Ignacio Andrade


English and Spanish.

Ignacio Andrade

Born in 1964. Admitted to the Guatemalan Bar Association, 1986. Notary Public, 1986.

Universidad Rafael Landívar. Studies in the Master’s Degree of Constitutional Law, (2015 2016) Universidad de Illinois Urbana-Champaign. Master in Business Administration (1988) Universidad Francisco Marroquín. Graduated in Law with Honors “Cum Laude”, (1986)

Guatemalan Bar Association, 1986. International Trademark Association (INTA). Interamerican Association of Intellectual Property (ASIPI). International Bar Association (IBA).

Managing Partner at Sfera (2018 – today), Managing Partner at Asensio Andrade Flores (1990 – 2018); Consultant for the Inter-American Development Bank (IDB) (2017); Advisor for PRONACOM, for the analysis and dissemination of initiatives and bills: Construction Licenses (December 2017); President of Asociación Amigos del País, (2009 – 2017); Managing Partner of Garcia & Bodán Guatemala, (2015 – 2016); Board Secretary of Fundación Ramiro Castillo Love, (until 2009); Board Secretary of Asociación Amigos del País, (1994 – 2008); External Consultant ad honorem of the Ministry of Environment and Natural Resources, (2004 – 2005); Arbitrator appointed by the Arbitration Center of the Chamber of Commerce of Guatemala (CENAC) and Conflict Resolution Commission of the Chamber of Industry of Guatemala (CRECIG); Counsel in Arbitration by the International Chamber of Commerce (CCI) and the American Arbitration Association (AAA); Counsel for appeals, arbitrations and executions of foreign and national arbitration matters; Litigation Attorney in Corporative and Tax Law with experience in labor matters; Alternate Delegate of the General Assembly of the United Nations, (1987)

meet the rest of us

Want to know why we excel in what we do? Check the services we provide as a team.

Regulatory Compliance

Specialized counseling in compliance and corporate governance: compliance verification, due diligence processes, anticorruption evaluation, corporate compliance planning and supervision, corporate risk prevention. We have vast experience in risk management and provide a specialized advisory focused on legal and regulatory compliance for regulated sectors, according to each applicable legislation.
Ethical investigations and installation of a proper system for Claim’s Management.
Counseling on the application and interpretation of the Foreign Corrupt Practices Act (FCPA) Law.
Audits in compliance of administrative policies and Human Resources.
Preparation of ethical codes periodical revisions and support in the correct application by employees.
International norm counseling related to the FCPA Law and money laundering: constant updates and proper application.

• Registry of natural persons and/or corporations in compliance with Law 8204 and its bylaws.
• Elaboration of guidelines for legal compliance and manuals on compliance procedures for anti-money laundering.
• Due diligence preparation and elaboration of reports in order to comply with the resolution regarding the Registry of Transparency and Final Beneficiaries, to be made before the Central Bank.
• Corporate amendments to comply with the Corporate Governance Voluntary Code and other mandatory corporate governance guidelines; according to each specific entity and its business activity.
• Drafting of corporate governance codes.
• Elaboration of family protocols and all related matters to Family Planning and Family Offices.