Legal aspects and trends in the use of electronic signature in Central America
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Legal aspects and trends in the use of electronic signature in Central America

Introduction In our different jurisdictions we saw that the application and implementation of electronic signatures was accelerated during the pandemic and in recent years, Central American countries have passed legislation that gives the same legal validity and effectiveness to electronic signatures as handwritten signatures. Today, we are beginning to hear of some precedents from regulatory…

Are there cases in which goods do not pay import duties in El Salvador?
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Are there cases in which goods do not pay import duties in El Salvador?

As a general rule, during the procedure of definitive importation of goods into Salvadoran territory, the owner of the goods must pay the taxes that are caused, unless these goods are subject to a tax exemption or are not subject to the payment of these taxes. However, there is an import modality that can be…

Does the transfer pricing adjustment affect my operating loss for purposes of the ISO exemption in Guatemala?
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Does the transfer pricing adjustment affect my operating loss for purposes of the ISO exemption in Guatemala?

Transfer Pricing provisions originate to establish principles and regulations to the costs or amounts agreed by multinational entities in their international transactions and their impact on the calculation of the income tax base. This is done, mainly, to avoid a detriment or deferral of the payment of taxes in each jurisdiction. The objective is that…

The importance of tax closings before the general revenue department in Nicaragua
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The importance of tax closings before the general revenue department in Nicaragua

Nicaraguan law requires companies to register as taxpayers with the General Revenue Directorate (DGI). The Single Registry of Taxpayers (DGI) contemplates basic data of the company, such as: Shareholder composition. Current Board of Directors. Tax domicile. Economic activity. Legal representative. It is the taxpayer’s obligation to keep this information updated, being necessary to carry out…