Through Executive Agreement N°031-2023-TEL-MICITT, published in Scope N°77 of the Official Gazette N°75 of May 2, 2023 and notified to SUTEL by MICITT through official letter number MICITT-DVT-OF-350-2023, the Executive Branch issued the initial decision for SUTEL to instruct the procedure for concessions of radioelectric frequency spectrum bands for 5G services. See Bidding basis
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…
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…
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…
It is very common in Guatemala that, when entering into a contract between two local entities, the parent company of one of them is foreign and, therefore, requires that the contract be executed in another language (usually English), that it be subject to the laws of the jurisdiction of the referred parent company and subject…
Taking a product to its destination is a necessary and useful task in commerce and requires a broad duty of control for those who engage in this type of activity. Import and export acts are subject to a series of formalities and requirements that depend on the good performance of several individuals who have different…
Decree 52-2003 was declared of urgency and national interest to promote the development of renewable energy projects at a time when Guatemala had a generation matrix, mainly from thermal energy sources (bunker and diesel) and, according to the renewable resources the country had, it could stop depending on imports and generate energy with clean and…
In a world increasingly aware of the need to protect the environment and reduce greenhouse gas emissions, Costa Rica has become a true leader in the adoption of renewable energy and the implementation of sustainable policies. Through a combination of unique factors and a determined commitment, Costa Rica has made significant progress in achieving sustainable…
Regional Tax Team Concept and background: Capital gains are those that are generated by activities outside the taxpayers’ line of business. That is to say, they do not come from their line of business or usual activity. Capital gains occur when as a result of a monetary operation, there is a difference between the amount…
Since November 2021, the Tax Administration has made some communications with taxpayers requiring some specific forms regarding the presentation of reconciliations and audited financial statements, when applicable. It is important to start by defining who is obliged to submit such financial statements to the Tax Administration. Several legal bodies place this obligation. Income Tax In…
On April 18, 2023, the Legislative Assembly approved the new Law for the Promotion of Innovation and Technological Manufacturing, with the purpose of encouraging natural or legal persons to make, within the national territory, new investments in innovation projects or technological manufacturing, thus contributing to the economic growth and sustainable development of the country through…