BLP advised IFX on its acquisition of Gold Data in Costa Rica, a technology company specializing in telecommunications infrastructure that provides high-quality direct connectivity throughout the Americas and the Caribbean. This transaction allows IFX to complement its portfolio of Data Centers, Cloud, Security, and Value-Added Services with significant network infrastructure. This strengthens its position as…
Category Archives: Business Law
Blog, Business Law, El Salvador, News, Regulatory Compliance, Prevention and Risk Management
New Guidelines in El Salvador for Foreign Investors
24
Feb
Feb
On February 14. 2025, Agreement No. 096 of the Attorney General Office was published in the Official Gazette No. 446, whereby the Guidelines for the Determination of Risk Categories for Clients to Facilitate la Opening of Bank Deposit Accounts and the Performance of Financing Transactions involving Foreign Investors and Salvadorans located abroad (“Guidelines”), which are…
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…
Blog, Business Law, Costa Rica, News
Important Changes for Companies and Contract Signing in Costa Rica
18
Dec
Dec
Companies must have an email address for notifications and stamp tax for contracts is no longer required. Law 10597: Mandatory Electronic Notifications for Companies Published in Supplement 195 of La Gaceta on December 3, this reform changes the way a commercial company receives notifications: New company: New company bylaws must include a valid email address…
Blog, Business Law, Costa Rica, News
New Obligations for Non-Profit Organizations (NPOs) in 2024 in Costa Rica
15
Oct
Oct
Avoid sanctions and operational problems by ensuring compliance with the new Transparency and Final Beneficiary Registry (RTBF) declaration. Starting in 2024, Non-Profit Organizations (NPOs) in Costa Rica must comply with new transparency obligations, under the aegis of the Transparency and Final Beneficiary Registry of the Central Bank of Costa Rica (BCCR). This requirement is part…
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…
Analysis, Blog, Business Law, Costa Rica
How to prepare for an M&A transaction: A Costa Rican Perspective
30
Jul
Jul
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/2024/07/ART-Fusiones-y-Adquisiciones-en-CR_Diego-Quiros.png Diego Quiros Associate Costa Rica E-mail In the dynamic business world, mergers and acquisitions represent a powerful tool for the growth and consolidation of companies. However, the complexity and challenges inherent in these transactions can create uncertainty and anxiety. In this context, we firmly believe that…
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, Business Law, Costa Rica, News
BLP advises Evertec on a strategic acquisition that boosts the digital payments market in Costa Rica
30
May
May
BLP advised Evertec in the acquisition of 100% of the share capital of Zunify Payments, Ltd., a company dedicated to the business of financial operations by electronic means, providing a payment network that interconnects consumers, companies, and issuing and acquiring financial institutions, all through the Zunify Platform. Zunify is a fintech company founded by Costa…