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…
Category Archives: Business Law
01
Apr
Apr
Author https://blplegal.com/wp-content/uploads/2025/04/Articulo-Transacciones-de-Fusiones-y-Adquisiciones-MA_FOTO-Aurora-Solis.png Aurora Solís Senior Associate Costa Rica E-mail Smart contracts are self-executing agreements that automatically enforce the terms of specific arrangements between parties, such as buyers and sellers. These contracts are already being implemented across various commercial sectors, particularly in FinTech, through high-frequency trading, or in retail via online purchases with dynamic pricing. In…
Banking & Finance, Blog, Business Law, Costa Rica, Cybersecurity & Data Protection, Environment, Health & Safety, Intellectual Property, Labor & Employment, News
BLP advised Bekaert on the sale of its stake in Costa Rican subsidiary BIA Alambres Costa Rica S.A. to Grupo AG
31
Mar
Mar
BLP advised Bekaert, a global leader in the steel wire transformation and coating technologies market, on the sale of its stake in the Costa Rican subsidiary BIA Alambres Costa Rica S.A. to Grupo AG, a regional leader in steel production and construction solutions with operations in Guatemala and Honduras and presence in eleven countries through…
Banking & Finance, Blog, Business Law, Costa Rica, News
BLP advised CAF on a new bond issuance in Costa Rica
31
Mar
Mar
BLP has advised CAF – Development Bank of Latin America and the Caribbean on the issuance of Series C1 of the CAF Local Bond Program in Costa Rica, for an amount of ₡35,000,000,000, equivalent to approximately USD67 million, with a 7-year term and an interest rate of 6.18%. With this new placement, CAF reaffirms its…
Blog, Business Law, Costa Rica, Labor & Employment, News, Tax, Telecommunications, Media & Technology
BLP advised IFX on the Acquisition of Gold Data
13
Mar
Mar
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…
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…