The uncertainty generated by the current situation has led companies and investors to rethink their options on how and where to operate. With this in mind, our Real Estate & Hospitality team shows the different options and advantages that Central America offers, using the case of Costa Rica as an example, a country that stands…
Category Archives: At BLP
16
Dec
Dec
NICARAGUA: APPROVED REGULATION MINISTRY OF LABOR / FREE TRADE ZONES COMISSION MINISTRY OF HEALTH / NATIONAL INSTITUTE OF CIVIL AERONAUTICS (INAC) SUPERINTENDENCY OF BANKS AND OTHER FINANCIAL INSTITUTIONS (SIBOF) NATIONAL MICROFINANCE COMMISSION (CONAMI) NICARAGUA: APPROVED REGULATION MINISTRY OF LABOR / FREE TRADE ZONES COMISSION Tripartite Labor Agreement to Address the National Emergency (March 24, 2020) –…
16
Dec
Dec
APPROVED LEGISLATION AND PROVISIONS EXECUTIVE BODY PROVISIONS OF THE PRESIDENT OF THE REPUBLIC OF GUATEMALA PROVISIONS OF THE MINISTRY OF PUBLIC HEALTH PROVISIONS OF THE MINISTRY OF ECONOMY PROVISIONS OF THE GOVERNMENT MINISTRY PROVISIONS OF THE GENERAL REGISTRY OF PROPERTY PROVISIONS OF THE TELECOMMUNICATIONS SUPERINTENDENCY PROVISIONS OF THE MINISTRY OF LABOR …
16
Dec
Dec
EL SALVADOR: APPROVED REGULATION LEGISLATIVE ASSEMBLY EXECUTIVE BRANCH JUDICIAL BRANCH EL SALVADOR: REGULATION TO BE APPROVED LEGISLATIVE ASSEMBLY LEGISLATIVE ASSEMBLY Legislative Decree No. 593 dated March 14, 2020- Declaration of National Emergency No worker who is quarantined by COVID-19, ordered by the competent health authority, nor those who are unable to return to the…
16
Dec
Dec
COSTA RICA: APPROVED REGULATION PRESIDENTIAL HOUSE LEGISLATIVE ASSEMBLY MINISTRY OF HEALTH AND CCSS (COSTA RICAN AUTHORITY ON HEALTH AND SOCIAL SECURITY) INS (NATIONAL INSURANCE INSTITUTE) MINISTRY OF LABOR (MTSS) TREASURY CUSTOMS COSTA RICAN INSTITUTE OF ELECTRICITY JUDICIAL AUTHORITY CENTRAL BANK, FINANCIAL SYSTEM SUPERVISORY NATIONAL BOARD (“CONASSIF” for its acronym in Spanish) AND SUPERINTENDENCIES MINISTRY OF…
At BLP, Blog
Costa Rica Tax Administration updates Income Tax amounts and tax credits from January 1st, 2021.
09
Dec
Dec
By Decree, the Tax Administration updated the income tax amounts and credits for: dependent personal work, retirement or pension, or other remunerations; legal entities; and natural persons with lucrative activities, as detailed below: Income Tax for dependent personal work, retirement or pension, or other remunerations (salary tax) Amount Tax Up to ¢842.000,00 Exempt Over the…
08
Dec
Dec
Labor Transitional provisions to protect employees with underlying medical conditions vulnerable to Covid-19 On November 19, 2020, the Legislative Assembly enacted transitional provisions to protect employees with underlying medical conditions vulnerable to Covid-19 (“Transitional Provisions”). These provisions extend a decree enacted in September 2020 which was in force until October 23, 2020. Scope of application: The…
At BLP, Blog
BLP advised IDB Invest on a $60 million loan to support women-owned or led small and medium-sized enterprises (SMEs).
23
Sep
Sep
On August 25, 2020, IDB Invest granted BAC in El Salvador a senior unsecured 5-year loan for $60 million. BLP’s Banking and Finance team led by Mariana Nochez and Hunton Andrews Kurth (Washington DC) advised the lender. BAC will use the loan proceeds for the Mujer Acelera (Woman Accelerates) program. This is an initiative created in 2007…
21
Sep
Sep
Costa Rica is an ideal location for the cultivation of cannabis, giving the country a chance to be a key participant in the new so-called “Green Gold” market. If you are interested in exploring this new business opportunity and related commerce, our dedicated cannabis team shares the following content series. Business Opportunities in the Cultivation…
16
Sep
Sep
Nowadays, technology has become an indispensable resource to continue operating, but although it represents advantages, it also implies potential threats that are just a click away. With this in mind, our Cybersecurity & Data Protection team presents a series of content in which we analyze the legal aspects in different areas that affect companies. Cybersecurity…