Category Archives: Blog

BLP asesoró a IFX en la adquisición de Gold Data

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 […]

New Protection Unit for Cardholders in Guatemala: What Does It Mean for Banks and Users?

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 […]

Business Law Perspectives – October 24–30, 2025 Edition

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) […]

BLP advises PROPARCO on sustainable financing to Banco Promerica

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. […]

Learn about the new contribution rates and payroll deduction priorities in Costa Rica

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 […]

Special and transitory law granting facilities for the voluntary compliance of tax, customs, traffic, and other penalties

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 […]

Business Law Perspectives – October 18–23, 2025 Edition

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 […]

Business Law Perspectives – October 11–17, 2025 Edition

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 […]

New special law on money laundering and terrorism financing in El Salvador

On October 9, Legislative Decree No. 426 was published in the Official Gazette, enacting the Special Law for the Prevention, Control, and Sanction of Money Laundering, Terrorism Financing, and the Financing of the Proliferation of Weapons of Mass Destruction (the “Law”). Its main purpose is to transform El Salvador’s anti-money laundering regime from a punitive […]