Costa Rica: Reform to the Labor Code on Breastfeeding Rights The Legislative Assembly approved in second debate file No. 24.481, which reforms articles 95 and 97 of the Labor Code, introducing relevant changes to the breastfeeding regime applicable to labor relations. Key Changes in Labor Matters Expression of milk: The right to express breast milk…
Category Archives: At BLP
Analysis, At BLP, Blog, Environment, Health & Safety, Honduras
Honduras Strengthens Oversight of Health Advertising: What Agreement 0142-ARSA-2025 Establishes
17
Mar
Mar
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…
At BLP, Banking & Finance, Blog, El Salvador
Newsflash: Repeal of Article 10 of the Banking Law: New Investment Opportunities
16
Mar
Mar
El Salvador: Reform to the Banking Law Expands Foreign Investment Opportunities The Legislative Assembly approved an amendment to the Banking Law (the “Reform”), fully repealing Article 10 of such law. Former Article 10 established requirements and conditions that Salvadoran banks were required to meet regarding their shareholding structure, based on nationality criteria and the regulatory…
At BLP, Blog, Guatemala, Tax
Newsflash – Guatemala: 100% Exemption of IGSS Surcharges (Agreement 1556)
06
Mar
Mar
Guatemalan Social Security Institute – Agreement Number 1556 Exemption from Surcharges on Social Security Contribution Fees Agreement Number 1556, issued by the Board of Directors of the Guatemalan Social Security Institute (IGSS) on January 28, 2025, regulates the exemption of one hundred percent of the surcharges on Social Security contribution fees that are paid or…
Analysis, At BLP, Blog, Costa Rica, Free Trade Zones
The Free Trade Zone Regime: Adapting to Change Beyond Investment Attraction and Job Creation
25
Feb
Feb
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…
Analysis, At BLP, Blog, Costa Rica
Selling the Investment Too Early: A Mistake That Can Cost You Residency
18
Feb
Feb
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…
Analysis, At BLP, Blog, Honduras, Intellectual Property
Image Rights, Digital Content, and the Legal Protection of Content Creators in Honduras
11
Feb
Feb
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…
Analysis, At BLP, Blog, Business Law, Competition & Antitrust, Dispute Resolution, Guatemala, Private Clients & Estate Planning, Real Estate & Hospitality
Good Faith: The Silent Pillar of Arbitration
09
Feb
Feb
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…
Analysis, At BLP, Banking & Finance, Blog, Business Law, Costa Rica, Energy & Infrastructure
Costa Rica and the New Global Migration of Wealth
16
Jan
Jan
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…