Author Archives: blp_admin

Increase in the minimum wage for the private sector 2023

On October 24, 2022, the National Salaries Council (CNS – in its Spanish acronym) agreed to increase minimum wages in the private sector. This accord will take effect on January 1, 2023, when an increase of 6.62% for all salary categories goes into effect. Additionally, the following increases will also apply to the minimum wages…

Incentives for electric mobility

Ruben Fuentes Senior Associate Guatemala [email protected] On August 31, 2022, Decree No. 40-2022, which contains the Law on Incentives for Electric Mobility, entered into force. Under this regulation, the aim is to promote the use of vehicles powered by electricity or hydrogen. Part of the objectives of the law above includes the mitigation of greenhouse…

Deputies of the Legislative Assembly define 16 behaviors as workplace harassment.

Deputies of the Legislative Assembly define 16 behaviors as workplace harassment. The bill named “Law to prevent and punish Labor Harassment in the public and private sector” pending before the Legislative Assembly since 2018, under file number 20,873, to identify, prevent, punish, prohibit and eradicate workplace harassment, was passed on October 5. The initiative includes…

David Gutierrez, Partner at BLP, Elected to the World Services Group 2021-2022 Board of Directors

BLP is pleased to announce that David Gutierrez, co-founding Partner based in Madrid, has been elected to the World Services Group (WSG) 2021-2022 Board of Directors. Mr. Gutierrez will serve a four-year term where he will work collaboratively with WSG leadership in assessing the strategic future and progress of the WSG mission and objectives. Mr. Gutierrez…

BLP: 5 years of transforming the legal profession in Guatemala.

Five years ago, the BLP law firm completed its regionalization process by arriving in Guatemala with a multidisciplinary team committed to the firm’s vision: to become true business partners of its clients. BLP’s success story began in 2003 in Costa Rica. The regionalization process of the firm began in 2014 with offices in Nicaragua and…

Executive Decree: Mandatory vaccination against COVID-19 in Costa Rica

The President of the Republic and the Minister of Health have issued a decree, which is expected to be published in the Official Gazette in the following hours, which establishes the obligation of public sector employees to be vaccinated against COVID-19 for employees of the public sector, as well as the possibility for employers in…

Update on the Final Beneficiary Registry in Nicaragua

The communication summarizes the legislative updates that impact commercial companies established in Nicaragua. The updates include a series of new obligations before the Public Mercantile Registry (RPM) and before the recently created Registry of Final Beneficiary (RBF). The RPM requires that all companies registered in Nicaragua must carry out an Update of Basic Information, which is…

BLP establishes a new office in the Pacific coastal area of Costa Rica.

To provide the timeliest service to clients with business operations in the coastal area of Guanacaste, Costa Rica, BLP opens a new office in the beach community of Las Catalinas. The new location will focus on real estate transactions under the direction of BLP’s renowned Real Estate & Hospitality practice, made up of specialists in…

BLP advised IDB Invest on an important financing project in El Salvador that will contribute towards securing energy efficiency and cost savings.

BLP has advised IDB Invest, the private arm of the Inter-American Development Group, on an important financing project in El Salvador. As administrator to the Canadian Climate Fund for the Private Sector in the Americas, IDB Invest has agreed to grant loans to Capella Solar S.A. de C.V. and Providencia Solar S.A. de C.V. – both affiliates of Neoen, the project’s Sponsor- to finance…

Costa Rica opens its doors to digital nomads

Digital nomads can now establish their “offices” at Costa Rica’s beaches, in the mountains, near volcanoes, or within a variety of ecosystems. The country recently signed a pioneering law of a singular kind to attract workers and remote service providers on an international scale. With these new regulations, Costa Rica has instituted an ideal legal…