Category Archives: Blog

Business Law Perspectives – August 23-29, 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 adjusts its fiscal strategy: The Ministry of Finance and the Central Bank are reviewing the 2025 financing plan to ensure macroeconomic stability and…

Business Law Perspectives – August 15-22, 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 Economic growth outlook: Costa Rica is expected to be one of the fastest-growing economies in Latin America in 2025, with a projected 3.6% growth rate….

ILO Convention 190 on Violence and Harassment at Work Is Approved

The Legislative Assembly has approved, in a second debate, Convention 190 of the International Labour Organization (ILO), the first international treaty that recognizes the right of every person to a work environment free from violence and harassment, including behaviors motivated by gender. By ratifying the convention, the country commits internationally to adopt legislation requiring employers…

Immigration Update in Costa Rica: Companies Must Be Compliant with CCSS and Ministry of Finance Requirements

The General Directorate of Immigration and Foreign Affairs (DGME) in Costa Rica has introduced new requirements that impact the approval and renewal of various immigration categories, including residence permits, work authorizations, and similar applications. Effective immediately, any company sponsoring an immigration application must demonstrate full compliance with: Costa Rica’s Social Security Administration (CCSS) The Ministry…

Business Law Perspectives – August 8-14, 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 CPTPP negotiations: Costa Rica advances in its accession process after a successful third round in Malaysia. Read more ICT sector growth: Companies show strong potential…

Costa Rica Introduces New Measures for the Management of Health-Related Products

The Costa Rican Ministry of Health has issued three important provisions for companies and professionals involved in managing health-related products: Reactivation of Rejected Applications: The Directorate of Health-Related Products Regulation will assess, on a case-by-case basis, the reactivation of previously rejected files with duly submitted appeals. The decision will take into account the ease of…

Business Law Perspectives – August 1-7, 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 Inflation outlook: The Central Bank projects inflation returning to the 3% ±1% target range by early 2026. Read more Competitiveness agenda: Private sector promotes reforms…

Business Law Perspectives – July 25 to 31, 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 Economic growth outlook: The Central Bank revised its 2025 growth forecast to 3.8%. Read more Export growth: Goods exports increased 14% in the first half…

BLP advises BofA Securities, Inc. on the first international debt issuance by an autonomous institution in El Salvador

BLP advised BofA Securities, Inc., as initial purchaser, in the international R144A bond issuance carried out by the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), which was backed by a sovereign guarantee from the Republic of El Salvador. This transaction marks a milestone in El Salvador’s financial market, as it represents the first international bond…

DGT Issues Key Resolutions Ahead of TRIBU-CR Implementation

On July 24, the Costa Rican General Directorate of Taxation (DGT) published 16 administrative resolutions related to the implementation of TRIBU-CR and the new tax compliance forms and procedures: Resolution Title MH-DGT-RES-013-2025 Regulation on the Registration and Update of Data for Inactive Legal Entities and Informative Return for Inactive Legal Entities MH-DGT-RES-014-2025 Regulation on the…