The difficulty or ease of corporate compliance for businesses in
Latin America varies greatly depending on what country you are
operating a business in.
Central America is among the least complex while countries in
South America are some of the most complex. The Compliance Complexity Index 2018 ranked 84
countries around the world according to the difficulty of adhering
to compliance requirements. These included the type and amount of
information that companies must report to local authorities as well
as complying with national regulations.
Countries in South America ranked among the top ten in the index
meaning that they are some of the most complex nations for
corporate compliance. These included Argentina coming in at number 4 globally but
number 1 in the Americas, Brazil at number 7 and number 2 in the
Americas and Uruguay in the tenth spot globally and number
3 in the Americas.
