Category Archives: Blog

BLP Advises on Sojitz’s Investment in VEINSA

BLP Advises on Sojitz’s Investment in VEINSA BLP participated in the transaction through which Sojitz Corporation agreed to a potential investment in Vehículos Internacionales Veinsa S.A. (VEINSA), a wholly owned subsidiary of Age Motors. VEINSA is one of the leading vehicle distributors in Costa Rica, representing brands such as Geely, Mitsubishi, Peugeot, Citroën, Zeekr, and…

Newsflash Costa Rica | Ministry of Health: Extension of validity of sanitary registrations

Costa Rica: Extension of Validity of Sanitary Registrations for Medicines (Resolution DM-1725-2026) The Ministry of Health of Costa Rica issued Resolution DM-1725-2026, establishing an exceptional one-year extension of the validity of certain sanitary registrations for medicines that are required to demonstrate therapeutic equivalence. This measure aims to ensure the continuity in the supply of essential…

Newsflash | Nicaragua reforms the Tax Concertation Law and adjusts the ISC

Nicaragua: Reform to the Tax Concertation Law (Law No. 1279) Managua, April 9, 2026 — On April 8, 2026, the National Assembly approved Law No. 1279, reforming and partially repealing Law No. 822 (Tax Concertation Law). The reform was published in La Gaceta, Official Gazette No. 61, and entered into force immediately. What Changes? The…

Business Law Perspectives – April 10–16, 2026

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Tax compliance deadlines drive transparency Dormant companies, solidarity associations, and nonprofits must comply with reporting obligations before April 30… Read more High-speed rail project advances…

Newsflash | Nicaragua reforms the Tax Concertation Law and adjusts the ISC

Nicaragua: Reform to the Tax Concertation Law (Law No. 1279) Managua, April 9, 2026 — On April 8, 2026, the National Assembly approved Law No. 1279, which reforms and partially repeals Law No. 822 (Tax Concertation Law). The reform was published in La Gaceta, Official Gazette No. 61, and entered into force immediately. What Changes?…

Business Law Perspectives – April 10–16, 2026

BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Companies and organizations in Costa Rica are moving toward greater transparency with key tax compliance deadlines in April Dormant companies, solidarity associations, and nonprofit organizations…

Practical Guide to Merger Processes of Operating Companies in Costa Rica

Costa Rica: Practical Guide to Merger Processes of Operating Companies The merger of companies constitutes a legal mechanism through which two or more entities are integrated into a single entity, either by absorption (where one entity absorbs the others) or through the creation of a new company. Both modalities entail the dissolution of the legal…

Newsflash | Nicaragua takes a decisive step to attract investment: Free trade zone tax incentives are now indefinite

Nicaragua: Free Trade Zone Reform Introduces Indefinite Tax Incentives (Law No. 1278) On April 9, 2026, Law No. 1278 entered into force, amending Nicaragua’s Free Trade Zone Law. While the reform is targeted in its wording, its implications are substantial: the tax incentive regime currently available to operators and users of free trade zones now…

Practical Guide to Merger Processes of Operating Companies in Costa Rica

Author Diego Quirós Associate Costa Rica E-mail Costa Rica: Practical Guide to Merger Processes of Operating Companies The merger of companies constitutes a legal mechanism through which two or more entities are integrated into a single entity, either by absorption (where one entity absorbs the others) or through the creation of a new company. Both…