Information for you in real time BLP reiterates its commitment to the health and sustainability of the countries in which we operate by making our digital platforms available to publicize legal updates on #COVID19 in Central America. Below, you will find informative and analytical material related to local regulations in different areas such as labor, tax,…
Author Archives: blp_admin
10
Sep
Sep
We are aware that the current situation demands companies to rethink how to approach labor relations, with this in mind, BLP’s regional Labor & Employment team analyzes the new labor reality in Central America in the face of economic reactivation processes in the next series of content. Labor challenges to employers in Central America. Application…
10
Sep
Sep
BLP established a sustainability strategy that articulates all its efforts aimed at contributing to the human and social development of the communities in which our business operates. Learn more about our commitment through the following content series: Sustainability by BLP: The Firm´s commitment. BLP Environmental Management Program. Facebook LIVE: Inspiring Girls, supporting gender equity. Gender…
10
Sep
Sep
The Costa Rican government has issued a regulation exempting spare parts for electric vehicles and fast-charging centers from the Value-Added Tax (VAT), Selective Consumption Tax, and the 1% tax over customs value. The regulation also established the obligation for electric vehicle importers to inform the Energy Direction of the MINAE, during September of each year,…
10
Sep
Sep
On September 8, 2020, the Nicaraguan National Assembly approved the proposed reform of Law 532, a law for the promotion of electricity generation with renewable sources. Since its approval in 2005, this law has undergone several reforms through which the tax incentives that were initially given to electricity generation projects from renewable sources have been…
Blog, News
Reforms to the General Law of Public Records, Law 698, and the Commercial Code create the Registry of Final Beneficiary of Commercial Companies in Nicaragua.
01
Sep
Sep
On Friday, August 21, the National Assembly approved the Law of Reforms to the General Law of Registries and an article of the Commercial Code, creating the bases for a Registry of the Final Beneficiary of Commercial Companies. What is a Final Beneficiary? It is the natural person who owns or controls a legal person…
01
Sep
Sep
Nearshoring is a company’s process of transferring part of its business from a geographically distant country to one closer to its main place of operation. In recent decades, many manufacturing and service companies have sought to establish themselves in various jurisdictions around the world to operate at a lower cost and diversify their production capabilities,…
29
Aug
Aug
In the following case study, we analyze the merger of Amazon and Whole Foods as an example of how two very different businesses can come together to add value to their respective companies: The Issue Mergers are about creating synergies in order to generate value for the companies involved. In this case, Amazon was interested…
27
Aug
Aug
Restructuring as a pandemic necessity COVID-19 has brought a new reality to commerce. Companies face a myriad of issues, many for the first time: low consumer demand, the increased risk caused by mistrust, disruption of the supply chain, the search for multiple sources of supply, the decentralization of distribution centers, the centralization in the provision…
25
Aug
Aug
On Friday, August 21, the Nicaraguan National Assembly approved the creation of the Registry of Final Beneficiaries, through reforms to the Registries General Law on and the addition of one article to the Commercial Code. This Registry is intended to provide certainty of who are the true owners or controllers of legal persons operating in…