Important Modifications To The Regulations Of The General Law On Public Procurement Announcements And In Force According To Gazette No. 217 Scope No. 186 Of November 19, 2024 In Decree No. 44745-H Before Contractual activity carried out between public law entities is exempt from the application of ordinary procedures, provided that the following requirements are…
Category Archives: Blog
At BLP, Blog, El Salvador, Guatemala, News
BLP achieves tenth consecutive distinction at the Chambers Latin America Awards 2024
22
Nov
Nov
We are pleased to announce that, for the tenth consecutive time and the eleventh overall, BLP has been recognized as Costa Rica Law Firm of the Year at the prestigious Chambers Latin America Awards 2024, presented by Chambers and Partners. At a ceremony held at The Ritz-Carlton Hotel in Miami, United States, this award reaffirms…
At BLP, Blog, Costa Rica, El Salvador, Environmental, Social and Governance (ESG), Guatemala, Honduras, News, Nicaragua
BLP is honored as Pro Bono Leading Light 2024 by Latin Lawyer
21
Nov
Nov
We are excited to announce that BLP has once again been recognized in Latin Lawyer’s prestigious Leading Lights 2024 list, underscoring our steadfast commitment to fostering a robust pro bono culture across Central America. Latin Lawyer acknowledges law firms that have made significant strides in advancing pro bono initiatives, and BLP is proud to be…
21
Nov
Nov
Law No. 10600, “Fiscal Treatment of Infrastructure Trusts,” was published in La Gaceta #218, which amends articles 3 and 28 of the Income Tax Law, No. 7092. The Law establishes that infrastructure trusts will not be subject to Income or Capital Income Tax. This modification took effect on November 20, 2024. For more information, contact…
Blog, Costa Rica, News, Tax
Technical provisions for electronic invoices for tax purposes in Costa Rica
20
Nov
Nov
Through Resolution MH-DGT-RES-0027-2024, published in La Gaceta No. 217, Supplement 186, on November 19, 2024, the General Directorate of Taxation established the formats and technical specifications for implementing version 4.4 of the Annexes and Structures for the Issuance of Electronic Invoices. The timeframe for implementing and operating the cited version 4.4 is six months from…
Blog, Energy & Infrastructure, Honduras, News, Public Law, Public Procurement & Regulation
New Sanctions Regulation of the SAPP in Honduras
20
Nov
Nov
The Superintendency of Public-Private Partnerships (SAPP) has officially approved the Sanctions Regulation, marking a significant step in regulating and overseeing Public-Private Partnerships (PPPs) in Honduras. Key highlights of the new regulation: Categorizes violations as minor, serious, and very serious. Establishes proportional financial penalties ranging from $1,500 to $25,000, depending on the type and severity of…
19
Nov
Nov
The new regulation on electronic invoices was published in La Gaceta, issue number 210, on November 8, 2024. This regulation introduces some changes related to electronic invoices. Some of these changes include: The issuance of an electronic purchase invoice, which will support the acquisition of goods and services by a taxpayer from a non-resident, an…
Analysis, Blog, Costa Rica, Environmental, Social and Governance (ESG)
Costa Rica: A Strategic Destination for Green Hydrogen Development
18
Nov
Nov
Authors https://blplegal.com/wp-content/uploads/2024/11/Articulo-Hidrogeno-Verde_FOTO.png Luis Palacios Director Costa Rica E-mail https://blplegal.com/wp-content/uploads/2024/11/Articulo-Hidrogeno-Verde2_Simon-Sauve.png Simon Sauvé Director Costa Rica E-mail Amid the global energy transition, green hydrogen emerges as a key alternative for achieving decarbonization. With abundant renewable energy, ample water availability, and a legal framework that encourages foreign investment, Costa Rica has significant potential to attract investment and become…
06
Nov
Nov
The National Wage Council, in its session No. 5834 held on October 30, 2024, approved a general 2.37% increase in minimum wages for the private sector. Below are the key details: Details of the Increase: Effective Date: The wage adjustments will take effect on January 1, 2025. Specific Increases: The increase in wages of Domestic…
Advertising, Marketing & Consumer Protection, Blog, Honduras, News
Update on the Consumer Protection Law in Honduras
01
Nov
Nov
The National Congress of Honduras has approved significant reforms to the Consumer Protection Law, strengthening users’ rights across various essential services. Key provisions in this modification include: Contracts Limited and in Lempiras: Contracts for telephone, internet, and cable television services are now limited to a maximum of six months and must be charged exclusively in…