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What consequences can a company face that does not comply with regulations in Guatemala?
The consequences for regulatory non-compliance in Guatemala can include legal sanctions, fines, civil liability and damage to the company's reputation. Sanctions vary depending on the severity of the noncompliance and the specific regulation that has been violated. Additionally, non-compliance can lead to legal problems and loss of trust from customers and business partners.
What is the process to obtain a residence authorization for foreign students in higher education institutions in Panama?
The process to obtain a residence authorization for foreign students in higher education institutions in Panama involves submitting an application to the National Immigration Service. You must be admitted to a recognized higher education institution in Panama and provide the required documentation, such as the admission certificate, proof of financial solvency, valid passport, and international health insurance. In addition, you must meet the requirements established by immigration law, such as regular attendance at classes and compliance with current immigration regulations. The National Immigration Service will evaluate the application and, if all requirements are met, the residence authorization will be issued for foreign students in higher education institutions.
Can employers fire employees who are sick in El Salvador?
Employers in El Salvador cannot fire employees who are sick if their illness does not affect their ability to do their job. Firing an ill employee without just cause could give rise to a wrongful termination claim.
How is the currency and exchange rate established in sales contracts in Ecuador?
The choice of currency and exchange rate are critical elements in international contracts. In Ecuador, it is common to use the US dollar. However, clauses should be included that address currency fluctuation and how variations in the exchange rate will be handled, protecting both parties from potential financial losses.
Can an embargo affect the commercial relations of a company in Argentina?
Yes, an embargo can have a significant impact on a company's business relationships in Argentina. It can cause distrust on the part of suppliers, customers and business partners, affect the ability to obtain credit or loans, and even cause difficulties in operating and meeting normal business obligations.
What requirements are needed to obtain a biometric passport in Peru?
To obtain a biometric passport in Peru, you must meet requirements that include presenting your DNI, filling out an application, paying a fee, and submitting additional documents, such as photographs and proof of payment.
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