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…
Category Archives: Costa Rica
Banking & Finance, Blog, Costa Rica, News
BLP advised Davivienda in Scotiabank’s Acquisition in Costa Rica
09
Jan
Jan
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…
Blog, Costa Rica, El Salvador, Guatemala, Honduras, Labor & Employment, News, Nicaragua
2025 Labor Holiday Calendar: An Essential Resource for Business Planning
08
Jan
Jan
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…
Analysis, Blog, Costa Rica, Environment, Health & Safety
New Regulation strengthens prevention and response to chemical accidents in Costa Rica
20
Dec
Dec
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…
Blog, Costa Rica, Environmental, Social and Governance (ESG), News
The Blue Fund: A Key Boost for Marine Conservation in Costa Rica
19
Dec
Dec
To preserve marine biodiversity and meet global conservation goals, the Costa Rica Forever Association has established the Blue Fund, an innovative financial trust, that marks a turning point in the protection of Costa Rica’s marine ecosystems. This project is supported by BLP’s legal advisory, which played a key role in the development and structuring of…
Blog, Business Law, Costa Rica, News
Important Changes for Companies and Contract Signing in Costa Rica
18
Dec
Dec
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…
Analysis, Blog, Costa Rica, Free Trade Zones
The importance of advancing toward a paperless cross-border trade in Costa Rica
11
Dec
Dec
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…
Blog, Costa Rica, Free Trade Zones, News, Sanitary Registration of Products
New Regulation Streamlines the Entry of Raw Materials for Free Trade Zones into Costa Rica
02
Dec
Dec
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…
Banking & Finance, Blog, Costa Rica, News
BLP advised IFC on a $20 Million Investment in Grupo Farmanova Intermed (GFI)
28
Nov
Nov
BLP advised the International Finance Corporation (IFC), a member of the World Bank Group, on an investment of up to USD 20 million in Grupo Farmanova Intermed (GFI), a regional leader in marketing, sales, distribution, and logistics. This investment aims to expand access to high-quality, effective, safe medicines in Central America and the Caribbean. The…
At BLP, Blog, Costa Rica, El Salvador, Environmental, Social and Governance (ESG), Guatemala, Honduras, News, Nicaragua
BLP is honored as Pro Bono Leading Light 2024 by Latin Lawyer
21
Nov
Nov
We are excited to announce that BLP has once again been recognized in Latin Lawyer’s prestigious Leading Lights 2024 list, underscoring our steadfast commitment to fostering a robust pro bono culture across Central America. Latin Lawyer acknowledges law firms that have made significant strides in advancing pro bono initiatives, and BLP is proud to be…