INCORPORATION OF A VARIABLE CAPITAL CORPORATION IN EL SALVADOR Key Requirements and Considerations 01 | SHAREHOLDERS The company must be incorporated by at least two shareholders, who may be individuals or legal entities, whether Salvadoran or foreign. There are no general restrictions preventing shareholders or directors/legal representatives from being foreign nationals, without prejudice to any […]
SPECIAL LAW ON THE COLLECTION, RECOVERY, AND FINAL DISPOSAL OF WASTE By virtue of the enactment of the Special Law on the Collection, Recovery, and Final Disposal of Waste, ANDRES (the National Authority for Solid Waste) was established to comprehensively regulate the management, collection, transportation, recovery, and final disposal of waste nationwide, ensuring that such […]
Prevention Before Sanction: The Business Value of Respecting Consumers’ Rights of Withdrawal, Waiver, and Retraction In today’s consumer relationships, compliance with legal provisions should not be viewed merely as a legal obligation, but rather as a strategic tool to strengthen consumer trust and significantly reduce business risks. In this regard, the Consumer Protection Law grants […]
Policies on the Handling and Management of Personal Data in El Salvador: A Detailed Corporate Compliance Guide El Salvador is strengthening its regulatory framework on personal data protection with the entry into force of the Policies on the Handling and Management of Personal Data, issued by the State Cybersecurity Agency (ACE). These policies develop the […]
Labor Law Compliance in El Salvador as a Competitive Business Advantage In El Salvador’s dynamic business environment, labor law compliance has evolved from a mere legal requirement into a powerful tool for strategic management. Companies that adopt practices aligned with current legislation not only avoid sanctions but also achieve significant operational efficiencies, strengthen their reputation, […]
Abusive Clauses in El Salvador: A Transition Toward Judicial Oversight On more than one occasion, we encounter contracts in which one party imposes conditions that, far from seeking balance, significantly limit the rights of the other party. These conditions, known as abusive clauses, have ceased to be a merely theoretical issue and are now increasingly […]
Recently, the President of the Republic announced through his official account on the social network “X” the issuance of a proposal to increase the current legal minimum wage. Therefore, it is up to the National Minimum Wage Council to analyze and establish it, as one of its main objectives is precisely the periodic review of […]
New Law for the Protection of Personal Data Published in Official Gazette No. 219, Volume 445, on November 15, 2024, the new law for the protection of personal data in El Salvador aims to establish the basic guidelines for the protection of personal data, including but not limited to the essential requirements for data processing, […]
New Intellectual Property Law On August 8, 2024, the Legislative Assembly of El Salvador approved the new Intellectual Property Law, which aims to establish a legal framework for the protection and enforcement of Intellectual Property rights and industrial privileges. This new law will repeal the current laws: the Law on Trademarks and Other Distinctive Signs, […]
What is a Bitcoin Halving? The Bitcoin halving is a condition defined in the Bitcoin protocol that requires the Bitcoin block reward to be halved every 210,000 blocks. The Bitcoin halving is possibly the most important event in the world of cryptocurrencies. Whether you’re a beginner in cryptocurrencies or an experienced investor, it’s essential to […]
