On February 18, 2025, Resolution JM-24-2025, issued by the Monetary Board, was published in the Diario de Centro América, approving the Regulation on the Registration of Insurance, Reinsurance, and Independent Adjuster Intermediaries (hereinafter, the “Regulation”), included in the annex of said resolution. This new regulation replaces Resolution JM-13-2011, which previously governed the registration of insurance…
Category Archives: Guatemala
At BLP, Blog, Costa Rica, El Salvador, Environment, Health & Safety, Guatemala, Honduras, Nicaragua
BLP Named Central America Law Firm of the Year and Vivian Liberman Recognized as ESG Leader of the Year
18
Jun
Jun
BLP has been named “Central America Law Firm of the Year,” and partner Vivian Liberman has been awarded “Latin America: ESG Leader of the Year” at the 2025 Women in Business Law Awards. San José, June 17, 2025. During the Women in Business Law Awards ceremony held in New York City, BLP received two of…
Blog, Costa Rica, El Salvador, Ethics & Anti-Corruption, Guatemala, Honduras, News, Nicaragua, Regulatory Compliance, Prevention and Risk Management
Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America
12
Jun
Jun
Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America After months of uncertainty following the temporary suspension of the enforcement of the Foreign Corrupt Practices Act (“FCPA”), the U.S. Department of Justice issued new guidelines that resume its implementation, this time with an approach that may lead to increased scrutiny…
Blog, Energy & Infrastructure, Guatemala, News
Puerto Quetzal: A Strategic Alliance Redefining Infrastructure in Guatemala
10
Jun
Jun
On May 22, 2025, the Government of Guatemala, through its Ministry of Defense, signed an agreement with the U.S. Army Corps of Engineers (USACE) for the modernization of Puerto Quetzal—a landmark moment in the development of the country’s critical infrastructure. This agreement not only enhances international technical cooperation but also paves the way for private…
At BLP, Banking & Finance, Blog, Business Law, Costa Rica, El Salvador, Environmental, Social and Governance (ESG), Guatemala, Honduras, Nicaragua
BLP Wins Four IFLR Americas Awards 2025 for Legal Innovation and Sustainability in Latin America
15
May
May
On May 14, at the Met Club in New York City, more than 100 attendees gathered to celebrate the most innovative legal deals, outstanding teams and firms, and influential individuals of the past year at the IFLR Americas Awards 2025. BLP’s exceptional performance earned four prominent awards: Deal of the Year: Debt and Equity Linked…
Blog, Energy & Infrastructure, Guatemala, News
Investment Opportunity in Road Infrastructure: International Tender for the El Rancho–Teculután Expansion in Guatemala
02
May
May
Guatemala is preparing to launch an international public tender for the expansion of a key highway segment: the El Rancho–Teculután section of the CA-9 Corridor, with an investment value of US$175 million. This initiative presents a significant opportunity for construction, supervision, and infrastructure investment firms worldwide. The project consists of expanding 35 kilometers of the…
Blog, Energy & Infrastructure, Guatemala, News
PEG-5 and PET-3: Guatemala launches mega-projects and boosts its energy future
29
Apr
Apr
On 23 April 2025, the Guatemalan Ministry of Energy and Mines (MEM) and the National Electricity Commission (CNEE), officially announced the launch of tenders for (1) PEG-5 of EEGSA, DEOCSA, and DEORSA[1] and (2) PET-3 of the MEM, representing an important step in developing the country’s energy sector. PEG-5 The main objective of PEG-5 is…
Analysis, Blog, Business Law, Guatemala, Labor & Employment, Tax
Employee Stock Plans and Their Deductibility in Income Tax (ISR): Key Considerations
07
Apr
Apr
Author https://blplegal.com/wp-content/uploads/2025/04/Planes-de-Acciones-para-Empleados_FOTO-Elisa-Lacs.png Elisa Lacs Senior Associate Guatemala E-mail Employee stock plans, known as stock options or employee share ownership plans (ESOPs), are a strategic tool for attracting and retaining talent. However, their tax treatment in Guatemala raises questions about their deductibility under the Income Tax (ISR). A key issue is whether these plans can be…
Banking & Finance, Blog, Environmental, Social and Governance (ESG), Guatemala, News
BLP advised IDB Invest on its investment in Banco Promerica’s second series of sustainable bonds in Guatemala.
25
Mar
Mar
Banco Promerica has issued a second series of sustainable bonds in book-entry form, totaling US$15 million. This issuance is part of Banco Promerica’s US$500 million program, which allows the bank to issue green, social, or sustainable bonds up to that amount. This bond issuance will enable Banco Promerica to continue financing projects, companies, and initiatives…
20
Mar
Mar
Starting Monday, March 17, 2025, the Personal Identification Document (DPI) will automatically become the Tax Identification Number (NIT), eliminating the need to manage a separate NIT. This measure, implemented by the Tax Administration Office (SAT) through resolution SAT-DSI-393-2025, seeks to simplify administrative and tax procedures in the country. Key Changes and Benefits: DPI Access to…