Category Archives: Analysis

New GMP Certification Framework for the Food and Beverage Industry in Honduras

Author Andrea Elvir Associate Honduras E-mail Honduras: New GMP Certification Framework for the Food and Beverage Industry The Sanitary Regulation Agency (ARSA) has approved a new regulatory framework establishing recovery fees and requirements for obtaining the Good Manufacturing Practices (GMP) Certificate for the national processed food and beverage industry. This certificate is a key element…

Commercial Code Reform Introduces New Requirements for Corporate Representation

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…

Honduras Strengthens Oversight of Health Advertising: What Agreement 0142-ARSA-2025 Establishes

Authors Ivis Alvarado Senior Associate Honduras E-mail Andres Elvir Associate Honduras E-mail Honduras Strengthens Oversight of Health Advertising: What Agreement 0142-ARSA-2025 Establishes Agreement No. 0142-ARSA-2025, issued by the Honduran Health Regulatory Agency (Agencia de Regulación Sanitaria – ARSA), establishes the regulatory framework for the control, supervision, and regulation of advertising related to products, establishments, and…

The Free Trade Zone Regime: Adapting to Change Beyond Investment Attraction and Job Creation

Simón Sauvé – Director, Costa Rica For many years, the Free Trade Zone Regime has been one of Costa Rica’s most important tools for attracting foreign investment, generating quality employment, and strengthening productive development. More than a set of tax incentives, this regime forms part of a comprehensive strategy to integrate the country into global…

Selling the Investment Too Early: A Mistake That Can Cost You Residency

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…

Image Rights, Digital Content, and the Legal Protection of Content Creators in Honduras

Paola Zavala – Associate, Honduras Today, content creators play a significant role within the digital and commercial environment, raising important questions regarding the legal protection of their image, their creations, and the responsibilities they assume when publishing content on digital platforms. Under Honduran law, these issues may be analyzed in light of the Constitution of…

Good Faith: The Silent Pillar of Arbitration

Carolina Diab – Special Counsel, Guatemala In arbitration—as in life—not everything is written. Beyond rules, deadlines, and formalities, there exists a principle that silently upholds the legitimacy of the process: good faith. It is not always mentioned and is rarely expressly regulated, yet when it is absent, arbitration suffers and loses its essence. Revisiting this…

Costa Rica and the New Global Migration of Wealth

Global Wealth Migration and Costa Rica’s Strategic Opportunity The world is undergoing a profound transformation: never before have so many high-net-worth individuals (HNWIs) chosen to live outside their countries of origin. It is no longer just corporate executives relocated by their employers, but entrepreneurs, investors, mobile professionals, and multinational families who decide where to live…

Regulating New Technologies in Central America: Follow Global Trends or Reinvent the Wheel?

León WeinstokDirector, Costa RicaE-mail The rapid pace of technological development in recent years has challenged the ability of countries to adapt their regulatory frameworks quickly and effectively. In Central America, this tension is particularly pronounced, given the structural lag in innovation, digital infrastructure, and technology governance. The region faces a crucial dilemma: should it adopt…