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Law No. 10,889 and the Redefinition of Risk in the Financial System

Law No. 10,889 and the Redefinition of Risk in the Financial System

by GLC Legal | May 5, 2026 | Blog Eng, Commercial Law, Costa Rica Eng

The recent entry into force of Law No. 10,889, which amends the Law on the Promotion of Competition and Effective Consumer Protection, constitutes one of the most significant developments in the regulation of financial services in Costa Rica in recent years. A...
The Hidden Cost of Hiring Irregular Migrant Workers in Costa Rica

The Hidden Cost of Hiring Irregular Migrant Workers in Costa Rica

by GLC Legal | Apr 22, 2026 | Blog Eng, Costa Rica Eng, Labor Law

Hiring irregular migrant workers in Costa Rica may seem like a quick operational fix, but in reality it can lead to sanctions, labor claims, operational disruption, and reputational damage. What employers should consider before hiring foreign personnel In recent...
The Notary as a Guarantor of Legality in the Technological Era

The Notary as a Guarantor of Legality in the Technological Era

by GLC Legal | Apr 15, 2026 | Blog Eng, Commercial Law, Costa Rica Eng

In the commercial sphere, the notary is often perceived as a mere certifier of signatures or a drafter of pre-established deed templates. However, the notary’s role in the pre-cartular stage of notarial practice is far more technical and rigorous. A notary is, above...
Seasonal Contracts and Annual Settlements in Costa Rica

Seasonal Contracts and Annual Settlements in Costa Rica

by GLC Legal | Apr 8, 2026 | Blog Eng, Costa Rica Eng, Labor Law

Seasonal Contracts and Annual Settlements in Costa Rica: A Useful Tool That Few Companies Apply Correctly In Costa Rica and much of Latin America, many industries rely on predictable cycles of activity: retail intensifies at the end of the year, tourism fluctuates...
Costa Rica’s New Franchise Law: Necessary or Overregulation?

Costa Rica’s New Franchise Law: Necessary or Overregulation?

by GLC Legal | Apr 6, 2026 | Blog Eng, Commercial Law, Costa Rica Eng

Costa Rica’s New Franchise Law: Necessary Regulation or Overregulation of the Model? The recent publication, on March 12th, 2026, in La Gaceta of Law No. 10867, “Law for the Regulation and Promotion of Franchises,” marks a milestone in Costa Rican commercial law. For...
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