The Constitutional Court of Guatemala declared inadmissible the action of unconstitutionality filed against provisions of Government Agreement 133-2024. With this ruling, the obligation to identify the beneficial owner remains in force for all individuals and legal entities seeking to register, update, or remain in the General Registry of State Procurement (RGAE). As a result, the…
Author Archives: BLP
Costa Rica: Reform to the Labor Code on Breastfeeding Rights (File No. 24.481) File No. 24.481, which amends Articles 95 and 97 of the Labor Code, has been published in the Official Gazette (La Gaceta) and entered into force immediately as of April 24, 2026. This reform introduces relevant changes to the breastfeeding regime applicable…
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 international leadership through cooperation with the European Union Costa Rica, together with the European Union and Spain, presented the results of 11…
BLP Advises on Sojitz’s Investment in VEINSA BLP participated in the transaction through which Sojitz Corporation agreed to a potential investment in Vehículos Internacionales Veinsa S.A. (VEINSA), a wholly owned subsidiary of Age Motors. VEINSA is one of the leading vehicle distributors in Costa Rica, representing brands such as Geely, Mitsubishi, Peugeot, Citroën, Zeekr, and…
Costa Rica: Extension of Validity of Sanitary Registrations for Medicines (Resolution DM-1725-2026) The Ministry of Health of Costa Rica issued Resolution DM-1725-2026, establishing an exceptional one-year extension of the validity of certain sanitary registrations for medicines that are required to demonstrate therapeutic equivalence. This measure aims to ensure the continuity in the supply of essential…
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, which reforms and partially repeals Law No. 822 (Tax Concertation Law). The reform was published in La Gaceta, Official Gazette No. 61, and entered into force immediately. What Changes?…
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 Companies and organizations in Costa Rica are moving toward greater transparency with key tax compliance deadlines in April Dormant companies, solidarity associations, and nonprofit organizations…
Author Diego Quirós Associate Costa Rica E-mail 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…
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…









