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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Occupational Health and Safety, the route to economic recovery.

Occupational Health and Safety, the route to economic recovery.

At BLP, we know that economic reopening represents challenges for companies in the region. With this vision, our team specialized in Occupational Health and Safety is available to accompany you to overcome these challenges. Check out our OHS content series ...
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Contract rescission of administrative contracts in the COVID-19 Pandemic.

Contract rescission of administrative contracts in the COVID-19 Pandemic.

  • Definition. What is contract rescission (termination)?
  1. It’s an unusual cause for contract termination.
  2. It’s caused by a variation in the agreed essential conditions which prevent contract performance, such as fortuitous event, force majeure or public interest reasons ...
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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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Intellectual Property in the new digital age.
/ / At BLP, Blog, Intellectual Property

Intellectual Property in the new digital age.

The Internet has become an ally of brands, which allows to eliminate physical barriers and get closer to its consumers. This implies new business opportunities and risks for companies. Our specialized team in Intellectual Property shares the following series of ...
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