On October 4, 2022, the Legislative Assembly approved a new Fire Department Law for El Salvador. The purpose of the law is to modernize the fire department, giving it more institutional independence to enable a faster response to an emergency. This law implements an Ad-Valorem tax of 5% on the contracting, extension, renewal, or modification…
Category Archives: News
Blog, El Salvador, Labor & Employment, News
Reform to the Labor Code increase fines for labor infractions by employers in El Salvador
06
Oct
Oct
Legislative Assembly reforms the Labor Code to increase fines for labor infractions by employers On October 4, 2022, the Legislative Assembly of El Salvador reformed Art. 627 of the Labor Code to increase the fines for labor infractions against books I, II, and III of the Labor Code and those infractions that do not have…
Anti-money Laundering Compliance, Blog, El Salvador, News
New technical rules for the AML prevention in El Salvador
05
Oct
Oct
The Standards Committee of the Central Reserve Bank has issued new Technical Rules for the Management of Money Laundering and Asset Laundering Risks, Financing of Terrorism and Financing of Weapons of Mass Destruction Proliferation (NRP-36). As approved by the Central Reserve Bank on September 23, 2022, the Rules will enter into effect on October 10,…
Blog, Guatemala, Labor & Employment, News
El Salvador publishes a new orientation guide with preferential tax regimes
03
Oct
Oct
The Ministry of Finance has issued the new “general guide to facilitate the recognition of countries, states or territories with preferential tax regimes and tax treatment,” which will be in effect for the 2023 fiscal year. Under the provisions of article 62-A of the Tax Code, the guide facilitates the recognition of countries, states, or…
Blog, Guatemala, Labor & Employment, News
Modification of contributions to the IGSS for part-time work in Guatemala
29
Sep
Sep
The Board of Directors of the Guatemalan Institute of Social Security issued Agreement 1520 on August 4, in which it modifies the Regulation on the Collection of Contributions to the Social Security Regime, including the regulation of contributions in part-time work. Within the Agreement, the bases on which the quotas applicable to part-time work must…
Blog, Costa Rica, Global Mobility & Relocation, News
Renewal process of migratory identity documents for foreigners in Costa Rica
29
Sep
Sep
The Immigration Office informed*, that upon expiration of the term (September 30, 2022) of the extension of the validity of the documents that accredit the legal permanence of foreigners in the country (known as DIMEX or popularly as cedulas de residencia), foreigners will have a term of three months to carry out the renewal procedure….
Blog, El Salvador, Labor & Employment, News
New law for the protection of breastfeeding is issued in El Salvador
28
Sep
Sep
On September 27, 2022, the Legislative Assembly of El Salvador issued the law, “Love Converted into Food for the Promotion, Protection and Support of Breastfeeding.” This law has labor implications for companies regarding the establishment of lactation rooms and the granting of paid breaks to recent mothers to breastfeed or collect their milk during working…
Blog, News, Nicaragua, Sanitary Registration of Products
Nicaragua bans the importation of electronic cigarettes
19
Sep
Sep
On September 6, the General Directorate of Customs Services issued the technical circular identified as CT/116/2022, informing the officials of the General Directorate of Customs Services and the public of the prohibition on the importation of electronic cigarettes and the obligation of importers and exporters of tobacco to register before the National Sanitary Regulation Authority….
15
Sep
Sep
On September 14, 2022, the Legislative Assembly of El Salvador decreed paid leave for workers from the public and private sector for September 16, 2022. If an employee works on this date, the employer must pay a surcharge of 100% on his/her salary. BLP has ample experience advising national and international companies on labor matters…
Blog, Energy & Infrastructure, Environment, Health & Safety, Guatemala, News
Law on Electric Mobility Incentives in Guatemala
11
Aug
Aug
On August 9, 2022, the Congress of the Republic of Guatemala approved Decree 40-2022, which contains the Law on Incentives for Electric Mobility offering tax inducements on the importation, sale, and use of electric vehicles or those that run on hydrogen, as well as hybrid cars. Tax benefits include exemption from the Value Added Tax…