Month: August 2020

Guatemalan Tax System

Written by: Alfredo Rodríguez   As should be expected, the Guatemalan tax system is based on constitutional provisions. The Political Constitution of the Republic establishes principles that have fiscal implications in various provisions. It begins with the citizen’s duty to contribute to public expenditure, in the manner prescribed by law.  This provision contains what is …

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Consortium Legal announces new firm’s regional president

Consortium Legal has appointed a new CEO. Álvaro Castellanos Howell, who has more than 35 years of experience, has been appointed president and general director of Consortium Legal for Central America.   Castellanos will replace José Evenor Taboada Arana, who led the firm regionally for 15 years. Taboada leaves the firm with a legacy of …

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El Salvador: New Summary of Measures and Executive Decree Number 32

Written by: Alvin Delgado Francisco Mendoza   Sanitary Protocols to Guarantee Population´s Health and Life rights, in the process of gradual reactivation of the economy during the COVID-19 Pandemic, applicable in the Western, Central and Eastern areas of the Republic of El Salvador.    EXECUTIVE DECREE Number 32: On July 29, 2020, the Ministry of …

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Honduras: Three fundamental keys in corporate readjustment during the COVID-19

Written by: María Alejandra Henriquez   Companies worldwide are going through difficult times as a result of the sudden economic recession generated by the current pandemic, encountering various unfortunate scenarios. The emergency has made operational continuity difficult for many companies, significantly affecting their cash flow. The virus has exposed extreme vulnerabilities in the way enterprises …

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