Category Archives: Guatemala

Management and Defense of Intellectual Property in Organizations

Author https://blplegal.com/wp-content/uploads/2024/08/ART-Propiedad-Intelectual_FOTO.png Marleni García Associate Guatemala E-mail Ongoing intellectual property (IP) management involves strategic decisions on exploiting, defending, and transferring an organization’s intangible assets. These processes are vital for maximizing the value of IP assets and ensuring their protection in a competitive environment.  Management of the Intellectual Property Portfolio  Effective management of the IP portfolio…

Strategies for Identifying and Protecting Intellectual Property Assets

Author https://blplegal.com/wp-content/uploads/2024/08/ART-Propiedad-Intelectual_FOTO.png Marleni García Associate Guatemala E-mail Protecting intellectual property (IP) assets ensures an organization’s competitiveness and long-term success. This task begins by identifying intangible assets and continues with the implementation of robust protection strategies.  Identification of Intellectual Assets  The first step in managing Intellectual Property is identifying the intellectual assets within an organization. This…

New SAT Resolution – Authorization of Third Parties in Guatemala

On August 9, 2024, Guatemala’s Superintendency of Tax Administration (SAT) published resolution SAT-DSI-1310-2024 in the Diario de Centroamérica. This regulation establishes the administrative provisions to enable authorized third parties, such as Lawyers and Notaries, Public Accountants and Auditors or Expert Accountants, to carry out procedures in the Digital Unified Tax Registry on behalf of taxpayers…

The Effective Response to Overloaded Courts

Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail Guatemala and various other countries face a scenario where the courts are overloaded with cases. This situation has led to long waiting times for court rulings, resulting in slow and sometimes ineffective access to justice. In this context, arbitration emerges as an alternative method of conflict resolution that…

Nearshoring and its impact on Guatemala

Author https://blplegal.com/wp-content/uploads/2024/07/ART-Nearshoring-y-su-Impacto-en-Guatemala_FOTO.png Rodolfo Salazar Partner Guatemala E-mail The “nearshoring” strategy is emerging as an increasingly popular business approach, offering companies a clever alternative to traditional outsourcing models. Unlike “offshoring,” which typically involves relocating operational processes to distant countries, nearshoring focuses on relocating these operations to countries that are geographically closer to the company’s primary market. …

New structure and modifications for the sanitary registration of prepackaged foods in Guatemala

The Ministry of Health of Guatemala will implement a series of changes in the procedure and requirements for the sanitary registration of prepackaged foods, starting August 5, 2024, following the entry into force of the Central American Technical Regulation 67.01.31:20 Processed Foods. Procedure For the Granting, Renewal, and Modification Of Sanitary Registration.  The new regulation…

Criminal Liability of Legal Entities

Authors https://blplegal.com/wp-content/uploads/2024/06/Art-Responsabilidad-penal-de-las-personas-juridicas_FOTO.png Fernando Zelada Director Guatemala E-mail Under the basic principles of criminal law, only individuals can commit crimes. Legal entities themselves cannot do so.  However, legal entities can incur criminal liability, whether through intent or negligence, due to the actions or omissions of their directors, managers, executives, representatives, administrators, officials, or employees who have…

BLP advised IDB Invest and Finance in Motion on the investment in sustainable bonds to be issued by Banco Promerica in Guatemala

Banco Promerica’s public bond issue is the first such debt in Guatemala. It represents a significant investment project with the purpose of financing projects focused on protecting the environment and counteracting the effects of climate change. This issuance is part of a program in which Banco Promerica received approval from the Monetary Board of Guatemala…