Category Archives: Costa Rica

Reform of article 9 of the “Law to regulate teleworking”

Yesterday, March 10, 2022, the Legislative Assembly approved in the second debate with 38 votes in favor the reform to article 9, subsection D of the “Law to regulate teleworking” (Law 9738). This reform is intended to guarantee respect for the personal and family privacy of the employee during rest time and to ensure the…

Nicaragua approves reform to the Energy Stability Law for the incorporation of electric vehicles

Katherine Reyes Associate Nicaragua [email protected] On February 15 the Energy Stability Law was reformed, including a series of regulations that seek to promote the use of sustainable technologies that contribute to the reduction of greenhouse gases and combat Climate Change. The most relevant aspects of the legal reform are: Electric vehicles are exempt from compliance…

Compliance Programs

Uri Weinstok Partner Costa Rica [email protected] What are compliance programs? Compliance programs (also called “compliance models”) are a set of policies, procedures, and actions that a company takes to identify and reduce the risks of breaking the Law, remedying potential violations, and generating a culture of compliance within the company. Types of compliance programs Since…

Environmental compliance: A duty and an opportunity

Luis Palacios Associate Costa Rica [email protected] The benefits and risks associated with the degree of conformity in fulfilling official environmental requirements Protection of the environment and the practice of sustainability produce business byproducts that generate tangible benefits such as increased sales, revaluation of the brand, and avoidance of penalties. Companies that apply policies, processes, and…

Regulating prices is (almost always) a bad idea

Uri Weinstok Partner Costa Rica [email protected] High prices commonly lead to an attempt to control them through regulation. This remedy, while tempting, is rarely a suitable solution. Rather, price controls tend to aggravate problems before they fix them. Paradoxically, even in the face of abundant evidence and repeated examples of failure, some consumers feel protected…

Costa Rica will request an entry visa from Venezuelan nationals

According to guidelines issued by the Immigration Office, as well as the provisions of the Regulation for the Granting of Entry Visas to Costa Rica (Executive Decree No. 36626-G): As of February 21, 2022, Costa Rica will require Venezuelan nationals to present an entry visa. Venezuelans must now process a consulted visa before the consulates…

Costa Rica legalizes outdoor commerce for restaurants, cafes, bars, and more

https://www.blplegal.com/blp-web-2021/wp-content/uploads/2022/02/events-Luis-Palacios.png Luis PalaciosAssociate Costa [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. Squares. Municipal streets and roads. Other public places defined by the respective municipality. The authorization…

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. Do not miss any of these dates and avoid fines and penalties. Corporate Obligations Guide 2022…

Company obligations guide 2022

Learn about your annual compliance obligations in Costa Rica. Applies to all companies registered in Costa Rica, whether active or inactive. Due date for filing and payment: January 31st 2022. Last day for receiving funds at BLP: January 25, 2022.  The annual amount to be paid by companies depends on the gross income declared in…