Category Archives: At BLP

Newsflash | Nicaragua reforms the Tax Concertation Law and adjusts the ISC

Nicaragua: Reform to the Tax Concertation Law (Law No. 1279) Managua, April 9, 2026 — On April 8, 2026, the National Assembly approved Law No. 1279, which reforms and partially repeals Law No. 822 (Tax Concertation Law). The reform was published in La Gaceta, Official Gazette No. 61, and entered into force immediately. What Changes?…

Practical Guide to Merger Processes of Operating Companies in Costa Rica

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…

Newsflash | Nicaragua takes a decisive step to attract investment: Free trade zone tax incentives are now indefinite

Nicaragua: Free Trade Zone Reform Introduces Indefinite Tax Incentives (Law No. 1278) On April 9, 2026, Law No. 1278 entered into force, amending Nicaragua’s Free Trade Zone Law. While the reform is targeted in its wording, its implications are substantial: the tax incentive regime currently available to operators and users of free trade zones now…

Practical Guide to Merger Processes of Operating Companies in Costa Rica

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…

Newsflash | Nicaragua takes a decisive step to attract investment: Free trade zone tax incentives are now indefinite

Nicaragua: Free Trade Zone Reform Introduces Indefinite Tax Incentives (Law No. 1278) On April 9, 2026, Law No. 1278 entered into force, amending Nicaragua’s Free Trade Zone Law. While the reform is targeted in its wording, its implications are substantial: the tax incentive regime currently available to operators and users of free trade zones now…

Newsflash | Honduras enacts new Part-Time Employment Law

Honduras: New Legal Framework for Part-Time Work (Decree 45-2026) For the first time, Honduras introduces a clear legal framework for part-time work through Decree 45-2026, a model widely used in practice but, until now, lacking specific regulation. Why It Matters The law aims to promote job creation and formalize flexible work arrangements, but under a…

Newsflash | Honduras enacts new Part-Time Employment Law

Honduras: New Legal Framework for Part-Time Work (Decree 45-2026) For the first time, Honduras introduces a clear legal framework for part-time work through Decree 45-2026, a model widely used in practice but, until now, lacking specific regulation. Why It Matters The law aims to promote job creation and formalize flexible work arrangements, but under a…

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

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 in ensuring the safety, quality, and reliability of products manufactured in the country. Scope and Obligated Parties…

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…