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EL SALVADOR - ISSUANCE OF THE REGULATIONS OF THE LAW FOR THE PROMOTION OF INNOVATION AND MANUFACTURING OF TECHNOLOGIES


On June 2 of this year, the President of the Republic issued the Decree No. 25 containing the Regulations of the Law for the Promotion of Innovation and Manufacturing of Technologies (the “Regulations”), with the purpose to develop and facilitate the application of th...

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OBLIGATION TO APPOINT AN EXTERNAL AUDITOR FOR PREVENTION OF AML/FT/FPWMD: REQUIREMENTS FOR APPOINTMENT, TERMS OF APPOINTMENT AND PRINCIPAL FUNCTIONS


Article 9 of the Instructions for the Prevention, Detection and Control of Asset and Money Laundering (AML), Financing of Terrorism (FT) and Financing of the Proliferation of Weapons of Mass Destruction (FPWMD) of the Financial Investigation Unit (hereinafter referred to as the &...

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TERM EXTENSION OF SALVADORAN TECHNICAL REGULATION RTS 01.02.01:18 METROLOGY. INTERNATIONAL SYSTEM OF UNITS (SI)


In Executive Agreement Number 433 of the Ministry of Economy, published in the Official Gazette dated May 18 of this year, the National Quality Council (CNC) announced the approval of the new extension of ONE YEAR for the entry into force of the Salvadoran Technical Regulation RT...

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IFLR AMERICAS 2023 AWARDS US FOR THE OUTSTANDING PERFORMANCE OF OUR TEAM


Our firm has been awarded once again by the prestigious IFLR AMERICAS 2023 awards, thanks to the incomparable talent, experience, and knowledge of our team.    We have been awarded for our expertise in the following categories:  Corporate Law Firm of the Yea...

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REFORMS TO THE CIVIL AVIATION LAW OF EL SALVADOR


On April 19, 2023, the Legislative Assembly of El Salvador approved the reforms to the Civil Aviation Law (LOAC) which were published in the Official Gazette number 87 volume 439 dated May 15, 2023.   Below, we detail some of the most relevant aspects of the reform for air...

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PANAMA - AMENDMENTS TO LAW 93 OF 2019, WHICH CREATES THE PUBLIC-PRIVATE PARTNERSHIP REGIME


Through the Executive Decree No. 119 of April 27, 2023, articles of Law 93 about the Public-Private Partnership Regime are modified.   The modifications correspond to the inclusion of new definitions and greater guidelines to the governing body, within the project´s ...

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APPROVAL BY THE EXECUTIVE BRANCH OF THE BILL OF LAW OF PROMOTION OF INNOVATION AND MANUFACTURE OF TECHNOLOGIES IN EL SALVADOR


Today, the Executive Branch has announced the approval of the Bill of Law for the Promotion of Innovation and Manufacture of Technologies, after the approval by the Congress on April 17th of this year.   With the approval by the Executive Branch, the law will be ...

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COSTA RICA - RENEWAL OF CHEMICAL PRODUCTS


The Central American Technical Regulation "RTCR 478:2015 Chemical Products. Hazardous Chemical Products, Registration, Importation and Control" Decree No. 40705-S, entered into force on May 03, 2018, abrogating the "Regulation for the Registration of Chemical Produ...

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ARIAS - CENTRAL AMERICAN FIRM OF THE YEAR 2023 IN INTELLECTUAL PROPERTY


Managing IP recognizes our excellence in the region   It is with great satisfaction to share with you that we have obtained for the second consecutive year the Central American Firm of the Year 2023 award in the eighteenth edition of the prestigious Managing IP awards, an e...

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WHAT EVERY ENTREPRENEUR SHOULD KNOW ABOUT INTELLECTUAL PROPERTY


The World Intellectual Property Organization (WIPO) established April 26th as the World Intellectual Property Day to create global awareness on the importance of protecting intellectual property. We recognize the work carried out by our expert lawyers in this practice area, who h...

