Since commerce is an activity in constant development we can assert that it is necessary to have regulation which isadequate and flexible to change because to the contrary the regulation would become obsolete and impossible to apply to day to day transactions. In the same way, commercial regulation must also promote inclusion of the merchant…

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On February 25, 2016, the Congress of the Republic of Guatemala approved the accession of the country to the Trademark Law Treaty (TLC), originally subscribed in Geneva on October 27, 1994; the approval was one of the commitments of Guatemala established in the Free Trade Agreement between Dominican Republic, Central America and the United States…

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With the new Civil Procedure Code, the time it takes to conduct civil proceedings will be reduced from an average of between 10 and 15 years to just two years. Cases of breach of contract between private parties who undergo civil suits will be resolved in an average two-years, as hearings will be held in…

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The Government from Honduras passes a new law that regulates the use of chemicals in soil. The new law regulated the use in soil of 70 chemicals including, inorganic compounds, hydrocarbons, pesticides and other industrial chemicals. Source: www.centralamericadata.com

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San Salvador, August 14 of 2015 With 74 votes in favor, the Legislative Assembly approved the creation of a Financial Inclusion Law. This Law aims at providing financial inclusion, and promoting competition in the financial service sector, as well as reducing costs for users and clients of the system. Official data establishes that only 35%…

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In El Salvador a petition was made, before the Constitutional Room of the Supreme Court of Justice, questioning the constitutionality of the article 77 of the Law of Income Tax, becouse of its content. To read the demand you may cklick the following link: https://www.dropbox.com/s/j830zi29xxfn06z/Inc%20%2098-2014%20Inc%20%20de%20la%20Ley%20del%20Impuesto%20sobre%20la%20Renta%2020-04-2015.pdf?dl=0

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FIND OUT MORE ABOUT CHANGES MADE TO CERTAIN COLOMBIAN NORMATIVITY ON FINANCIAL LAW AND ESTATE PLANNING SPECIAL RULES FOR ACCOUNTS FOR ADMINISTRATING RESOURCES FROM POLITICAL CAMPAIGNS AND POLITICAL PARTIES. By issuance of the External Document 009 of abril 21st of 2015, the Superintendence of Finance from Colombia provides special rules for opening accounts for administrating…

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The Superintendence of Industry and Commerce, as the National Competition Authority of Colombia has made some changes to the notification regime for mergers in this Country. To find out more about this changes you can go to the SIC’s web page at: http://www.sic.gov.co/drupal/noticias/superindustria-modifica-parametros-para-informar-integraciones-empresariales-en-colombia  

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