Author Valeria Gutiérrez Associate Costa Rica E-mail Commercial Code Reform and Corporate Representation in Costa Rica Recently, the Legislative Assembly approved Law No. 10840, “Law for the Harmonization of the Commercial Code and the Strengthening of the Special Power of Attorney,” which amends Articles 98 and 146 of the Commercial Code. Through this reform, the…
Author Archives: BLP
Blog, Business Law, Costa Rica, News, Telecommunications, Media & Technology
IFX acquires REICO to strengthen its operations in Costa Rica
24
Mar
Mar
IFX Networks Expands in Costa Rica with Acquisition of REICO IFX Networks, operating through the brand IFX-Codisa, completed the acquisition of Redes Integradas Corporativas Ltda. (REICO), a Costa Rican company engaged in information and communications technology solutions and integration. The transaction is expected to expand fiber optic network coverage, a key technology for 5G connectivity….
20
Mar
Mar
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 Innovative Cable Car System Costa Rica is exploring a cable car system to connect the electric train to Desamparados, supported by international financing. Read More….
At BLP, Blog, Costa Rica, Labor & Employment
Newsflash | Labor Reform on Breastfeeding: New Obligations for Employers
19
Mar
Mar
Costa Rica: Reform to the Labor Code on Breastfeeding Rights The Legislative Assembly approved in second debate file No. 24.481, which reforms articles 95 and 97 of the Labor Code, introducing relevant changes to the breastfeeding regime applicable to labor relations. Key Changes in Labor Matters Expression of milk: The right to express breast milk…
Analysis, At BLP, Blog, Environment, Health & Safety, Honduras
Honduras Strengthens Oversight of Health Advertising: What Agreement 0142-ARSA-2025 Establishes
17
Mar
Mar
Authors Ivis Alvarado Senior Associate Honduras E-mail Andres Elvir Associate Honduras E-mail Honduras Strengthens Oversight of Health Advertising: What Agreement 0142-ARSA-2025 Establishes Agreement No. 0142-ARSA-2025, issued by the Honduran Health Regulatory Agency (Agencia de Regulación Sanitaria – ARSA), establishes the regulatory framework for the control, supervision, and regulation of advertising related to products, establishments, and…
At BLP, Banking & Finance, Blog, El Salvador
Newsflash: Repeal of Article 10 of the Banking Law: New Investment Opportunities
16
Mar
Mar
El Salvador: Reform to the Banking Law Expands Foreign Investment Opportunities The Legislative Assembly approved an amendment to the Banking Law (the “Reform”), fully repealing Article 10 of such law. Former Article 10 established requirements and conditions that Salvadoran banks were required to meet regarding their shareholding structure, based on nationality criteria and the regulatory…
13
Mar
Mar
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 strengthens economic ties with the US by launching a new Business Council in Washington Costa Rica took a strategic step… Read more IMF…
13
Mar
Mar
Nicaragua Increases Minimum Wage for 2026–2027 On March 5, 2026, the National Minimum Wage Commission officially announced a 4% increase for most of the country’s economic sectors, with the exception of free trade zones, where a 6.7% increase was agreed upon. This adjustment sets monthly salaries in an approximate range of 6,188 to 13,848 córdobas….
At BLP, Blog, Guatemala, Tax
Newsflash – Guatemala: 100% Exemption of IGSS Surcharges (Agreement 1556)
06
Mar
Mar
Guatemalan Social Security Institute – Agreement Number 1556 Exemption from Surcharges on Social Security Contribution Fees Agreement Number 1556, issued by the Board of Directors of the Guatemalan Social Security Institute (IGSS) on January 28, 2025, regulates the exemption of one hundred percent of the surcharges on Social Security contribution fees that are paid or…
06
Mar
Mar
Regional News and Opportunities 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 Exports surpassed US$1.5 billion in January Costa Rica’s exports reached US$1.512 billion in January 2026, a 3% increase year-over-year. Growth was…