On October 28, the reform to Article 115 of the Tax Code was approved in its second debate. This amendment introduces significant changes regarding the publication of taxpayer lists. The main modifications include: Monthly publication requirement: A list of delinquent taxpayers, indicating the taxpayer’s name and the amount owed. A list of taxpayers who have…
Category Archives: News
Blog, Guatemala, News
BLP strengthens its team in Guatemala with the addition of Carolina Diab as Special Counsel
04
Nov
Nov
BLP announces the addition of Carolina Diab as Special Counsel at its Guatemala office, reinforcing its team and reaffirming the firm’s commitment to excellence, regional integration, and sustained growth. Carolina Diab brings an outstanding track record across various areas of law, including Dispute Resolution, Corporate Law, Compliance, Estate & Succession Planning, and Competition Law. She…
Blog, Business Law, Costa Rica, Labor & Employment, News, Tax, Telecommunications, Media & Technology
BLP asesoró a IFX en la adquisición de Gold Data
03
Nov
Nov
BLP asesoró a IFX en la adquisición de Gold Data en Costa Rica, una empresa de tecnología especializada en infraestructura de telecomunicaciones que proporciona conectividad directa de alta calidad en toda América y el Caribe. Esta transacción permite a IFX complementar su portafolio de servicios de Data Centers, Cloud, Seguridad y Servicios de Valor Agregado…
Blog, Honduras, Labor & Employment, News
New Protection Unit for Cardholders in Guatemala: What Does It Mean for Banks and Users?
03
Nov
Nov
The Consumer Assistance and Support Directorate (DIACO), a division of the Ministry of Economy (MINECO) of Guatemala, has launched the Financial Services Protection Unit (UPSF) in compliance with the new Credit Card Law, Decree 2-2024, in effect since September 1, 2024. The UPSF will act as a mediator in disputes and conflicts related to financial…
30
Oct
Oct
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica ICE begins construction of San Antonio Solar Plant, which will generate 10.3 MW of clean energy for Costa Rica The Costa Rican Electricity Institute (ICE)…
Banking & Finance, Blog, Costa Rica, News
BLP advises PROPARCO on sustainable financing to Banco Promerica
30
Oct
Oct
BLP advised PROPARCO on the structuring of a USD 50 million senior international loan granted to Banco Promerica, aimed at supporting sustainable and socially impactful projects in Costa Rica. The loan, divided into two tranches — Tranche A (USD 20 million) and Tranche B (USD 30 million) — has maturities of up to ten years….
Blog, Costa Rica, Labor & Employment, News
Learn about the new contribution rates and payroll deduction priorities in Costa Rica
28
Oct
Oct
I. Update on Social Security Contributions Effective January 2026 The Board of Directors of the Costa Rican Social Security Fund (CCSS), through a resolution adopted in 2019, modified the frequency of adjustments to the tripartite contribution rate under the Disability, Old Age and Death (IVM) regime, changing it from every five years to every three…
Blog, Business Law, El Salvador, News, Tax
Special and transitory law granting facilities for the voluntary compliance of tax, customs, traffic, and other penalties
27
Oct
Oct
On October 16, 2025, Legislative Decree No. 427 was published in the Official Gazette, enacting the Special and Transitory Law Granting Facilities for the Voluntary Compliance of Tax, Customs, Traffic, and Other Penalties (the “Tax Amnesty Law” or the “Law”). This regulation was approved by the Legislative Assembly to promote the voluntary regularization of debts…
24
Oct
Oct
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica S&P Global raises Costa Rica’s rating to ‘BB’ and highlights its fiscal strength and export leadership S&P Global Ratings upgraded Costa Rica’s sovereign rating from…
17
Oct
Oct
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica leads in talent, investment, and growth in the medical device sector Costa Rica has established itself as the second-largest exporter of medical devices…