Category Archives: Costa Rica

Extension of the deadline for the implementation of changes to electronic invoices in Costa Rica

By means of press release CP-08-2025 dated February 11, 2025, the Ministry of Finance extends the deadline for the implementation of modifications to electronic invoices in accordance with version 4.4 until September 1st, 2025, as established in resolution MH-DGT-RES-0027-2024. This extension aims to allow taxpayers sufficient time to implement the changes to electronic invoices, which…

BLP is honored as Law Firm of the Year – Central America by LatinFinance

We are pleased to announce that BLP has received the prestigious Law Firm of the Year – Central America at the LatinFinance Deals of the Year Awards 2024. This recognition reaffirms our excellence in legal advisory services within the financial and capital markets in Latin America and the Caribbean. The awards ceremony took place on…

2025 Corporate and Tax Obligations Calendar: Costa Rica

Compliance with corporate and tax obligations is crucial for companies operating in Costa Rica. BLP’s 2025 Obligations Calendar provides an essential guide to staying on top of key legal and fiscal commitments. Adhering to current regulations helps avoid penalties, protects your company’s reputation, and ensures a strong relationship with authorities such as the Dirección General…

BLP advised Davivienda in Scotiabank’s Acquisition in Costa Rica

In a significant move within the financial sector, BLP provided comprehensive legal counsel to Banco Davivienda during the acquisition and integration of Scotiabank’s operations in Costa Rica. This transaction, encompassing banking, insurance, and leasing businesses, highlights BLP’s expertise in navigating complex mergers and acquisitions in the region. This agreement is part of Davivienda’s strategic expansion…

2025 Labor Holiday Calendar: An Essential Resource for Business Planning

Effectively managing labor holidays is critical for any organization, especially when operating in multiple countries across Central America. For this reason, the Labor & Employment team at BLP has prepared the 2025 Labor Holiday Calendar, a comprehensive document that consolidates the official holidays for Costa Rica, Guatemala, El Salvador, Honduras, and Nicaragua. This resource is…

New Regulation strengthens prevention and response to chemical accidents in Costa Rica

Author https://blplegal.com/wp-content/uploads/2024/11/Articulo-Hidrogeno-Verde_FOTO.png Luis Palacios Director Costa Rica E-mail Until recently, chemical accidents were treated in the same way as other types of accidents, a problematic approach since the authorities must adapt any response to the specific threat involved. In the case of chemical substances, it is essential to have precise knowledge of the products handled…

Important Changes for Companies and Contract Signing in Costa Rica

Companies must have an email address for notifications and stamp tax for contracts is no longer required. Law 10597: Mandatory Electronic Notifications for Companies Published in Supplement 195 of La Gaceta on December 3, this reform changes the way a commercial company receives notifications: New company: New company bylaws must include a valid email address…

The importance of advancing toward a paperless cross-border trade in Costa Rica

Author https://blplegal.com/wp-content/uploads/2024/12/Articulo-Comercio-sin-papeles_FOTO.png Jocelyn Vargas Customs Consultant Costa Rica E-mail Costa Rica has made significant strides in pursuing a paperless cross-border e-commerce system driven by market demands and its inherent benefits. The paperless cross-border trade initiative established under the framework of the World Trade Organization’s (WTO) Trade Facilitation Agreement aims, among other objectives, to digitalize the…

New Regulation Streamlines the Entry of Raw Materials for Free Trade Zones into Costa Rica

The Ministry of Foreign Trade and the Ministry of Health have issued regulations under Decree No. 44696-S-COMEX, allowing the admission of products of sanitary interest or their raw materials into the free trade zone and active improvement regimes without requiring sanitary registration or authorization notification, considering the following: The products of sanitary interest or their…