Tax

Exemption

Value Added Tax (VAT)

• The sale and purchase of hybrid vehicles, electric vehicles, electric motorcycles, or vehicles fueled by hydrogen for any use, imported, assembled, or produced in Guatemala, as well as their first transfer of ownership.
• The sale and purchase of cable cars, funiculars, electric trains, light trains, street cars, or trolleys, for any use, imported, assembled, or produced in Guatemala, as well as their first transfer of ownership.
• The taxable event due to the provision of public transportation service and collective transportation through electric vehicles, hybrid vehicles, vehicles fueled by hydrogen and electric transportation systems. The exemption will be in force for 10 years, starting on the initial date of operations, and it will be applicable starting on the entry into force of the Law.
• The sale and importation of specific components for electric vehicles, electric motorcycles, electric transportation systems or vehicles fueled by hydrogen, as well as their first transfer of ownership, for a 10-year period, starting on the entry into force of the Law.
• The sale and purchase and importation of chargers for electric vehicles or motorcycles, as well as their first transfer of ownership.

Specific Tax on the First Registration of Motor Road Vehicles (IPRIMA, due to its acronym in Spanish)

• Compraventa de vehículo híbrido, eléctrico, motocicleta eléctrica o impulsado por hidrógeno para todo uso, importado, ensamblado o producido en Guatemala.
• La compraventa de teleférico, funicular, tren eléctrico, tren ligero, tranvía o trolebús, para todo uso, importado, ensamblado o producido en Guatemala

Income Tax

• The income generated by the activity of assembling and/or producing electric vehicles, hybrid vehicles, electric motorcycles, vehicles fueled by hydrogen and electric transportation systems for a 10-year period, and it will be applicable starting on the entry into force of the Law.
• The taxable event due to the provision of public transportation service and collective transportation through electric vehicles, hybrid vehicles, vehicles fueled by hydrogen and electric transportation systems. The exemption will be in force for 10 years, starting on the initial date of operations, and it will be applicable starting on the entry into force of the Law.

Road, Sea, and Aerial Tax

• Only for electric vehicles, hybrid vehicles, heavy or special hybrid vehicles, electric motorcycles, vehicles fueled by hydrogen, funiculars, cable cars, electric trains, light trains, street cars, or trolleys for public and collective transportation services:

• 100% for 2022 and 2023
• 80% for 2021
• 60% for 2020
• 40% for 2019
• 20% for 2018