Tax benefits for those who hire people over 45 years of age
On January 25th of this year, the Law to Promote Employment Opportunities for People Over 45 Years of Age became effective, which establishes benefits for taxpayers who hire people over that age.
- They will be able to reduce 5% ...
Nicaragua Income Tax Reminder for 2021
The Tax Agreement Law requires all taxpayers registered under the general regime to declare and pay an annual Income Tax on Business Activities. Payable tax is the higher of:
- 30% over taxable net income of the year 2021; or ...
New minimum wages in Nicaragua
On February 3, 2022, the National Commission for the Minimum Wage in Nicaragua, presided over by the Labor Ministry of the Nicaraguan Government, approved an increase in the current minimum wage for each sector of the national economy to remain ...
Costa Rica legalizes outdoor commerce for restaurants, cafes, bars, and more
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Luis Palacios
Associate Costa Rica
[email protected]
What outdoor activities are allowed under the new Law?
The new Law allows municipalities to issue licenses to sell food and beverages (including alcoholic beverages) in public spaces administered by municipalities, such as:
- Sidewalks.
- Parks. ...
Corporate obligations guide Central America 2022
Learn about the annual obligations that apply to your companies in each Central American countries. At BLP we can help you to ensure compliance in each country.
Download each of the dates in the electronic calendar of your preference ...
Reminder for the payment of the Real Estate Tax (IBI) in Nicaragua
Since 1995, through Executive Decree No. 3-95, the Real Estate Tax or IBI was established as a tax on real estate located within each Municipality. For IBI purposes, the following are considered real estate:
- Land, stable or permanent plantations, ...
GUATEMALA: Insuralex covers another jurisdiction in Latin America
Prestigious Guatemala´s law firm BLP has been chosen by Insuralex Global Insurance Lawyers Group, a worldwide association of independent insurance and reinsurance lawyers, as its exclusive member firm in Guatemala.
For more than ten years, BLP has provided legal counsel ...