As part of the technological modernization currently being implemented by the General Directorate of Taxation, in the coming weeks, compliance with tax obligations—as we know it today—will undergo a revolutionary shift. This transformation will not only alter the way tax returns are currently filed, but will also entail the unification of the various systems used…
Category Archives: Costa Rica
20
May
May
To reinforce good practices and avoid legal contingencies, we remind employers of some key aspects to keep in mind when managing wage garnishments for child support, under the Family Procedural Code (Código Procesal de Familia, CPF): Cooperation with the Judiciary: Article 264 of the CPF establishes that employers are obligated to provide information about the…
At BLP, Banking & Finance, Blog, Business Law, Costa Rica, El Salvador, Environmental, Social and Governance (ESG), Guatemala, Honduras, Nicaragua
BLP Wins Four IFLR Americas Awards 2025 for Legal Innovation and Sustainability in Latin America
15
May
May
On May 14, at the Met Club in New York City, more than 100 attendees gathered to celebrate the most innovative legal deals, outstanding teams and firms, and influential individuals of the past year at the IFLR Americas Awards 2025. BLP’s exceptional performance earned four prominent awards: Deal of the Year: Debt and Equity Linked…
Blog, Costa Rica, News, Sanitary Registration of Products
Regulatory Updates in Health and Food Law Costa Rica – May 2025
08
May
May
Costa Rica leads regulatory changes on food additives and synthetic dyes As Pro Tempore President of the Council of Ministers for Economic Integration (COMIECO) during the first half of 2025, Costa Rica convened a meeting of the Central American Commission on Food Additives (CCAA) on March 18 to evaluate the removal of the synthetic dye…
Banking & Finance, Blog, Business Law, Costa Rica, Cybersecurity & Data Protection, Environment, Health & Safety, Intellectual Property, Labor & Employment, News
BLP advised Comcast on the acquisition of Nitel
22
Apr
Apr
BLP advised Comcast on the acquisition of Nitel, a U.S. managed services provider headquartered in Chicago, from international private equity firm Cinven. The Nitel acquisition boosts Comcast Business’s connectivity capabilities and strengthens its distribution strategy. BLP advised on the Costa Rican matters related to the acquisition of all issued and outstanding shares of Nitel’s subsidiary…
01
Apr
Apr
Author https://blplegal.com/wp-content/uploads/2025/04/Articulo-Transacciones-de-Fusiones-y-Adquisiciones-MA_FOTO-Aurora-Solis.png Aurora Solís Senior Associate Costa Rica E-mail Smart contracts are self-executing agreements that automatically enforce the terms of specific arrangements between parties, such as buyers and sellers. These contracts are already being implemented across various commercial sectors, particularly in FinTech, through high-frequency trading, or in retail via online purchases with dynamic pricing. In…
Banking & Finance, Blog, Business Law, Costa Rica, Cybersecurity & Data Protection, Environment, Health & Safety, Intellectual Property, Labor & Employment, News
BLP advised Bekaert on the sale of its stake in Costa Rican subsidiary BIA Alambres Costa Rica S.A. to Grupo AG
31
Mar
Mar
BLP advised Bekaert, a global leader in the steel wire transformation and coating technologies market, on the sale of its stake in the Costa Rican subsidiary BIA Alambres Costa Rica S.A. to Grupo AG, a regional leader in steel production and construction solutions with operations in Guatemala and Honduras and presence in eleven countries through…
Banking & Finance, Blog, Business Law, Costa Rica, News
BLP advised CAF on a new bond issuance in Costa Rica
31
Mar
Mar
BLP has advised CAF – Development Bank of Latin America and the Caribbean on the issuance of Series C1 of the CAF Local Bond Program in Costa Rica, for an amount of ₡35,000,000,000, equivalent to approximately USD67 million, with a 7-year term and an interest rate of 6.18%. With this new placement, CAF reaffirms its…
Blog, Business Law, Costa Rica, Labor & Employment, News, Tax, Telecommunications, Media & Technology
BLP advised IFX on the Acquisition of Gold Data
13
Mar
Mar
BLP advised IFX on its acquisition of Gold Data in Costa Rica, a technology company specializing in telecommunications infrastructure that provides high-quality direct connectivity throughout the Americas and the Caribbean. This transaction allows IFX to complement its portfolio of Data Centers, Cloud, Security, and Value-Added Services with significant network infrastructure. This strengthens its position as…
Blog, Costa Rica, Labor & Employment, News
The Legislative Assembly Approves the Law Project to Regulate Working from Abroad
11
Mar
Mar
On March 5, 2025, the Legislative Assembly approved, in a second debate, bill number 23528, which explicitly regulates working from outside Costa Rica. According to the provisions of the approved draft law, working from abroad may be requested by the employer and will require the employee’s express consent; if the employee agrees, the employer must…