The Superintendency of Public-Private Partnerships (SAPP) has officially approved the Sanctions Regulation, marking a significant step in regulating and overseeing Public-Private Partnerships (PPPs) in Honduras. Key highlights of the new regulation: Categorizes violations as minor, serious, and very serious. Establishes proportional financial penalties ranging from $1,500 to $25,000, depending on the type and severity of…
Category Archives: Honduras
Advertising, Marketing & Consumer Protection, Blog, Honduras, News
Update on the Consumer Protection Law in Honduras
01
Nov
Nov
The National Congress of Honduras has approved significant reforms to the Consumer Protection Law, strengthening users’ rights across various essential services. Key provisions in this modification include: Contracts Limited and in Lempiras: Contracts for telephone, internet, and cable television services are now limited to a maximum of six months and must be charged exclusively in…
Blog, Business Law, Costa Rica, El Salvador, Guatemala, Honduras, News, Nicaragua
BLP advised JCDecaux on the acquisition of a majority stake in IMC
08
Oct
Oct
BLP advised JCDecaux on acquiring a 70% majority stake in IMC, a leading out-of-home advertising company operating in Central America, Colombia, and Panama, through its majority-owned subsidiary, JCDecaux Top Media S.A. As part of the transaction, the remaining IMC shareholders contributed their 30% shares in IMC in exchange for a 9% stake in a newly…
Blog, Business Law, Costa Rica, El Salvador, Guatemala, Honduras, News, Nicaragua
BLP advised JCDecaux on the acquisition of a majority stake in IMC
08
Oct
Oct
BLP advised JCDecaux on acquiring a 70% majority stake in IMC, a leading out-of-home advertising company operating in Central America, Colombia, and Panama, through its majority-owned subsidiary, JCDecaux Top Media S.A. As part of the transaction, the remaining IMC shareholders contributed their 30% shares in IMC in exchange for a 9% stake in a newly…
Blog, Honduras, Labor & Employment, News
Mandatory Registration in the Honduran Simplified National Registry of Employers
26
Jul
Jul
The Secretariat of State in the Offices of Labor and Social Security has issued a significant announcement affecting all private companies, employers, organizations of civil society, public institutions, and the Honduran public. Here are the key points summarized: Mandatory Registration in SIHCLA: Starting July 20, 2024, all entities must register in the Honduran Labor Cases…
Advertising, Marketing & Consumer Protection, Blog, Honduras, News
Law for the Control and Regulation of Energy Drinks in Honduras
19
Jun
Jun
On June 6, 2024, the Law for the Control and Regulation of Energy Drinks, decree no. 46-2024, was published in the Gazette. The law establishes regulations for selling and marketing energy drinks to people under 18. An Energy Drink is a non-alcoholic functional drink with a stimulating effect and a special combination of characteristic ingredients…
Blog, Honduras, News, Tax
The Honduran Revenue Administration Service launches the new Virtual Office
17
Jun
Jun
On May 20, 2024, the Diario Oficial La Gaceta of Honduras published the Agreements SAR-236-2024, 237-2024, 238-2024, 239-2024, and 240-2024, which contain modifications to the way certain tax declarations are submitted and their respective deadlines. The most notable aspect is the implementation of the new Virtual Office of the Revenue Administration Service (SAR). According to…
At BLP, Blog, Costa Rica, El Salvador, Guatemala, Honduras, News, Nicaragua
BLP renews its brand: the new face of corporate legal advice in Central America
23
May
May
May 23, Central America. BLP excitedly announces the official launch of its new brand image. This precise and modern change reflects everything that BLP represents while reaffirming its commitment to excellence in corporate legal advice. Since our founding in 2003, BLP has redefined legal services in the region by acting as true allies that constantly…
Analysis, Blog, Costa Rica, El Salvador, Guatemala, Honduras, Labor & Employment, Nicaragua
Central American Holidays 2024 guide is now available
10
Jan
Jan
At BLP, we understand the importance of efficient planning for Human Resources managers. That is why we present to you our valuable guide to work holidays designed specifically for each country in Central America. With our guide, you will gain access to detailed information on holidays in the region, giving you a clear view of…
Blog, Business Law, Costa Rica, El Salvador, Honduras, News, Nicaragua
BLP advises Grupo Unicomer on a syndicated loan for US$350 million
16
Nov
Nov
BLP, renowned for its prowess as legal counsel, has provided pivotal advice in a US$350 million loan transaction granted to Grupo Unicomer by a pool of syndicated banks, where several subsidiaries of Unicomer in LATAM and the Caribbean have acted as guarantors. Our legal guidance spanned the entire process, from negotiations to signing the credit…