Water, essential for human existence, agriculture, and industry, has always been a natural resource of an incalculable value. In the Guatemalan context, although there are indeed legal provisions for the protection and management of water, we face significant challenges in their implementation and adaptation. First, we observe a lack of consistent and consistent application of…
Category Archives: Blog
Analysis, Blog, Free Trade Zones, Guatemala
Eliminate Free Trade Zones: A Legal and Economic Mistake?
11
Dec
Dec
For a long time, economic policies have had to find a balance between the immediate needs of the State and the long-term development of the nation. In that regard, free trade zones (FTZs) have emerged as a strategic solution in many countries. For decades, these zones have been the basis of multiple economic and legal…
05
Dec
Dec
The Directorate of Consumer Attention and Assistance (DIACO), a dependency of the Ministry of Economy of the Republic of Guatemala, is the authority in charge of any administrative sanctions derived from the dissatisfaction of consumers of products or services through administrative complaints. The Consumer and User Protection Law (CUPL) and its respective regulations establish a…
Analysis, Blog, Business Law, Guatemala
The reality of adjustments for wage discrepancies determined by the IGSS
04
Dec
Dec
It is well known that, as part of the exercise of its functions established in article 50 of its Organic Law, the IGSS, through employer auditors, has conducted reviews of the accounting records of the employers, under the presumption that the employer incorrectly reported the salaries earned by its employees. With these accounting reviews, even…
Analysis, Blog, Business Law, Guatemala
How to Protect Company Real Estate Ownership Rights in Guatemala
28
Nov
Nov
The business environment offers a wide range of opportunities and benefits. However, it also presents risks, especially for real estate holdings. Despite the many associated benefits of owning real estate, companies may find that their properties are targets for fraud and scams. The business environment offers a wide range of opportunities and benefits. However, it…
23
Nov
Nov
We are delighted to announce that BLP has won recognition as one of Latin Lawyer’s prestigious Leading Lights for 2023—a testament to our unwavering commitment to fostering a robust pro bono culture in Central America. Latin Lawyer acknowledges the law firms that have made significant strides in advancing pro bono initiatives, and once again, BLP…
Analysis, Blog, Costa Rica, Free Trade Zones
Services: The Other Side of Exports in the Free Trade Zone Regime and the Challenges Involved
21
Nov
Nov
In Costa Rica, we usually associate the free trade zone (FTZ) with the export of goods, most often medical devices. However, according to COMEX statistics, the country’s export of services has had an annual growth rate of 6%, reaching a staggering $11.79 billion in 2022, with a substantial portion of such exports centered on technology….
Analysis, Blog, Guatemala
Corporate Shield: Protect Your Share Participation and your Society in Guatemala.
20
Nov
Nov
The corporate environment is complex, and shareholdings are one of a company’s most sensitive areas. Unfortunately, many entrepreneurs are unaware of legal risks that could undermine their corporate structure. One of these dangers, unfortunately on the rise, is the theft of shareholdings through falsified documents. In many cases, this fraudulent act can have devastating consequences…
17
Nov
Nov
It fills us with joy and pride to share the exciting news that, for the ninth in a row, and tenth in total, BLP has been distinguished as Costa Rica Law Firm of the Year at the prestigious Chambers Latin America Awards 2023, awarded by Chambers and Partners. At a gala held at The Ritz-Carlton…
Blog, Costa Rica, News, Sanitary Registration of Products
New expiration date for EMB sanitary registry
16
Nov
Nov
The sanitary registrations of Biomedical Equipment and Material (EMB), Chemical Synthesis Medicines, Biological medicines, Medicines with Therapeutic Equivalence, Hygienic Products, and Natural Products that expire between April 2023 and November 2023 will have their expiration extended to February 29, 2023. 2024.