Category Archives: Analysis

How should appeals be submitted as of the entry into force of the new Public Procurement Law and its Regulations?

As of the entry into force of the new Public Procurement Law No. 9986 and its Regulations, all procedures related to public procurement must use the SICOP platform, including appeals to object to the solicitation and revocation or appeal against the awarding act. Regarding appeals and objections before the Comptroller General of the Republic, the…

Implementation of compliance programs to reduce the criminal liability of legal entities for acts of corruption

According to the Law on the Liability of Legal Entities on Domestic Bribery, Transnational Bribery and Other Crimes (“Law”), legal entities (domestic or foreign) and other business structures (such as trusts, associations, and foundations) will be criminally liable for their acts of corruption, as are parent companies for actions of their subsidiaries and affiliates. Such…

The importance of franchises to do business in Guatemala

https://blplegal.com/blp-web-2021/wp-content/uploads/2023/05/La-importancia-de-las-franquicias-para-hacer-negocios-en-Guatemala_FOTO-.png Jeaneth Divas Senior Associate Guatemala [email protected] Legal framework of the Franchise Agreement in Guatemala Franchising is a result of commercial expansion around the world; it is a way by which a merchant/entrepreneur who already has an established, proven, and successful business model in the marketing of its products and services under an identifying trade…

New Law for the Cultivation and Commercialization of Cannabis and Hemp in Costa Rica

https://blplegal.com/blp-web-2021/wp-content/uploads/2022/12/Articulo-Nueva-ley-para-el-consumo-del-cannabis.png Giancarlo Andreoli Senior Associate Costa Rica [email protected] In Costa Rica, recently, Law number 10.113 called “Cannabis Law for Medicinal and Therapeutic Use and Hemp for Food and Industrial Use” was approved, establishing six months to regulate said Law by the Executive Branch, which has executed those regulations as published in the official newspaper La…

Tax treatment of donations and other free transfers

Michelle Avilés Senior Associate Nicaragua [email protected]  A free transfer is when the donor (transferor) bestows a benefit or right without being paid, even though the transfer may be subject to the fulfillment of certain conditions, such as an inheritance, donation, or prize. The taxpayer in this type of conveyance is the party who accepts the…

Yellow and red cards and the use of VAR in the employment relationship

Alexandra Aguilar Director at BLP Costa Rica [email protected]  In a few months, the World Cup, one of the most anticipated sporting events—in our county at least–begins. As we all know, the tournament will be held in Qatar and has created much expectation, either because the National Team will be one of the protagonists or because…

Incentives for electric mobility

Ruben Fuentes Senior Associate Guatemala [email protected] On August 31, 2022, Decree No. 40-2022, which contains the Law on Incentives for Electric Mobility, entered into force. Under this regulation, the aim is to promote the use of vehicles powered by electricity or hydrogen. Part of the objectives of the law above includes the mitigation of greenhouse…

How does the foreign capital investment promotion law in Guatemala work?

Ruben Fuentes Senior Associate Guatemala [email protected] In the next few days, Decree 46-2022 of the Congress of the Republic containing the Law for the Promotion of Foreign Capital Investment will come into force. With the new legislation, the Government of Guatemala seeks foreign investors to enjoy incentives, making the country attractive to the arrival of…