Article 63 of the Social Security Law of 1982, in accordance with the provisions of article 83 of the Labor Code of 1945, established the definition of occupational accident as death or any organic injury or functional disturbance, permanent or transitory, immediate, or subsequent, produced by the sudden action of an external cause arising out…
Under good business practices, a company can implement and design systems, policies, and procedures for the preventive control of regulatory risks of companies. Generating a culture of prevention for the sake of regulatory and procedural compliance in the operation of a company will determine the success, since it will allow an early visualization of possible…
In previous months we wrote about the entry into force of the Regulation of Electronic Payment Service Providers (EPSPE). Now that the deadline has passed for companies in this area to adapt and register in the EPSPE registry, which for such purpose is kept by the Central Bank of Honduras, and based on our experience…
Leasing a property implies giving a property for temporary use to another party who agrees to pay a certain amount of money. This generates for both, the lessor, and the lessee, the existence of rights and obligations to keep the property in a good condition and fulfill its purpose of use. To maintain and preserve…
Article 103 of the Tax Code of the Republic of Nicaragua and its amendments (CTr) regulates the obligation of all taxpayers to register and keep their information updated in the Single Taxpayers Registry (RUC) of the General Revenue Directorate (DGI) of the Ministry of Finance and Public Credit (MHCP). For such purposes, the Tax Administration…
With the objective of reducing the effects of climate change and guaranteeing access to energy in different latitudes, the figure of Energy Communities has been developed. These are legal organizations made up of a variety of partners that may include individuals, associations, small and medium-sized companies, government entities, among others. Climate change is a real…
There are so many things that are attributed to invoices. Many qualities and functions that colloquially, even the authorities promulgate, are repeated, and repeated without really being functions of these documents. An invoice, in Guatemala, is a fiscal document of the VAT regime. Its function is only to document the obligation to charge VAT on…
The Digital Assets Law, which is in force since February 1, 2023, aims to establish a legal framework that provides legal certainty to the transfer operations of any title of digital assets used in public offerings issued in El Salvador. Likewise, it regulates the requirements and obligations of issuers, digital asset service providers, and other…
Our present time is in constant evolution and Artificial Intelligence (AI) has demonstrated its ability to revolutionize entire industries and improve our quality of life in many aspects. In our global interconnectedness, it is a reality that organizations are already working on implementing AI for various purposes, including improving processes and the way they do…
It is important to begin by emphasizing that the limitation of the ordinary workday is a right that cannot be waived and that, in the case of El Salvador, there is even the peculiarity that these limits are expressly determined by the imperative Constitutional Norm, which makes them even more difficult to modify than if…
Green finance is a way to support sustainable development, encourage investment decisions and develop projects that seek to generate a positive impact from the financial trenches. Every year there is a growing emphasis on environmental awareness and the urgent need for sustainable development for all. Green finance – the integration of environmental, social and governance…
Consortium Legal, the largest law firm in Central America continues to drive its strategy of growth and excellence in client service by announcing the appointment of Maria Fernanda Morales as Practice Partner in its Guatemala office. This promotion marks a milestone in Maria Fernanda’s professional development, and consolidates the firm’s commitment to provide the highest…