On August 9, 2024, Guatemala’s Superintendency of Tax Administration (SAT) published resolution SAT-DSI-1310-2024 in the Diario de Centroamérica. This regulation establishes the administrative provisions to enable authorized third parties, such as Lawyers and Notaries, Public Accountants and Auditors or Expert Accountants, to carry out procedures in the Digital Unified Tax Registry on behalf of taxpayers…
Category Archives: Blog
14
Aug
Aug
BLP has advised Bain Capital Special Situations on its preferred equity investment in MRO Holding, Inc., a world-class aircraft maintenance repair and overhaul company operating in El Salvador, México, Colombia, and the United States and which is a holding of Aeromantenimientos S.A., a leading provider of airframe heavy maintenance in El Salvador. The first tranche…
Analysis, Banking & Finance, Blog, Costa Rica
Is it possible to collect an electronic promissory note or bill of exchange?
12
Aug
Aug
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Letra-de-cambio-y-pagare-electronico_FOTO.png José Pablo Rojas Director Costa Rica E-mail For those who had the opportunity to read the two previous articles (and if not, the link is here), you will remember that we are already clear that in Costa Rica, it is valid to issue electronic promissory notes or bills of exchange (whether “electronified” 1or…
Analysis, Blog, Environmental, Social and Governance (ESG), Guatemala
Multi-sector inter-institutional agreement for the creation of the alliance for the Motagua river basin: a joint initiative for the environment
01
Aug
Aug
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail Since I began my career in administrative law, I have always felt a particular passion for the issue of water and the environment. Water, more than a simple resource, represents the essence of life and the sustenance of numerous ecosystems, many of which have been under constant threat…
Analysis, Blog, Business Law, Costa Rica
How to prepare for an M&A transaction: A Costa Rican Perspective
30
Jul
Jul
Authors https://blplegal.com/wp-content/uploads/2024/06/Articulo-RTBF-CR-2024_Adriana-Castro.png Adriana Castro Partner Costa Rica E-mail https://blplegal.com/wp-content/uploads/2024/07/ART-Fusiones-y-Adquisiciones-en-CR_Diego-Quiros.png Diego Quiros Associate Costa Rica E-mail In the dynamic business world, mergers and acquisitions represent a powerful tool for the growth and consolidation of companies. However, the complexity and challenges inherent in these transactions can create uncertainty and anxiety. In this context, we firmly believe that…
Blog, Honduras, Labor & Employment, News
Mandatory Registration in the Honduran Simplified National Registry of Employers
26
Jul
Jul
The Secretariat of State in the Offices of Labor and Social Security has issued a significant announcement affecting all private companies, employers, organizations of civil society, public institutions, and the Honduran public. Here are the key points summarized: Mandatory Registration in SIHCLA: Starting July 20, 2024, all entities must register in the Honduran Labor Cases…
25
Jul
Jul
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail Guatemala and various other countries face a scenario where the courts are overloaded with cases. This situation has led to long waiting times for court rulings, resulting in slow and sometimes ineffective access to justice. In this context, arbitration emerges as an alternative method of conflict resolution that…
Analysis, Blog, Environmental, Social and Governance (ESG), Guatemala
Green Accounting: How IFRS Accounting Standards Are Forcing Companies to Go Green
23
Jul
Jul
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail Among current corporate issues, sustainability and Environmental, Social and Governance (ESG) criteria have gained a lot of importance. Companies are increasingly focused on integrating sustainable and ethical practices into their operations, recognizing that such actions benefit the environment and society while strengthening their position in the market. We…
23
Jul
Jul
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail The “nearshoring” strategy is emerging as an increasingly popular business approach, offering companies a clever alternative to traditional outsourcing models. Unlike “offshoring,” which typically involves relocating operational processes to distant countries, nearshoring focuses on relocating these operations to countries that are geographically closer to the company’s primary market. …
22
Jul
Jul
BLP has advised IDB Invest, FinDev Canada and LAGreen (the “Investors”) on $50 million in Costa Rica’s first blue bond, marking a historic transaction for the country’s capital markets sector. IDB Invest partnered with Banco Nacional de Costa Rica (“BNCR”) to launch Costa Rica’s first blue bond, marking a significant step towards bolstering the blue…