Author https://blplegal.com/wp-content/uploads/2024/07/ART-Letra-de-cambio-y-pagare-electronico_FOTO.png José Pablo Rojas Director Costa Rica E-mail For those who have joined me in this analysis since the previous article (and if you have not read it, I invite you to do so), you may remember that we considered the scope of Law No. 8454, Law on Certificates, Digital Signatures and Electronic Documents…
Category Archives: Costa Rica
Analysis, Banking & Finance, Blog, Costa Rica
Electronic bills of exchange and promissory notes, are they a reality?
16
Jul
Jul
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Letra-de-cambio-y-pagare-electronico_FOTO.png José Pablo Rojas Director Costa Rica E-mail Costa Rica (like the rest of the world) has been modernizing to provide agility to transactions of various kinds that occur at the commercial and banking level, as well as for the relationship between those administered and the State. Undoubtedly, one of the most important steps…
Blog, Costa Rica, News, Public Law, Public Procurement & Regulation
New date for the 2024 ordinary filing of the Ultimate Beneficial Ownership Registry
09
Jul
Jul
Using general-application joint resolution number MH-DGT-RES-0016-2024, issued on June 24, 2024, the General Taxation Directorate and the Costa Rican Drug Institute once again modified the filing period for the 2024 ordinary filing of the Ultimate Beneficial Ownership Registry (“Registro de Transparencia y Beneficiarios Finales”). This year, each obligated party must comply with the filing between October…
At BLP, Blog, Costa Rica
BLP Commitment to Inclusion and Diversity: Signing of the San José Declaration
27
Jun
Jun
Around 50 companies and organizations have committed to the San José Declaration, which establishes ten fundamental principles against discrimination based on sexual orientation, gender identity, and expression, and in favor of the promotion of the Human Rights of lesbian people, gay, bisexual, transsexual, transgender, and intersex (LGBTI). The Business Alliance for Development (AED), Pride Connection…
Analysis, Blog, Costa Rica, Ethics & Anti-Corruption
Perspectives on Corruption in Latin America 2024
27
Jun
Jun
Author https://blplegal.com/wp-content/uploads/2024/06/Janelle-Christie-blog.png Janelle Christie Senior Associate Costa Rica E-mail As part of the initiative led by the firm Miller & Chevalier to periodically evaluate the impact of corruption on business in the region, the Survey on Corruption in Latin America 2024 was published, the results of which were discussed and analyzed on April 25 by…
Banking & Finance, Blog, Costa Rica, News
BLP advised IFC on an initial investment of US$2 million in ProNuvo
26
Jun
Jun
To bolster the circular economy in Latin America and the Caribbean, the International Finance Corporation (IFC) announced an initial investment of US$2 million in ProNuvo, a Costa Rica-based company specializing in the sustainable production of insect-based animal feed. The IFC financing, part of the institution’s upstream activities, will enable ProNuvo to complete the construction of…
Analysis, Blog, Costa Rica, Environmental, Social and Governance (ESG)
New Regulations to the Water Law accelerate Water Department procedures
25
Jun
Jun
Authors https://blplegal.com/wp-content/uploads/2024/06/FOTO-Art-Ley-de-Aguas-Luis-Palacios.png Luis Palacios Director Costa Rica E-mail On June 12, 2024, a new Regulation to the Water Law entered into effect, including various changes that favor citizens by streamlining and developing procedures that had become obsolete because the Water Law was issued in 1942, and lacked congruence nowadays. Below, we will summarize the main…
Analysis, Blog, Business Law, Costa Rica
New Regulations for the Transparency Registry and Final Beneficiaries: Main Changes and Legal Considerations
21
Jun
Jun
Authors https://blplegal.com/wp-content/uploads/2024/06/Articulo-RTBF-CR-2024_Adriana-Castro.png Adriana Castro Partner Costa Rica E-mail https://blplegal.com/wp-content/uploads/2024/06/Articulo-RTBF-CR-2024_Elena-Foltran.png Elena Foltrán Associate Costa Rica E-mail Under the regulations on Transparency Registration and Final Beneficiaries in Costa Rica, legal entities and other legal structures domiciled in the country, administrators of third-party resources on behalf of their clients, non-profit organizations, and private trusts, including foreign trusts that…
Blog, Costa Rica, Environmental, Social and Governance (ESG)
BLP receives Carbon Neutral Plus Certification
18
Jun
Jun
At BLP, we are proud to share a new milestone in our continued commitment to environmental sustainability: our ninth Carbon Neutral Plus certification. This is the highest category possible in the Carbon Neutrality Country Program, a recognition that not only certifies our demonstrated carbon neutrality, but also the implementation of additional measures to reduce the…
Blog, Costa Rica, News, Public Law, Public Procurement & Regulation
Tender for the critical care tower of the Costa Rica Children’s Hospital
17
Jun
Jun
On May 21, 2024, the Caja Costarricense del Seguro Social (CCSS) published in the SICOP platform the request of proposal number 2024LY-000005-0001101107, for the Design, Construction, Equipment and Maintenance of the Critical Care Tower for the Children´s National Hospital, Dr. Carlos Luis Saénz Herrera, under the turnkey modality, publicly known as “Torre de la Esperanza…