GENERAL AGREEMENT GATS/SC/36
15April 1994
ONTRADE INSERVICES (94-1034)
GUATEMALA
Schedule ofSpecific Commitments
(This isauthentic inSpanish only)
____________________GUATEMALA -SCHEDULE OFSPECIFIC COMMITMENTS
Modes ofsupply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
I. HORIZONTAL COMMITMENTS
4) Unbound, except forhigher-level and
specialized personnel inconnection witha
commercial presence which must contribute
tothetraining ofGuatemalan personnel in
thespecialized fields ofactivity concerned.
Inaddition, theLabour Code provides the
following:
"Employers must employ 90percent
ofGuatemalan workers andpaythem
atleast 85percentoftotalwages
paid. These requirements maybe
modified forthefollowing reasons:
i)protection andpromotion of
thenational economy;
ii)lackofGuatemalan technical
personnel forspecific
activities;
iii)defence ofGuatemalan
workers whodemonstrate
their capabilities."4) Unbound, except forthecategories of
persons indicated inthemarket access
column
1),2),3),4),Article 45oftheIncome Tax
Law, Decree No.26-92 of9April 1992,
establishes thefollowing:
Taxonnatural orlegal persons not
domiciled inGuatemala iscalculated by
applying thefollowing percentages asfinal
payment toincome from Guatemalan
sources whether received orcredited toan
account:
a)12percentondividends, participation
inprofits, earnings andother benefits
paidorcredited bycompanies or
establishments domiciled inGuatemala
GATS/SC/36
Page1GUATEMALA (continued)GATS/SC/36
Page2
Modes ofsupply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
TheMinistry ofLabour may, atits
discretion, decrease these percentages by
10percentforaperiod offiveyears or
increase them toeliminate theemployment
offoreign workers. Anauthorization to
decrease thepercentage must include the
requirement totrain Guatemalan technical
staffintheactivity concerned over the
same period.b)12percentonpayments orcredit in
theform ofinterests, fees, allowances,
commissions, bonuses andother
services subject totax,including
wages andsalaries; interest onloans
granted byfinancial institutions is
exempt provided thatthe
corresponding foreign exchange has
been negotiated through thenational
banking system
c)25percentonpayment orcredit for
royalties andother payments forthe
useofpatents andtrade marks, as
wellasforscientific, economic,
technical andfinancial consultancy
services
d)25percentonpayment orcredit toan
account forother income from
Guatemalan sources notmentioned in
thepreceding paragraphsGUATEMALA (continued)
Modes ofsupply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
Agents orrepresentatives inGuatemala of
taxpayers notdomiciled inGuatemala or
natural andlegal persons dealing directly
withthem must withhold andpaythetaxes
within 15working days inthecalender
month immediately following thatinwhich
theincome hasbeen received orearned
II. SECTOR-SPECIFIC COMMITMENTS
1. BUSINESS SERVICES
B. Computer services
Consultancy services
related tocomputers and
dataprocessing
(CPC 84100-84390)
(including: software
implementation services,
systems analysis, data
processing, time sharing
services, preparation of
inputs ordigitalization)1) None
2) Unbound
3) None
4) Unbound, except asindicated inthe
horizontal section1) None
2) Unbound
3) None
4) Unbound, except asindicated inthe
horizontal section
GATS/SC/36
Page3GUATEMALA (continued)GATS/SC/36
Page4
Modes ofsupply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
7. FINANCIAL SERVICES
A. Insurance services
(i)Reinsurance of
policies
(CPC 81229)
B. Banking Services
Supply, transfer and
processing offinancial
information
(CPC 8113)1) None
2) None
3) Unbound
4) Unbound
1) None
2) None
3) Only foreign financial institutions legally
established inGuatemala
4) Unbound, except asindicated inthe
horizontal section1) None
2) Unbound
3) Unbound
4) Unbound
1) Unbound
2) Unbound
3) Unbound
4) UnboundGUATEMALA (continued)
Modes ofsupply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
Financial advisory
services1) None
2) None
3) Only foreign financial institutions legally
established inGuatemala
4) Unbound1) Unbound
2) Unbound
3) Unbound
4) Unbound
GATS/SC/36
Page5GUATEMALA (continued)GATS/SC/36
Page6
Modes ofsupply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
9. TOURISM AND
TRAVEL-RELATED
SERVICES
Tourism
Hotel andlodging
services
(CPC 6410-6419)
(including hotels, motels,
apartment-hotels, tourist
centres), onlyinthefour
andfivestarcategories
Meals services
(CPC 64210-64290)
(including restaurant
services, self-service,
commissaries andother
meals services)1) Unbound
2) None
3) None
4) Only senior andspecialized personnel
related toacommercial presence tothe
extent required fortraining Guatemalan
personnel
1) Unbound
2) None
3) None
4) Only senior andspecialized personnel
related toacommercial presence tothe
extent required fortraining Guatemalan
personnel1) Unbound
2) None
3) None
4) None
1) Unbound
2) None
3) None
4) NoneGUATEMALA (continued)
Modes ofsupply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
Tourist marina operators
11. TRANSPORT
SERVICES
C. Airtransport services
Repair andmaintenance
services1) Unbound
2) None
3) None
4) Only senior andspecialized personnel
related toacommercial presence tothe
extent required fortraining Guatemalan
personnel
1) None
2) None
3) None
4) Unbound1) Unbound
2) None
3) None
4) None
1) None
2) None
3) None
4) Unbound
GATS/SC/36
Page7GUATEMALA (continued)GATS/SC/36
Page8
Modes ofsupply: 1) Cross-border supply 2) Consumption abroad 3) Commercial presence 4) Presence ofnatural persons
Sector orsubsector Limitations onmarket access Limitations onnational treatment Additional commitments
Saleormarketing of
transport services
(CPC 74710-747120)
(including travel agency,
touroperators andtourist
guide services)
Computer reservation
services1) Unbound
2) None
3) Unbound
4) Unbound
1) None
2) None
3) None
4) Unbound, except asindicated inthe
horizontal section1) Unbound
2) Unbound
3) Unbound
4) Unbound
1) None
2) None
3) None
4) Unbound, except asindicated inthe
horizontal section