The port infrastructure of a country is undoubtedly one of the pillars that sustains and enhances its economy. In this context, Guatemala, with its strategic geographical position, has extensive potential to consolidate itself as an important international trade center. However, in recent years, we have faced a reality that contrasts with this vision: an evident…
Author Archives: BLP
At BLP, Blog, News
BLP Receives Triple Honors at Latin Finance’s 2023 Project & Infrastructure Finance Awards
06
Oct
Oct
In a thrilling evening held in New York, distinguished project sponsors, infrastructure investors, financiers, and advisors from Latin America and the Caribbean convened to bear witness to the prestigious 2023 Project & Infrastructure Finance Awards ceremony. These accolades, which celebrate the most remarkable transactions and institutions within a domain vital for the region’s economic advancement,…
Analysis, Blog, Guatemala
Relocation of employees and expatriates to Guatemala: questions and answers for multinational companies
06
Oct
Oct
For multinational corporations eyeing expansion into the vibrant landscape of Central America, the transfer of employees and expatriates to Guatemala is an integral step. Yet, this process isn’t without its complexities, as it navigates through a maze of immigration regulations and requisites. In this comprehensive blog post, we aim to provide clarity and insight by…
05
Oct
Oct
Import Customs Declaration Self-rectification Policy Project in public consultation. The General Directorate of Customs issued a policy on the self-rectification of import customs declarations due to the entry into force of article 82 of CAUCA IV, article 333 of RECAUCA IV, article 90 of the General Customs Law and articles 251, 252, 253, 254 of…
Blog, Costa Rica, News, Tax
Exclusion of Costa Rica from the list of non cooperative jurisdictions of the European Union
27
Sep
Sep
On September 26, 2023, with the support of 38 legislators, the Legislative Assembly resealed Legislative Decree #10,381 (the Law), which seeks to reform the Income Tax Law, to ensure that the country is excluded from the list of non-cooperative jurisdictions of the European Union. In order to comply with the necessary requirements to leave the…
Agribusiness, Blog, Costa Rica, Energy & Infrastructure, Environment, Health & Safety, Environmental, Social and Governance (ESG), News
The creation of the Alliance for the Motagua River Basin – signing the agreement
26
Sep
Sep
BLP highlights its leading role in structuring the historic agreement for the protection of the source of this vital river. Guatemala, September 25, 2023. Several government and international cooperation institutions, together with private companies and fundamental support from BLP, joined in an unprecedented effort for the protection and recovery of the Motagua River Basin. The…
Agribusiness, Blog, Costa Rica, Energy & Infrastructure, Environment, Health & Safety, Environmental, Social and Governance (ESG), News
Flexible Workspaces: Legal Challenges for Owners and Entrepreneurs
11
Aug
Aug
Three years after the peak of Work from Home and the investments in technological capital made by companies, we are facing a new panorama with the gradual return to face-to-face work. This return has implied a change in the needs and expectations of workers. Now they are looking for office space with adjustability terms of…
Analysis, Blog, Costa Rica, News, Public Law, Public Procurement & Regulation
Comptroller of the Republic publishes Amendment to the Endorsement Regulation
12
Jul
Jul
The Office of the Comptroller General of the Republic has amended the Regulation on the Endorsement of Public Administration Contracting. This reform defines the Comptroller General’s responsibilities under the General Public Procurement Law. It highlights the obligation to migrate to electronic endorsement through the Unified Digital System (SICOP) while establishing deadlines and procedures for endorsing…
Analysis, Blog, Costa Rica, Public Law, Public Procurement & Regulation
How should appeals be submitted as of the entry into force of the new Public Procurement Law and its Regulations?
31
May
May
As of the entry into force of the new Public Procurement Law No. 9986 and its Regulations, all procedures related to public procurement must use the SICOP platform, including appeals to object to the solicitation and revocation or appeal against the awarding act. Regarding appeals and objections before the Comptroller General of the Republic, the…
Agribusiness, Blog, Costa Rica, Energy & Infrastructure, Environment, Health & Safety, Environmental, Social and Governance (ESG), News
New European regulations will have a heavy impact on Latin American producers
29
May
May
Recently, the Regulation regarding the marketing in the Union market and the export from the Union of certain raw materials and products associated with deforestation and forest degradation was approved. This regulation would prohibit the entry into the European Union of certain agricultural products that have caused deforestation in their country of origin. Latin American…