On August 25, 2020, IDB Invest granted BAC in El Salvador a senior unsecured 5-year loan for $60 million. BLP’s Banking and Finance team led by Mariana Nochez and Hunton Andrews Kurth (Washington DC) advised the lender. BAC will use the loan proceeds for the Mujer Acelera (Woman Accelerates) program. This is an initiative created in 2007…
Category Archives: Blog
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Sep
Sep
Costa Rica is an ideal location for the cultivation of cannabis, giving the country a chance to be a key participant in the new so-called “Green Gold” market. If you are interested in exploring this new business opportunity and related commerce, our dedicated cannabis team shares the following content series. Business Opportunities in the Cultivation…
16
Sep
Sep
Nowadays, technology has become an indispensable resource to continue operating, but although it represents advantages, it also implies potential threats that are just a click away. With this in mind, our Cybersecurity & Data Protection team presents a series of content in which we analyze the legal aspects in different areas that affect companies. Cybersecurity…
16
Sep
Sep
Law that suspends VAT charge on construction services enters into force On September 16, 2020, Law N°9887, which suspends the Value-Added Tax on engineering, architecture, topography, and construction services for civil works until August 31, 2021, entered into force. Moreover, for the years 2021 and 2022, the law reduces the VAT charge to 4% and…
10
Sep
Sep
We are aware that the current situation demands companies to rethink how to approach labor relations, with this in mind, BLP’s regional Labor & Employment team analyzes the new labor reality in Central America in the face of economic reactivation processes in the next series of content. Labor challenges to employers in Central America. Application…
10
Sep
Sep
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…
10
Sep
Sep
On September 8, 2020, the Nicaraguan National Assembly approved the proposed reform of Law 532, a law for the promotion of electricity generation with renewable sources. Since its approval in 2005, this law has undergone several reforms through which the tax incentives that were initially given to electricity generation projects from renewable sources have been…
10
Sep
Sep
The Costa Rican government has issued a regulation exempting spare parts for electric vehicles and fast-charging centers from the Value-Added Tax (VAT), Selective Consumption Tax, and the 1% tax over customs value. The regulation also established the obligation for electric vehicle importers to inform the Energy Direction of the MINAE, during September of each year,…
10
Sep
Sep
Information for you in real time BLP reiterates its commitment to the health and sustainability of the countries in which we operate by making our digital platforms available to publicize legal updates on #COVID19 in Central America. Below, you will find informative and analytical material related to local regulations in different areas such as labor, tax,…
10
Sep
Sep
At BLP, we believe that we are experiencing a revolution in the way of doing business, that’s why our specialists are available to accompany you in the process to make the leap to e-commerce. See our series of resources on e-commerce below: Ready to leap into e-commerce? E-commerce: areas of legal care. Intellectual Property aspects…