This article is about Justworks EOR (Employer of Record). What product am I using?
(Brazil, Chile, Colombia, Costa Rica, Peru)
Managing payroll across multiple Latin American countries at the end of the year requires close attention to local regulations, cultural expectations, and compliance deadlines. This guide provides key details to help ensure your team members across the region are paid accurately and on time.
Justworks is here to simplify these processes, so you can focus on closing the year strong.
Key Year-End Payroll Dates
Payday Reminder
Most countries in Latin America have special bonus requirements and fixed deadlines in December. Final payrolls are generally processed by December 26 to accommodate local holidays and ensure bank availability.
Payroll Processing Deadlines by Country
-
Brazil:
- 13th salary (second installment or lump sum) paid December 13
- Final payroll processed by December 26
-
Chile:
- Optional Aguinaldo typically paid before December 15
- Final payroll processed by December 26
-
Colombia:
- Second half of the 13th-month bonus (“prima de servicios”) paid December 13
- Final payroll processed by December 26
-
Costa Rica:
- 13th salary payment completed by December 13
- Final payroll processed by December 26
-
Peru:
- 14th-month salary (December bonus) paid by legal deadline (date TBD)
- Final payroll processed by December 26
Bank Holidays and Office Closures
Please take into account national holidays and reduced availability near year-end. While specific office closures vary, most Justworks operations remain open as usual unless otherwise noted.
Common Bank Holidays
- December 25: Christmas Day
- December 31: New Year’s Eve (Chile only)
- January 1: New Year’s Day (Peru only)
Office Closures
- Brazil, Colombia, Costa Rica, Peru: Business as usual
- Chile: Half-day closures on December 24 and December 30
Year-End Tax Filings and Forms
Each country has specific employer obligations for annual income reporting. Justworks manages all required submissions on your behalf.
Deadlines by Country
- Brazil: Comprovante de Rendimentos due by February 28
- Chile: Certificado de Rentas y Retenciones due by March 14
- Colombia: Certificado de Ingresos y Retenciones due by March 31
- Costa Rica: Comprobante de Rendimientos due by February 28
- Peru: Certificado de Rentas y Retenciones due by March 14
No action is required on your part—Justworks will ensure accurate and timely submission
Bonus and 13th Salary Requirements
Latin American labor laws often require employers to provide end-of-year bonuses or additional monthly payments:
- Brazil: 13th salary is mandatory and may be split into two parts.
- Colombia: The 13th-month bonus ("prima de servicios") is mandatory and split between June and December.
- Costa Rica: 13th salary is required and paid in December.
- Peru: Both 13th- and 14th-month salaries are mandatory (paid in July and December).
- Chile: Aguinaldo is optional, but widely practiced.
Justworks processes these payments according to each country’s requirements and timelines.
Looking Ahead to 2026
Any changes to labor laws, bonus structures, or tax requirements will be communicated as they are confirmed by local authorities. Justworks continuously monitors these developments and ensures full compliance going into the new year.
We've Got You Covered
Justworks handles year-end payroll and bonus processing across Latin America—from compliance with country-specific regulations to timely tax filings. There's no action required from you.
For questions or support, contact international-support@justworks.com or reach out to your International Customer Success Manager.
Disclaimer
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for accounting, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.