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LEXOLOGY QUALIFIES US AS LEGAL INFLUENCERS


In its most recent publication, Lexology appointed Rosa María Arenales, partner in Guatemala, as a "Legal Influencers" for the Employment & Immigration practice in Central and South America.  Rosa María has experience in different practice areas ...

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FINALISTS FOR THE WOMEN IN BUSINESS LAW AWARDS 2023, RECOGNIZING THEIR COMMITMENT TO FEMALE LEADERSHIP IN LEGAL PRACTICE


The prestigious organization WOMEN IN BUSINESS LAW has announced the list of finalists for its annual awards, which aim to highlight the leading female lawyers and law firms that have launched initiatives to promote diversity and female leadership in the practice of law. This yea...

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CREATION OF THE SINGLE WINDOW FOR FOREIGN TRADE IN NICARAGUA


Foreign trade is becoming more important every day, Nicaragua through Law No. 1147 "Law Creation of the Single Window for Foreign Trade of Nicaragua (VUCEN)", published in La Gaceta Official Newspaper No. 59 (hereinafter "Law No. 1147"), intends to facilitate ...

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BILL OF LAW TO PROMOTE TECHNOLOGICAL INVESTMENTS IN EL SALVADOR


On March 30th, 2023, the Minister of Economy, María Luisa Hayem, filed to the Congress a Bill of Law that includes the Law for the Promotion of Innovation and Manufacturing of Technologies.   The objective of this initiative is to contribute to the economic gro...

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ARIAS, LEADER IN PATENT REGISTRATION IN AMERICA AND THE CARIBBEAN BY THE PATENT LAWYER 2023


The prestigious magazine The Patent Lawyer has recently published its ranking for the year 2023, which highlights our exceptional performance in the patent prosecution practice. As a law firm that provides comprehensive intellectual property services including patent registration...

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GUATEMALA - SAT ISSUED AND APPROVED RESOLUTION NO. SAT-DSI-400-2023


The Tax Administration Office issued Resolution SAT-DSI-400-2023, published on March 31st, 2023, in the Official Gazette, extended the term for taxpayers registered under the Small Taxpayer regime of the Value Added Tax to registered to the Online Electronic Invoice -FEL- regime ...

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NICARAGUA - NEW PROCEDURE FOR THE APPROVAL OF POWERS OF ATTORNEY BEFORE THE NATIONAL AUTHORITY OF SANITARY REGULATION


On March 21, 2023, the National Authority of Sanitary Regulation (NASR) issued the Administrative Resolution Nᵒ 001/2023 by which it approves the procedure for requests for approval of Powers of Attorneys of Import, Distribution and/or commercialization, responsible professiona...

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COSTA RICA - PUBLIC CONSULTATION ON MARKET STUDY GUIDELINES


The Costa Rican Antitrust Authority (“COPROCOM”) launches the public consultation on “MARKET STUDY GUIDELINES”, as required by Law N° 9736.     The Guidelines establish the following:   a) Basis and purpose for conducting a Mar...

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COSTA RICA - NEW DEADLINE TO SUBMIT THE ULTIMATE BENEFICIAL OWNER (UBO) REPORT FOR FISCAL YEAR 2023


The term for companies and trusts to file the ordinary UBO report for the fiscal year 2023 was modified through resolution MH-DGT/ICD-RES-0004-2023 published in the Official Newspaper “La Gaceta” on March 22nd, 2023. In accordance with the resolution, the deadline&nbs...

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WE ARE SHORTLISTED IN FOUR IMPORTANT CATEGORIES IN THE REGION FOR THE PRESTIGIOUS IFLR AMERICAS AWARDS 2023


IFLR has released the nominations for its prestigious recognitions, IFLR AMERICAS AWARDS 2023, and we are pleased to announce that we have been shortlisted in four major categories: Firm of the Year in Central America Firm of the Year in Costa Rica Firm of the Year in Panam...

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