The Constitutional Chamber, through ruling number 92412-2024, has resolved an action of unconstitutionality filed against Article 95 of the Labor Code and Article 41 of the Law on Public Employment. The ruling establishes that these articles violated the fundamental rights of equality and special protection of the family, women, and minors by not considering the…
Category Archives: Costa Rica
Blog, Costa Rica, Energy & Infrastructure, News
Business Opportunity: New Call for 100 Megawatts of Private Solar Generation in Costa Rica
25
Feb
Feb
The Costa Rican Institute of Electricity (ICE) has announced that in March 2025, it will launch a new call to incorporate 100 megawatts of private solar generation into the national electricity system. This initiative aims to strengthen the energy matrix and advance decarbonization and sustainability goals. The call will be exclusively open to solar projects…
Blog, Costa Rica, News, Sanitary Registration of Products
New Technical Regulation on Hemp and Derivative Products in Costa Rica
21
Feb
Feb
On February 20, 2025, La Gaceta published Technical Regulation RTCR 511:2023, which establishes guidelines for sanitary products containing hemp and its derivatives. This regulation sets requirements for importation, manufacturing, and sanitary registration, covering products such as food, dietary supplements, cosmetics, pesticides, medical equipment, and more. A key aspect of the regulation is the control of…
Blog, Costa Rica, News, Tax
Draft Resolution on the Informative Transfer Pricing Statement in Costa Rica
17
Feb
Feb
The Ministry of Finance and the General Directorate of Taxation have submitted for comment the draft resolution on the tax obligation on transfer pricing. Comments on the draft shall be submitted between February 12 and 26, 2025. This draft resolution establishes the mandatory filing of the annual informative transfer pricing statement for taxpayers engaging in…
Blog, Costa Rica, News, Tax
Extension of the deadline for the implementation of changes to electronic invoices in Costa Rica
13
Feb
Feb
By means of press release CP-08-2025 dated February 11, 2025, the Ministry of Finance extends the deadline for the implementation of modifications to electronic invoices in accordance with version 4.4 until September 1st, 2025, as established in resolution MH-DGT-RES-0027-2024. This extension aims to allow taxpayers sufficient time to implement the changes to electronic invoices, which…
At BLP, Banking & Finance, Blog, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua
BLP is honored as Law Firm of the Year – Central America by LatinFinance
30
Jan
Jan
We are pleased to announce that BLP has received the prestigious Law Firm of the Year – Central America at the LatinFinance Deals of the Year Awards 2024. This recognition reaffirms our excellence in legal advisory services within the financial and capital markets in Latin America and the Caribbean. The awards ceremony took place on…
16
Jan
Jan
Compliance with corporate and tax obligations is crucial for companies operating in Costa Rica. BLP’s 2025 Obligations Calendar provides an essential guide to staying on top of key legal and fiscal commitments. Adhering to current regulations helps avoid penalties, protects your company’s reputation, and ensures a strong relationship with authorities such as the Dirección General…
Banking & Finance, Blog, Costa Rica, News
BLP advised Davivienda in Scotiabank’s Acquisition in Costa Rica
09
Jan
Jan
In a significant move within the financial sector, BLP provided comprehensive legal counsel to Banco Davivienda during the acquisition and integration of Scotiabank’s operations in Costa Rica. This transaction, encompassing banking, insurance, and leasing businesses, highlights BLP’s expertise in navigating complex mergers and acquisitions in the region. This agreement is part of Davivienda’s strategic expansion…
Blog, Costa Rica, El Salvador, Guatemala, Honduras, Labor & Employment, News, Nicaragua
2025 Labor Holiday Calendar: An Essential Resource for Business Planning
08
Jan
Jan
Effectively managing labor holidays is critical for any organization, especially when operating in multiple countries across Central America. For this reason, the Labor & Employment team at BLP has prepared the 2025 Labor Holiday Calendar, a comprehensive document that consolidates the official holidays for Costa Rica, Guatemala, El Salvador, Honduras, and Nicaragua. This resource is…
Analysis, Blog, Costa Rica, Environment, Health & Safety
New Regulation strengthens prevention and response to chemical accidents in Costa Rica
20
Dec
Dec
Author https://blplegal.com/wp-content/uploads/2024/11/Articulo-Hidrogeno-Verde_FOTO.png Luis Palacios Director Costa Rica E-mail Until recently, chemical accidents were treated in the same way as other types of accidents, a problematic approach since the authorities must adapt any response to the specific threat involved. In the case of chemical substances, it is essential to have precise knowledge of the products handled…