BLP established a sustainability strategy that articulates all its efforts aimed at contributing to the human and social development of the communities in which our business operates. Learn more about our commitment through the following content series: Sustainability by BLP: The Firm´s commitment. BLP Environmental Management Program. Facebook LIVE: Inspiring Girls, supporting gender equity. Gender…
Category Archives: Blog
Blog, News
Reforms to the General Law of Public Records, Law 698, and the Commercial Code create the Registry of Final Beneficiary of Commercial Companies in Nicaragua.
01
Sep
Sep
On Friday, August 21, the National Assembly approved the Law of Reforms to the General Law of Registries and an article of the Commercial Code, creating the bases for a Registry of the Final Beneficiary of Commercial Companies. What is a Final Beneficiary? It is the natural person who owns or controls a legal person…
01
Sep
Sep
Nearshoring is a company’s process of transferring part of its business from a geographically distant country to one closer to its main place of operation. In recent decades, many manufacturing and service companies have sought to establish themselves in various jurisdictions around the world to operate at a lower cost and diversify their production capabilities,…
29
Aug
Aug
In the following case study, we analyze the merger of Amazon and Whole Foods as an example of how two very different businesses can come together to add value to their respective companies: The Issue Mergers are about creating synergies in order to generate value for the companies involved. In this case, Amazon was interested…
27
Aug
Aug
Restructuring as a pandemic necessity COVID-19 has brought a new reality to commerce. Companies face a myriad of issues, many for the first time: low consumer demand, the increased risk caused by mistrust, disruption of the supply chain, the search for multiple sources of supply, the decentralization of distribution centers, the centralization in the provision…
25
Aug
Aug
On Friday, August 21, the Nicaraguan National Assembly approved the creation of the Registry of Final Beneficiaries, through reforms to the Registries General Law on and the addition of one article to the Commercial Code. This Registry is intended to provide certainty of who are the true owners or controllers of legal persons operating in…
Analysis, Blog
Use of technology in the employment relationship during the pandemic: A guide to the reality in Nicaragua
18
Aug
Aug
For quite some time, electronic contracting has been a business reality; and in the labor sphere, a business force. When the pandemic eventually passes, it will leave, besides the pain and anguish that it has signified, many lessons of life, organization and employment formations, and foresight of legal amendments according to situations like this pandemic…
13
Aug
Aug
On Saturday, August 15, 2020, Costa Rica celebrates Mother’s Day which was established as a holiday of mandatory payment according to article 148 of the Labor Code. This year, under Law No. 9875, Transfer holidays to Mondays, to promote internal visits and tourism during the years 2020 to 2024, the enjoyment of Mother’s Day from a…
23
Jul
Jul
The Government announced on Thursday, July 23, 2020, the beginning of the gradual and safe opening of the Juan Santamaria International Airport and the Daniel Oduber Quirós International Airport. Costa Rica received the seal as a safe destination from the World Travel and Tourism Council; therefore, this protocol received recognition from this Council. The guidelines…
22
Jul
Jul
Yesterday, the Legislative Assembly approved in first debate two bills of law intending to extend the VAT exoneration applicable to tourism and construction services. Regarding tourism services, the bill proposes that during the first two years of the entry into force of the Strengthening of the Public Finances Law (until June 30th, 2021), tourism services…