On March 27th 2020, the Costa Rican Ministry of Health, issued the third version of the general guidelines for commercial condominiums, condominiums with commercial and residential spaces, and residential condominiums on account of the COVID-19 sanitary alert. The guidelines reiterate the cancellation of commercial and social events and clarifies that the common areas in the condominiums and…
Category Archives: News
30
Mar
Mar
The Ministry of Treasury issued the Regulations for the Tax Relief Law, which established the moratorium on the payment of VAT, Income Tax advance payments, excise tax, and import duties during the months of April, May and June 2020. The Regulations establish that taxpayers registered at the Single Tax Registry (RUT by its name in…
30
Mar
Mar
Given recent governmental measures to address the COVID-19 situation, we provide a summary of the main provisions that facilitate the continuance of business and commercial activities by using remote communication technologies, digital signatures, and digital checks. Remote communication technologies allow parties to participate and make decisions in shareholders and directors meetings, as well as convoking meetings….
30
Mar
Mar
Due to the State of Calamity decreed by the Guatemalan government, because of COVID-19, restrictive measures have been enacted to prevent the spread of the virus. Said measures have restricted the opening of shopping centers, offices and other private establishments, as they are not among the exceptions granted for the continuation of operations. Consequently, questions…
26
Mar
Mar
On March 21, 2020, the Government issued the executive Decree No. 12 (“the Decree”), whereby it has established several measures to contain the COVID-19 pandemic. Some of its most important aspects include: Purpose: the purpose of the Directive is to impose a national household quarantine and to limit commercial activities for 30 days. The Directive…
Blog, News
Work from home for Free Trade Zone Companies during National State of Emergency in Costa Rica for COVID-19
26
Mar
Mar
By circular DGA-006-2020 of March 19, 2020, the General Directorate of Customs authorized Free Trade Zone companies to take the following measures while the National Emergency Decree remains in force. Transfer of computer equipment and furniture Transfer the necessary and indispensable computer equipment and furniture, so that the employees can carry out the functions authorized…
26
Mar
Mar
General On March 18, 2020, decrees for the measures of the Economic Response and Relief Plan were submitted to the Legislative Assembly, pending their approval. This includes funding to create the $2 billion Emergency, Recovery and Economic Reconstruction Fund, which will include $50 million for micro and small businesses to create productive capacity and ventures,…
26
Mar
Mar
Last week Guatemala joined the list of countries that confirm the existence of the COVID-19 virus, making this situation an imminent call to all businessmen and leaders of institutions, including educational centers, to review and raise the need for a plan of internal prevention, protocols and guidelines that indicate the appropriate handling of any situation…
25
Mar
Mar
The Government of Costa Rica, today 23rd of March 2020, announced stronger sanitary measures to reduce the spread of COVID-19 in the country. In this sense, the following was expanded in terms of immigration measures: As of March 24, 2020, any foreign person who is a Resident or with any approved regular status in the…
25
Mar
Mar
Due do the actual state of emergency declared by the Government and the corresponding guidelines that have been issued to prevent the Coronavirus (Covid-19) from spreading, its essential to know the main implications of this situation on tenders in process and contracts that are in execution under the Public Procurement Regulations. What happens with the…