The Guatemalan government has announced the Law of Incentives for Electric Mobility, which was enacted through Decree 40-2022. The Law was published in the Official Gazette on 29 August 2022 and entered into force on 30 August, providing incentives for electric and other green energy vehicles, including hybrid and hydrogen-powered vehicles.
The incentives include a 10-year corporate tax exemption for companies that assemble and manufacture green vehicles and for companies that provide charg…