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Public regulations under scrutiny

By Portal & Asociados - 14/01/2019
Public regulations under scrutiny

The government of El Salvador presented the Regulatory Improvement Law, which seeks to generate an impact on the country's investment climate by stimulating public-private partnerships to generate more jobs. "The Law of Regulatory Improvement is the result of the process of constructive dialogue between the public-private sector to generate more investment and jobs in the country," said Vice President Oscar Ortiz during the announcement.

With the approval of the law three tools were created to contribute on regulatory improvements: the Regulatory Agenda, which will identify the regulations that all public institutions plan to issue in a calendar year; the Regulatory Impact Assessment (EIR for its Spanish acronym), a systematic analysis of the objectives, options and impacts of regulations in order to ensure that their benefits exceed their costs; and the National Registry of Procedures, where all processes that citizens undergo will be recorded for their legal certainty.

By Portal & Asociados - 14/01/2019
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Portal & Asociados

For over thirty years, PORTAL & ASOCIADOS has been recognized as a Salvadoran law firm synonymous of high quality, integrity and value by leading domestic and multinational corporations and law firms seeking to invest or expand operations in El Salvador and Central America. We provide intellectual property services with a high level of professionalism no matter the size or nature of the operations of our clients.

The firm provides Intellectual Property services to businesses of all sizes, across all industry segments. Our multidisciplinary approach and multilingual staff appeal to inside and outside counsel who need a cooperative, responsive and cost conscious legal team on the ground to represent their clients’ interest in the Salvadoran and Central American region. Portal & Asociados also stands at the forefront of CAFTA related opportunities assisting manufacturers and companies to take full advantage of CAFTA market opening provisions by helping clients navigate the important reforms of domestic legal and business environments.

Because it is so time consuming and therefore expensive to establish and maintain relationships with five different law firms located and operating within a small geographical region, the firm´s Central American services consolidates clients’ efforts and offers one point of contact for all legal needs in Guatemala, Honduras, El Salvador, Costa Rica and Nicaragua and that is why we are your CENTRAL AMERICAN HUB FOR INTELLECTUAL PROPERTY SERVICES.