Green Power: How ESG Practices Transform Corporations

Green Power: How ESG Practices Transform Corporations

ESG (Environmental, Social, and Governance) practices are becoming increasingly important. These three pillars, ranging from environmental sustainability and social responsibility to ethics in corporate governance, represent a change in how companies evaluate and conduct their operations. ESG practices are not ...
Update of new RTCA for cosmetics in Central America, including Panama.
/ / Blog, Costa Rica, Intellectual Property, News

Update of new RTCA for cosmetics in Central America, including Panama.

As of February 5, the new RTCA for registering cosmetic products will come into force, for which the following information must be included: 
  1. In case a laboratory that is not a subsidiary or member of the same group is ...
Condominiums in Tourist Marinas: Costa Rica's new development opportunity

Condominiums in Tourist Marinas: Costa Rica’s new development opportunity

As part of the natural process of evolution of any real estate project, opportunities for diversification, structuring, and offering new real estate products arise over time.

In Costa Rica, tourist marinas have been a clear example of how the ...

Fee for apostille certificates in Guatemala

Fee for apostille certificates in Guatemala

As of February 11, 2024, the Ministry of Foreign Affairs will charge a fee for the issuance of apostille or legalization certificates of documents. On January 13, 2024, Government Agreement No. 250-2023 was published in Diario de Centroamérica, authorizing the ...
Update of the exemption limit for real estate tax
/ / Blog, Costa Rica, News, Tax

Update of the exemption limit for real estate tax

On January 24, 2024, MH-DGH-RES 0002-2024 was published, updating the requirements for exemption from the real estate tax, as follows:
  • The property must be unique, i.e., that only a natural person has registered such property in the Real Estate ...
Reforms to the Commercial Code - El Salvador
/ / Blog, Business Law, El Salvador, News

Reforms to the Commercial Code – El Salvador

On December 13, 2023, the Official Gazette published Decree No. 905, which reforms the Commercial Code to encourage legalizing the economy’s informal sector and reinvigorate micro and small businesses. Such reforms will become effective on February 11, 2024. Among its ...
ILO Convention 169: Barrier to Infrastructure in Guatemala?

ILO Convention 169: Barrier to Infrastructure in Guatemala?

Convention 169 on indigenous and tribal peoples, promulgated by the International Labor Organization (ILO), stands as one of the most emblematic instruments in the protection and recognition of human rights at the international level. Adopted in 1989, this treaty seeks ...