The Ministry of Public Health and Social Assistance of Guatemala (MSPAS) has officially launched the SNAP-GT platform, a new digital tool designed to centralize and streamline health regulatory processes in the country for the processed (prepackaged) food sector. This system will enable a range of procedures related to sanitary registrations, licenses, and authorizations to be…
Category Archives: Blog
Analysis, At BLP, Blog, Costa Rica, Tax
ATENA System: A Step Forward in Costa Rica’s Customs Modernization
24
Jul
Jul
The Superintendency of Tax Administration (SAT) of Guatemala has introduced new provisions aimed at strengthening tax compliance and improving control mechanisms within the country. These measures include updates to reporting obligations, adjustments to existing procedures, and the implementation of new digital tools designed to facilitate interaction between taxpayers and the tax authority. The changes are…
Analysis, At BLP, Blog, Business Law, Costa Rica, Intellectual Property
New Companies in Costa Rica Will No Longer Have a Legal Name in Their Corporate Title
23
Jul
Jul
As of May 2025, a reform to Costa Rica’s Commercial Code has come into effect, eliminating the requirement for legal names (corporate name or trade name) for corporations (S.A.) and limited liability companies (S.R.L.). Under this reform, newly incorporated companies will be identified solely by their corporate identification number (cédula jurídica), which is automatically assigned…
Blog, Costa Rica, Energy & Infrastructure, Guatemala, News
BLP advised IDB Invest and CABEI on a landmark sustainable educational and sports infrastructure project in Guatemala, the first in Central America to obtain the Fast-Infra label verification.
18
Jul
Jul
The San Cristóbal Green Academics and Sports Campus (CSC) project, led by Fundación Montesquieu and its subsidiaries Corporación Educativa Montesquieu and High Learning Operations, marks a milestone in the region’s social infrastructure. With a total investment of US$60 million, the campus will feature more than 29,000 m² of facilities to serve 1,400 preschool-to-high school students,…
Blog, Guatemala, Intellectual Property, News
A new agreement aims to expedite patent grants in Guatemala
15
Jul
Jul
During the General Assemblies of the World Intellectual Property Organization (WIPO), the United States Patent and Trademark Office (USPTO) and the Intellectual Property Registry of Guatemala (RPI) signed a letter of intent to implement the Accelerated Patent Grant (APG) program. This program will allow applicants who already hold a granted U.S. patent to expedite the…
Blog, Business Law, Costa Rica, Environmental, Social and Governance (ESG), Labor & Employment, News, Real Estate & Hospitality, Tax
BLP advises on the acquisition of the iconic Tabacón Thermal Resort & Spa in Costa Rica
11
Jul
Jul
BLP advised the shareholders of Inversiones Turísticas Arenal S.A., owner of the renowned Tabacón Thermal Resort & Spa located in La Fortuna, Alajuela, on the sale of 100% of the company’s shares to Pursuit Attractions and Hospitality, Inc. This transaction marks the entry of a new institutional player into Costa Rica’s tourism sector, reinforcing confidence…
Blog, Guatemala, Insurance & Reinsurance, News
New Regulation on the Registration of Insurance, Reinsurance, and Independent Adjuster Intermediaries
11
Jul
Jul
On February 18, 2025, Resolution JM-24-2025, issued by the Monetary Board, was published in the Diario de Centro América, approving the Regulation on the Registration of Insurance, Reinsurance, and Independent Adjuster Intermediaries (hereinafter, the “Regulation”), included in the annex of said resolution. This new regulation replaces Resolution JM-13-2011, which previously governed the registration of insurance…
Blog, Energy & Infrastructure, Honduras, News
Investment Opportunity in Energy: Honduras Launches 1,500 MW International Tender
24
Jun
Jun
The National Electric Power Company of Honduras (ENEE) has launched a landmark International Public Tender for the procurement of 1,500 MW of firm capacity, with the goal of ensuring the country’s energy security through 2030. This ambitious initiative will be carried out through a reverse auction mechanism with successive rounds, designed to enhance market competitiveness, attract…
Banking & Finance, Blog, Business Law, Costa Rica, Cybersecurity & Data Protection, Environment, Health & Safety, Intellectual Property, Labor & Employment, News
BLP advised IFX on the acquisition of Luminet
23
Jun
Jun
BLP advised IFX Networks on the acquisition of Luminet, also known as CRISP (Costa Rica Internet Service Provider S.A.), a Costa Rican company specializing in internet services and fiber optic connectivity, with more than 15 years of experience in the development and implementation of telecommunications projects. This transaction allows IFX to strengthen its position in…
Analysis, At BLP, Blog, Business Law, Costa Rica
The Importance of Due Diligence in a Successful Purchase and Sale Agreement
18
Jun
Jun
https://blplegal.com/wp-content/uploads/2025/06/La-importancia-del-DD_FOTO-Aurora-Solis.jpg Aurora Solís Senior Associate Costa Rica E-mail What is due diligence, and why does it matter? As a purchase and sale transaction approaches closing—whether involving a company, real estate, or other valuable asset—it is natural for the parties to want to finalize it quickly. However, in the rush to sign, a fundamental step is…