Torres Legal
Latin America Guide 2024
About
Managing Partner: Héctor Ramón Torres Córdova
Senior Partner: Héctor Ramón Torres Reyes
Partners: 9
Associates: 9
Lawyers: 3
Total Legal Team Members: 29
Total Firm Members: 44
Torres Legal, established in 2009, is a pioneering law firm committed to revolutionizing legal, financial, and business services in response to evolving market demands.
Driven by a vision to be a trusted partner to businesses and to craft innovative legal solutions, Torres Legal has emerged as one of the fastest-growing firms in El Salvador, serving a diverse clientele including international companies and individuals.Our team comprises of highly skilled lawyers, each specializing in various practice areas, boasting extensive experience and a proven track record in navigating complex legal issues. Drawing upon our elite expertise across all practice areas, we tailor our services to meet the unique requirements of each client and case.
At the core of our excellence is a team of seasoned professionals who foster a culture of innovation, collaboration, and the relentless pursuit of optimal outcomes for our clients.Our culture thrives on cultivating collaborative synergy across diverse disciplines, ensuring our clients receive unwavering dedication, seamless teamwork, and unparalleled quality in our services. We leverage our robust culture to deliver our firm's expertise to every client through genuine collaboration, positioning ourselves at the forefront of legal innovation in every practice area.
Torres Legal has garnered recognition in prestigious directories such as Chambers and Partners and The Legal 500, in addition to receiving accolades at the DyN Awards 2022 and 2023 presented by Derecho y Negocios magazine. Elevating its distinction further, Torres Legal stands alone as the sole Central American firm holding ISO 9001:2015 certification for Quality Management, setting unparalleled standards within the industry.
- Corporate: provides advice to national and international companies, as well as venture capital firms. They have a team specialized in creating corporate structures to make capital investment more efficient.
- Fintech: the firm has professionals who have advised on the execution of business and technology-based projects for financial or business innovation. Some of the services provided by this area are focused on: Fintech, Smart Contracts, ICO's, Blockchain projects, E-commerce, cryptoassets, etc.
- Compliance: it seeks to cover the need of companies that need specialized regulatory permits, in compliance with governmental obligations and special laws.
- Family Business: the service is focused on family businesses that aim to ensure their continuity over time, avoiding unpleasant differences among its members. The team offers advice for each particular case so that families can count on a structure that will allow them to face the future in a more secure way.
- Banking and Finance: Torres is a pioneer in the start-up of companies dedicated to the provision of financial inclusion services through technological means. They have been able to actively collaborate with institutions of the Government of El Salvador, for the creation of the regulatory framework for providers of mobile and electronic financial services.
- Tax: the firm has specialists with a solid practice in tax law, with which they have successfully represented their clients before state institutions and, where appropriate, have defended their interests before the Contentious-Administrative Chamber of the Supreme Court of Justice.
- Dispute Resolution: focused on negotiation, advice and representation of each client, always finding the most favorable and beneficial situation in order to provide the desired results. Thanks to the strategic vision for each case and its different scenarios, they work to prevent contingencies implicit in the dispute resolution process.
- Intellectual Property: the firm seeks to demonstrate to their clients how, through the implementation of legal protection strategies, they can create and increase the value of their intellectual property. They provide innovative advice on the preparation, drafting and negotiation of contracts on intangible assets, and in cases where necessary, the defense of intellectual property rights in court.
- Public Administration: they provide specialized, preventive and corrective legal advice to public institutions. In addition, they coordinate the management of audits by private firms and the Court of Accounts of the Republic of El Salvador, in order to avoid findings that may affect the acting officials.
- Labor and Immigration: through advisory services, they seek to empower companies, and therefore guide, in an integral manner, the processes of human resources policies from a preventive perspective.
- Civil Law: Our team comprises notaries in good standing renowned for their top-tier training and extensive expertise in delivering exceptional notarial services. Our offerings encompass a range of notarial services, including document authentication, contract drafting and certification, company establishment, and public deeds.
Torres Legal advice and structured a groundbreaking achievement, the issuance of the first public offering of digital assets in El Salvador, with a total value of $100,000,000.00. This operation not only marks a milestone for our firm but also signifies a remarkable moment in the legal and financial landscape. It is the first private issuance of tokens in El Salvador, the first regulated private issuance of tokens globally, and the pioneering issuance of tokens backed by agricultural underlying assets, specifically soybeans.
