Month: May 2020

El Salvador: New Summary of Measures and Executive Decree Number 24

Written by: Alvin Delgado and Francisco Mendoza Update of the extraordinary preventive measures, in order to declare El Salvador’s territory subject to sanitary control to contain COVID-19 pandemic. Due to worldwide COVID-19 pandemic, the measures currently enforced in El Salvador, which mainly affect individuals and companies are the following: STATE OF EMERGENCY: On March 14th, …

El Salvador: New Summary of Measures and Executive Decree Number 24 Read More »

El Salvador: Regulation law for isolation, quarantine, observation and surveillance due to COVID-19

Written by: Michelle Suadi and Gustavo Vega   As a result of the national situation due to the COVID-19 pandemic and the progressive increase in confirmed cases, on May 5th, 2020, the Salvadoran Congress approved a new Act to regulate the conditions, time and form of quarantine compliance, as well as the isolation and surveillance …

El Salvador: Regulation law for isolation, quarantine, observation and surveillance due to COVID-19 Read More »

New Costa Rican Government Project

The Government of Costa Rica submitted to the Legislative Party a bill for the approval of a loan from the Central American Bank for Economic Integration (CABEI) to support the financing of the project “Construction, equipment and operation of a Passenger Rapid Train System (TRP) in the Greater Metropolitan Area”.    This project aims to provide users of public …

New Costa Rican Government Project Read More »

El Salvador: New Summary of Measures and Executive Decree Number 22 and 23

Written by: Alvin Delgado and Francisco Mendoza Update of the extraordinary preventive measures, in order to declare El Salvador’s territory subject to sanitary control to contain COVID-19 pandemic. Due to worldwide COVID-19 pandemic, the measures currently enforced in El Salvador, which mainly affect individuals and companies are the following: STATE OF EMERGENCY: On March 14th, …

El Salvador: New Summary of Measures and Executive Decree Number 22 and 23 Read More »

El Salvador: Protection of salvadoran employment act

Written by: Carlos Rodriguez, Millie Miranda y Diego Rivera LEGISLATIVE DECREE Number 641: On May 5th, 2020, the Salvadoran Congress issued a new Decree which has as an objective to establish measures to mitigate the economic impact and its effects on Salvadoran employment due to COVID-19 pandemic; all in virtue of the sanitary measures imposed to fight …

El Salvador: Protection of salvadoran employment act Read More »

El Salvador: Free trade zones, call centers and other taxpayers exempted from the special contribution for large taxpayers must calculate and pay this tax with respect to the period from january to july 2019

Written by: William Escobar The Ministry of Finance has published on its website the new orientation guide (DG 01/2020), with the “Guidelines to facilitate the application of the Special Contribution to Major Taxpayers for the Citizen Security Plan“, which is in force since 29 April 2020. Among the most relevant aspects set forth in this …

El Salvador: Free trade zones, call centers and other taxpayers exempted from the special contribution for large taxpayers must calculate and pay this tax with respect to the period from january to july 2019 Read More »

Costa Rica: How COVID19 impacts Transfer Pricing?

Written by: Rafael Luna  The health emergency now extended to an economic crisis, has a major impact on local and international business groups, in many cases forcing them to conduct changes and even taking drastic decisions which allows the maintenance or subsistence of the business. Many of those changes are related to imminent issues such …

Costa Rica: How COVID19 impacts Transfer Pricing? Read More »

Costa Rica: COVID19: How Transfer Pricing is Affected

Written by: Rafael Luna   The health emergency, now extended to the economic crisis, is putting strong pressure on local and international business groups, in many cases forcing them to make changes or even take drastic measures, to allow the maintenance or mere subsistence of the business. Many of these changes refer to imminent issues …

Costa Rica: COVID19: How Transfer Pricing is Affected Read More »

El Salvador: Update of the extraordinary preventive measures, in order to declare El Salvador’s territory subject to sanitary control to contain COVID-19 pandemic

Due to worldwide COVID-19 pandemic, the measures currently enforced in El Salvador, which mainly affect individuals and companies are the following: STATE OF EMERGENCY: On March 14th, 2020, through Decree 593, the State of National Emergency for a period of 30 days, was decreed, which would end on April 12th, 2020. Such regime was extended …

El Salvador: Update of the extraordinary preventive measures, in order to declare El Salvador’s territory subject to sanitary control to contain COVID-19 pandemic Read More »

Scroll to Top