Category Archives: News

Executive Decree: Mandatory vaccination against COVID-19 in Costa Rica

The President of the Republic and the Minister of Health have issued a decree, which is expected to be published in the Official Gazette in the following hours, which establishes the obligation of public sector employees to be vaccinated against COVID-19 for employees of the public sector, as well as the possibility for employers in…

Update on the Final Beneficiary Registry in Nicaragua

The communication summarizes the legislative updates that impact commercial companies established in Nicaragua. The updates include a series of new obligations before the Public Mercantile Registry (RPM) and before the recently created Registry of Final Beneficiary (RBF). The RPM requires that all companies registered in Nicaragua must carry out an Update of Basic Information, which is…

Costa Rica opens its doors to digital nomads

Digital nomads can now establish their “offices” at Costa Rica’s beaches, in the mountains, near volcanoes, or within a variety of ecosystems. The country recently signed a pioneering law of a singular kind to attract workers and remote service providers on an international scale. With these new regulations, Costa Rica has instituted an ideal legal…

Part-time hiring in Guatemala

The Constitutional Court has declared as without merit the actions brought against the Regulations of Convention 175 of the International Labor Organization (ILO) on Part-Time Work issued through Government Agreement 89-2019 of the President of the Republic. As a result, the Regulations on Part-time Work are now in effect, raising questions about part-time hiring including…

Minimum wage increase in El Salvador

On July 6, 2021, the Minimum Wage National Council approved the respective decrees to increase the minimum wage for all sectors of the economy including commerce, services, industry, textile maquilas, agroindustry, and agriculture. The decrees were submitted to the Executive Branch for final approval and publication in the Official Gazette. According to governmental authorities, the…

Classification criteria for Large Taxpayers in Costa Rica

The General Directorate of Taxation of Costa Rica has issued a communication that establishes the classification criteria to qualify as a Large Taxpayer (Resolution of the General Directorate of Taxation No. DGT-R-22-2021 Taxpayers who meet any of the following qualifications will be under the jurisdiction of the Directorate of Large National Taxpayers: Paid average taxes…

Rapprochement with the United States opens new routes for foreign investment in the northern triangle of Central America.

The Vice President of the United States of America, Kamala Harris, visited Guatemala on June 6 and 7, 2021. During her visit, she highlighted issues such as the illegal migration of people to her country, state corruption in Guatemala and the promotion of employment formal as an appropriate way for the sustainable development of Guatemalans….

Anticorrupción en la Región: El Departamento de Justicia de los Estados Unidos se enfoca en Centroamérica

The US Department of Justice announced on June 7, 2021, an initiative focused on fighting corruption and other criminal activity in Central America, which will be centered for the time being on the Northern Triangle countries of El Salvador, Honduras, and Guatemala. The press release announcing the initiative said the efforts will feed into its…

Extension of the reduction of working hours for the tourism sector of Costa Rica

Approval of the extension of the period authorizing the reduction of working hours for the Tourism Sector, due to the Declaration of National Emergency. On May 21, 2021, Law 9982 went into effect allowing employers in the Tourism Sector who demonstrate that they are still economically affected by the pandemic to request the reduction of…