Learn about the annual obligations that apply to your companies in each Central American countries. At BLP we can help you to ensure compliance in each country. Download each of the dates in the pdf calendar of your preference. Do not miss any of these dates and avoid fines and penalties. Download Central America guide…
Category Archives: Blog
18
Feb
Feb
On January 25th of this year, the Law to Promote Employment Opportunities for People Over 45 Years of Age became effective, which establishes benefits for taxpayers who hire people over that age. They will be able to reduce 5% or 10% of their income tax, depending on whether they hire 10% or 20% of people…
17
Feb
Feb
The Tax Agreement Law requires all taxpayers registered under the general regime to declare and pay an annual Income Tax on Business Activities. Payable tax is the higher of: 30% over taxable net income of the year 2021; or Minimum Definite Payment of 1%, 2%, or 3%, as applicable, over the taxable gross income of…
17
Feb
Feb
On February 3, 2022, the National Commission for the Minimum Wage in Nicaragua, presided over by the Labor Ministry of the Nicaraguan Government, approved an increase in the current minimum wage for each sector of the national economy to remain in effect from March 1, 2022, through February 28, 2023, as follows: Economic Sector Percentage…
15
Feb
Feb
https://www.blplegal.com/blp-web-2021/wp-content/uploads/2022/02/events-Luis-Palacios.png Luis PalaciosAssociate Costa [email protected] What outdoor activities are allowed under the new Law? The new Law allows municipalities to issue licenses to sell food and beverages (including alcoholic beverages) in public spaces administered by municipalities, such as: Sidewalks. Parks. Squares. Municipal streets and roads. Other public places defined by the respective municipality. The authorization…
Analysis, Blog, Business Law, Costa Rica, Regulatory Compliance, Prevention and Risk Management
Corporate obligations guide Central America 2022
31
Jan
Jan
Learn about the annual obligations that apply to your companies in each Central American countries. At BLP we can help you to ensure compliance in each country. Download each of the dates in the electronic calendar of your preference. Do not miss any of these dates and avoid fines and penalties. Corporate Obligations Guide 2022…
28
Jan
Jan
Since 1995, through Executive Decree No. 3-95, the Real Estate Tax or IBI was established as a tax on real estate located within each Municipality. For IBI purposes, the following are considered real estate: Land, stable or permanent plantations, and fixed and permanent installations or constructions All assets that constitute real estate by their nature…
27
Jan
Jan
Prestigious Guatemala´s law firm BLP has been chosen by Insuralex Global Insurance Lawyers Group, a worldwide association of independent insurance and reinsurance lawyers, as its exclusive member firm in Guatemala. For more than ten years, BLP has provided legal counsel to both emerging and established companies on the best way to conduct business in Central…
Analysis, Blog, Business Law, Costa Rica, Regulatory Compliance, Prevention and Risk Management
Company obligations guide 2022
27
Jan
Jan
Learn about your annual compliance obligations in Costa Rica. Applies to all companies registered in Costa Rica, whether active or inactive. Due date for filing and payment: January 31st 2022. Last day for receiving funds at BLP: January 25, 2022. The annual amount to be paid by companies depends on the gross income declared in…
26
Jan
Jan
Renewal of Municipal Operational License in Nicaragua Since the first of January of each year, the Municipal Operational License that authorizes companies to operate their economic activity in a certain municipality is subject to renewal since it expired on December 31. As of last year, the procedures for this renewal became a little more complex…