bank Transfer, Banco Industrial, BAC, Credit Card, Cash. Monthly retainer paid in advance. Catch-up projects 50% deposit.

What should bookkeeper invoices include in Guatemala?

Your invoice should include: NIT number, SAT registration, Client NIT, Invoice number. For bookkeeper services specifically, also include: Monthly bookkeeping, Bank reconciliation, Accounts payable.

How to price bookkeeping?

Monthly flat fee based on transaction volume. $300-2000/month typical for small business.

Charge for catch-up work?

Hourly or per-month-behind rate. Catch-up is intensive work, price accordingly.

What is Guatemala's IVA rate?

Guatemala applies 12% IVA (Impuesto al Valor Agregado) on most goods and services. Exports are zero-rated.