Sustainability by BLP: The Firm´s commitment
/ / At BLP, Blog, Sostenibilidad by BLP

Sustainability by BLP: The Firm´s commitment

At BLP we are proud to quote one of our clients that “Successful businesses cannot exist in failed societies”. We recognize that our success depends on keeping the societies in which we work functioning and robust.  As a vital part of our ...
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Your summary of legal news in El Salvador - Newsletter October
/ / At BLP, Blog, El Salvador

Your summary of legal news in El Salvador – Newsletter October

Environment

Incentive Law for the Import and Use of Electric and Hybrid Means of Transportation.

On September 24, 2020, the Legislative Assembly approved Legislative Decree number 738, enacting the Incentives Law for the Importation and Use of Electric ...
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Ministry of Finance issues resolution to apply for an extension of the maximum deducibility limit for non-bank interest.
/ / Blog, Costa Rica, News

Ministry of Finance issues resolution to apply for an extension of the maximum deducibility limit for non-bank interest.

Article 9bis of the Income Tax Law determined the maximum deducibility limit for non-bank interest, which is 20% of the profit before interest, taxes, depreciation, and amortization (EBITDA).

Likewise, this article established that the Treasury has to regulate the procedure ...
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Reforms to the Law against Money Laundering in Nicaragua

Reforms to the Law against Money Laundering in Nicaragua

Lawyers, Public Notaries and their new designation as Mandatory Subjects under Law No. 977, Law against Money Laundering (LA / FT / FP).
As of 2019, Nicaraguan lawyers and notaries public ...
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Changes in vehicular restriction measures in Costa Rica.
/ / Blog, Costa Rica, COVID-19, News

Changes in vehicular restriction measures in Costa Rica.

New rules were established for the letter of exception to the sanitary vehicle restriction*:

  • As of August 1, all letters of exception to the restriction of sanitary vehicles must be re-issued, indicating the new date on which they were ...
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The Government of the Republic of Guatemala issues a Plan of National Strategy to reopen activities in the country
/ / Blog, COVID-19, Guatemala, News

The Government of the Republic of Guatemala issues a Plan of National Strategy to reopen activities in the country

On June 2nd, 2020, the Ministry of Public Health and Social Assistance published the Ministerial Agreement 144-2020 which contains the national strategy for controlling the epidemic COVID-19 and the conditions of confinement to complement the presidential provisions dated May 31st, ...
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Extension of the mobility restriction from April 3 to 12 in Costa Rica
/ / Blog, Costa Rica, COVID-19, News

Extension of the mobility restriction from April 3 to 12 in Costa Rica

From Friday, April 3 to Tuesday, April 7,  restrictions on vehicle circulation will be extended from 5:00 p.m. to 5:00 a.m. throughout the national territory (see chart below). The following exceptions apply: