Marco Abellán – Director, Costa Rica One of the most critical—and frequently misunderstood—rules in Costa Rica’s immigration system is the obligation to maintain the qualifying investment until permanent residency is formally granted. Unfortunately, this is an area where poor or informal advice often leads to serious legal consequences. Under Costa Rican immigration law, investor residency…
Category Archives: Costa Rica
At BLP, Blog, Business Law, Costa Rica, Public Law, Public Procurement & Regulation, Regulatory Compliance, Prevention and Risk Management
Newsflash Guatemala | Constitutional Court Confirms Obligation to Report Beneficial Ownership before the General Registry of State Procurement (RGAE)
28
Apr
Apr
The Constitutional Court of Guatemala declared inadmissible the action of unconstitutionality filed against provisions of Government Agreement 133-2024. With this ruling, the obligation to identify the beneficial owner remains in force for all individuals and legal entities seeking to register, update, or remain in the General Registry of State Procurement (RGAE). As a result, the…
At BLP, Blog, Costa Rica, Labor & Employment
Newsflash Costa Rica | Labor Reform on Breastfeeding Now in Force: New Obligations for Employers
27
Apr
Apr
Costa Rica: Reform to the Labor Code on Breastfeeding Rights (File No. 24.481) File No. 24.481, which amends Articles 95 and 97 of the Labor Code, has been published in the Official Gazette (La Gaceta) and entered into force immediately as of April 24, 2026. This reform introduces relevant changes to the breastfeeding regime applicable…
23
Apr
Apr
BLP Advises on Sojitz’s Investment in VEINSA BLP participated in the transaction through which Sojitz Corporation agreed to a potential investment in Vehículos Internacionales Veinsa S.A. (VEINSA), a wholly owned subsidiary of Age Motors. VEINSA is one of the leading vehicle distributors in Costa Rica, representing brands such as Geely, Mitsubishi, Peugeot, Citroën, Zeekr, and…
At BLP, Blog, Costa Rica, Sanitary Registration of Products
Newsflash Costa Rica | Ministry of Health: Extension of validity of sanitary registrations
23
Apr
Apr
Costa Rica: Extension of Validity of Sanitary Registrations for Medicines (Resolution DM-1725-2026) The Ministry of Health of Costa Rica issued Resolution DM-1725-2026, establishing an exceptional one-year extension of the validity of certain sanitary registrations for medicines that are required to demonstrate therapeutic equivalence. This measure aims to ensure the continuity in the supply of essential…
Analysis, At BLP, Blog, Business Law, Costa Rica
Practical Guide to Merger Processes of Operating Companies in Costa Rica
14
Apr
Apr
Costa Rica: Practical Guide to Merger Processes of Operating Companies The merger of companies constitutes a legal mechanism through which two or more entities are integrated into a single entity, either by absorption (where one entity absorbs the others) or through the creation of a new company. Both modalities entail the dissolution of the legal…
Analysis, At BLP, Blog, Business Law, Costa Rica
Practical Guide to Merger Processes of Operating Companies in Costa Rica
14
Apr
Apr
Author Diego Quirós Associate Costa Rica E-mail Costa Rica: Practical Guide to Merger Processes of Operating Companies The merger of companies constitutes a legal mechanism through which two or more entities are integrated into a single entity, either by absorption (where one entity absorbs the others) or through the creation of a new company. Both…
Analysis, At BLP, Blog, Business Law, Costa Rica
Commercial Code Reform Introduces New Requirements for Corporate Representation
26
Mar
Mar
Author Valeria Gutiérrez Associate Costa Rica E-mail Commercial Code Reform and Corporate Representation in Costa Rica Recently, the Legislative Assembly approved Law No. 10840, “Law for the Harmonization of the Commercial Code and the Strengthening of the Special Power of Attorney,” which amends Articles 98 and 146 of the Commercial Code. Through this reform, the…
Blog, Business Law, Costa Rica, News, Telecommunications, Media & Technology
IFX acquires REICO to strengthen its operations in Costa Rica
24
Mar
Mar
IFX Networks Expands in Costa Rica with Acquisition of REICO IFX Networks, operating through the brand IFX-Codisa, completed the acquisition of Redes Integradas Corporativas Ltda. (REICO), a Costa Rican company engaged in information and communications technology solutions and integration. The transaction is expected to expand fiber optic network coverage, a key technology for 5G connectivity….