Guatemala is preparing to launch an international public tender for the expansion of a key highway segment: the El Rancho–Teculután section of the CA-9 Corridor, with an investment value of US$175 million. This initiative presents a significant opportunity for construction, supervision, and infrastructure investment firms worldwide. The project consists of expanding 35 kilometers of the…
Category Archives: Guatemala
Blog, Energy & Infrastructure, Guatemala, News
PEG-5 and PET-3: Guatemala launches mega-projects and boosts its energy future
29
Apr
Apr
On 23 April 2025, the Guatemalan Ministry of Energy and Mines (MEM) and the National Electricity Commission (CNEE), officially announced the launch of tenders for (1) PEG-5 of EEGSA, DEOCSA, and DEORSA[1] and (2) PET-3 of the MEM, representing an important step in developing the country’s energy sector. PEG-5 The main objective of PEG-5 is…
Analysis, Blog, Business Law, Guatemala, Labor & Employment, Tax
Employee Stock Plans and Their Deductibility in Income Tax (ISR): Key Considerations
07
Apr
Apr
Author https://blplegal.com/wp-content/uploads/2025/04/Planes-de-Acciones-para-Empleados_FOTO-Elisa-Lacs.png Elisa Lacs Senior Associate Guatemala E-mail Employee stock plans, known as stock options or employee share ownership plans (ESOPs), are a strategic tool for attracting and retaining talent. However, their tax treatment in Guatemala raises questions about their deductibility under the Income Tax (ISR). A key issue is whether these plans can be…
Banking & Finance, Blog, Environmental, Social and Governance (ESG), Guatemala, News
BLP advised IDB Invest on its investment in Banco Promerica’s second series of sustainable bonds in Guatemala.
25
Mar
Mar
Banco Promerica has issued a second series of sustainable bonds in book-entry form, totaling US$15 million. This issuance is part of Banco Promerica’s US$500 million program, which allows the bank to issue green, social, or sustainable bonds up to that amount. This bond issuance will enable Banco Promerica to continue financing projects, companies, and initiatives…
20
Mar
Mar
Starting Monday, March 17, 2025, the Personal Identification Document (DPI) will automatically become the Tax Identification Number (NIT), eliminating the need to manage a separate NIT. This measure, implemented by the Tax Administration Office (SAT) through resolution SAT-DSI-393-2025, seeks to simplify administrative and tax procedures in the country. Key Changes and Benefits: DPI Access to…
Banking & Finance, Blog, Environmental, Social and Governance (ESG), Guatemala, News
BLP Advised on the First Public, Sustainable, and Dematerialized Bond Issued by a Financial Institution in Guatemala
07
Mar
Mar
BLP has advised BID Invest, Proparco, and LAGreen (through Finance in Motion) on the issuance of the first sustainable and dematerialized bond by Banco de América Central, S.A. (BAC Guatemala) to promote financial inclusion and environmental sustainability in Guatemala. The bond, valued at up to US$140 million with a term of up to five years,…
Blog, Global Mobility & Relocation, Guatemala, Labor & Employment, News
Guatemala Establishes Unit to Support Migrant Returnees
14
Feb
Feb
Ministerial Agreement Number 82-2025 was published in the Diario de Centroamérica on February 7, 2025. It creates the “Care Unit for Returned Migrants” within the Ministry of Labor and Social Welfare. The Ministry’s General Directorate of Employment will direct and supervise this unit. The purpose of the Care Unit for Returned Migrants is to provide…
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…
Blog, Energy & Infrastructure, Guatemala, News
Tenders for Generation (PEG-5) and Transmission of Electric Energy in Guatemala
28
Jan
Jan
Guatemala is preparing to launch the upcoming PEG-5 bidding process, designed to add over 1,000 MW of installed capacity, with a strong focus on renewable technologies such as solar, wind, hydroelectric, and geothermal energy. This process, set to be announced soon, will include 15-year contracts for new power plants and 5-year contracts for existing facilities,…
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…