Author Archives: blp_admin

BLP Advises IDB Invest on a Pioneering Blue Bond Issuance in El Salvador

BLP advised IDB Invest on the structuring and acquisition of blue bonds issued by Banco Agrícola, S.A., as part of a bond issuance program of up to US$200,000,000. In this transaction, IDB Invest participated as anchor investor, acquiring US$10,000,000 corresponding to the first tranche of the issuance and providing technical advisory services. The transaction is…

Newsflash | Nicaragua reforms the Tax Concertation Law and adjusts the ISC

Nicaragua: Reform to the Tax Concertation Law (Law No. 1279) Managua, April 9, 2026 — On April 8, 2026, the National Assembly approved Law No. 1279, reforming and partially repealing Law No. 822 (Tax Concertation Law). The reform was published in La Gaceta, Official Gazette No. 61, and entered into force immediately. What Changes? The…

Business Law Perspectives – April 10–16, 2026

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Tax compliance deadlines drive transparency Dormant companies, solidarity associations, and nonprofits must comply with reporting obligations before April 30… Read more High-speed rail project advances…

Practical Guide to Merger Processes of Operating Companies in Costa Rica

Costa Rica: Practical Guide to Merger Processes of Operating Companies The merger of companies constitutes a legal mechanism through which two or more entities are integrated into a single entity, either by absorption (where one entity absorbs the others) or through the creation of a new company. Both modalities entail the dissolution of the legal…

Newsflash | Nicaragua takes a decisive step to attract investment: Free trade zone tax incentives are now indefinite

Nicaragua: Free Trade Zone Reform Introduces Indefinite Tax Incentives (Law No. 1278) On April 9, 2026, Law No. 1278 entered into force, amending Nicaragua’s Free Trade Zone Law. While the reform is targeted in its wording, its implications are substantial: the tax incentive regime currently available to operators and users of free trade zones now…

Business Law Perspectives – March 27–April 9, 2026

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica $770 million road modernization project approved The expansion of the San José–San Ramón corridor will enhance connectivity and competitiveness… Read more Logistics and trade diversification…

Newsflash | Honduras enacts new Part-Time Employment Law

Honduras: New Legal Framework for Part-Time Work (Decree 45-2026) For the first time, Honduras introduces a clear legal framework for part-time work through Decree 45-2026, a model widely used in practice but, until now, lacking specific regulation. Why It Matters The law aims to promote job creation and formalize flexible work arrangements, but under a…

Business Law Perspectives – March 20–26, 2026

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica Boosts Road Infrastructure Improvements with New Tender for Route 32 The National Road Council (CONAVI) has relaunched the tender… Read more Costa Rica…

New GMP Certification Framework for the Food and Beverage Industry in Honduras

The Sanitary Regulation Agency (ARSA) has approved a new regulatory framework establishing recovery fees and requirements for obtaining the Good Manufacturing Practices (GMP) Certificate for the national processed food and beverage industry. This certificate is a key element in ensuring the safety, quality, and reliability of products manufactured in the country. Scope and Obligated Parties…