BLP advises Oaktree Capital Management in granting a US$225 financing facility to Establishment Labs
/ / At BLP, Blog

BLP advises Oaktree Capital Management in granting a US$225 financing facility to Establishment Labs

Establishment Labs Holdings Inc. (NASDAQ: ESTA), a medical technology company focused on women’s health, initially in the breast aesthetics and reconstruction market, today announced that it has entered into a $225 million term loan financing facility with funds managed by ...
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New regulations require companies to quantify and publish their carbon emissions globally
/ / Analysis, Blog

New regulations require companies to quantify and publish their carbon emissions globally

Luis Palacios Director Costa Rica lpalacios@zone-es.com

Over the past few months there has been a huge global increase in environmental compliance duties, to the point that, in the near future, all the companies listed on international stock exchanges would be ...
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Extension of the term to present the Ordinary Declaration 2022 of Registry of Transparency and Final Beneficiaries
/ / Blog, Costa Rica, News

Extension of the term to present the Ordinary Declaration 2022 of Registry of Transparency and Final Beneficiaries

On April 29, 2022, the addition to the General Scope Joint Resolution for the Registry of Transparency and Final Beneficiaries No. DGT-ICD-R-06-2020 of March 26, 2020, was published in the Official Gazette. Through this addition, legal entities and trusts required ...
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Authorization of remission for the formalization and collection of Social Charges
/ / Blog, Costa Rica, News

Authorization of remission for the formalization and collection of Social Charges

On April 25, 2022, the bill on the "Authorization of remission for the formalization and collection of Social Charges" was approved in a second debate, enabling the Costa Rican Social Security Authority, to carry out a remission of debt of ...
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Law is approved that promotes investment in free zones outside the GAM
/ / Blog, Costa Rica, News

Law is approved that promotes investment in free zones outside the GAM

On April 27, the Law to Strengthen Territorial Competitiveness that promotes the attraction of investments outside the Greater Metropolitan Area (GAM) was approved. At its entry into force, the law creates three new company categories to qualify for the free ...
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Law to regulate teleworking
/ / Blog, Costa Rica, News

Law to regulate teleworking

On April 25, 2022, an amendment to article 9, subsection D, of the "Law to regulate teleworking" (Law 9738) went into effect through publication in the Official Gazette.

The law was approved to guarantee respect for the personal and family privacy ...
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Nomad visa: the extent of the stay of digital nomads is officially interpreted
/ / Blog, Costa Rica, News

Nomad visa: the extent of the stay of digital nomads is officially interpreted

In a second (final) debate on April 21, the authentic interpretation of the Law To Attract Remote Workers And Providers Of International Services was approved, stipulating that the immigration benefit to be granted for one year means that applicants will ...
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