Torres Legal El Salvador
Address: Calle Cuscatlán, #4312, Colonia Escalón, San Salvador Centro, San Salvador, El Salvador
Phone number: +503 2538-6300
Email address: [email protected]
Ranked Offices
Provided by Torres Legal
- San SalvadorCalle Cuscatlán #4312, Col. Escalón, San Salvador, Area Metropolitana de San Salvador, El Salvador
- Web: www.torres.legal
- Tel: +503 25386300
- View ranked office
Torres Legal rankings
Articles, highlights and press releases
104 items provided by Torres Legal
Two-year period granted to complete municipal transition in El Salvador
As of May 1, 2024, the outgoing officers and employees of the municipal mayors' offices are tasked with providing essential information to update the accounting of the 44 new municipalities.
Learn How to Establish a Branch of a Foreign Bank in El Salvador
The process of establishing a foreign bank branch in El Salvador involves submitting a written request to the Superintendency of the Financial System. This request must include a series of documents and information about the financial entity.
Torres Legal advises on the first Debt Tokenization in El Salvador
We are excited to announce our participation in the structuring of the token issuance for the upcoming Hilton Hotel at the El Salvador International Airport. This revolutionary step marks the second public offering of digital assets in El Salvador and the second private tokenization led by our team.
Franchising in El Salvador: Legal and Intellectual Property Challenges
El Salvador's economy, on its path towards modernization and globalization, has seen the franchising model as a golden opportunity for commercial expansion and entrepreneurial development.
Emergency protocol: What to do before calling a lawyer?
There are many manuals, practices and advice for lawyers presenting cases to the judiciary. However, there is little information for clients on how to deal with the preliminary issues of court proceedings or any other form of dispute resolution.
Torres Legal expands its Fintech team with a new Associate
Pablo Sorto is the new addition to Torres Legal who will strengthen our services in the establishment of business, Fintech, Digital Assets, Cryptocurrencies, Blockchain and Decentralized Finance.
Price Comparison: A New Way of Contracting with the State
The new Public Procurement Law of El Salvador brings about new methods of contracting when it comes to works, goods, and non-consulting services: Competitive Bidding, Direct Contracting, Low-Value Procurement, and Price Comparison.
Torres Legal achieves favorable outcome in real estate dispute
After 6 years of litigation in Salvadoran courts, the Dispute Resolution team led by Rubén Rivas achieved significant legal success in favor of our client.
El Salvador exempts income tax to attract international capital
The Legislative Assembly of El Salvador approved an amendment to the Income Tax Law to encourage domestic and foreign investment in the financial sector, exempting from tax all international capital flows into the country.
Bitcoin and Its New High: $72,000
The price of Bitcoin has generated renewed interest in cryptocurrencies as a viable asset class for investors from all walks of life. However, it is essential that anyone considering investing in Bitcoin does so in an informed and cautious manner and understanding the risks involved.
Torres Legal becomes a member of Alliott Global Alliance
Torres Legal joins the prestigious network of independent firms, Alliott Global Alliance, solidifying its position as a leader in the legal market in El Salvador and strengthening its international reach.
Simplified Joint Stock Companies: Creating an easier business environment in El Salvador
The amendments to the Commercial Code have laid the groundwork for a more dynamic and adaptable business environment in El Salvador, providing entrepreneurs and businessmen with new opportunities to promote their projects with greater efficiency and agility.
Torres Legal hires associate specialized in Intellectual Property
Paola Lambert is the new addition to Torres Legal who will strengthen our services of trademarks and commercial names, copyrights, patents, industrial property and the defense of the intellectual property rights of our clients.
Chambers and Partners Global 2024 ranks Héctor Torres, managing partner of Torres Legal
Our managing partner, Hector Torres, has been praised for his corporate work, which involves advising both national and international clients and employing innovative strategies to resolve business disputes.
Chambers and Partners Global 2024 recognizes the work of Torres Legal
Our firm has earned recognition from the legal directory Chambers and Partners for its exceptional performance in the Corporate and Commercial sector. This ranking highlights the accolades received within the field of law in El Salvador.
Torres Legal drives inssuance of $100 millon dollars - The first public tokenization in El Salvador
We are proud to have advised eGrains in the issuance of the Tokenized Digital Assets backed by Agricultural Commodities authorized by the National Commission of Digital Assets in El Salvador.
What will the trials of the future be like?
Technological transformation and digitalization in the legal field are redefining the role of lawyers in the trials of the future, demanding a multidisciplinary approach and highlighting the importance of communication skills to ensure the administration of quality justice.
What are Reinsurance Contracts?
At the heart of the insurance industry, Reinsurance Contracts are the pillar of security. Discover their functions and importance with our partner and expert in insurance law, Luis Domínguez.
Learn about the new Special Law on Prices for Services of the National Directorate of Medicines
The new law grants the National Directorate of Medicines the power to carry out quality controls of products at the request of individuals, with fees that will gradually increase.
Reforms to Hydrocarbons Law Approved for Oil and Natural Gas Exploration
This law seeks to contract studies that provide geological and geophysical data to determine if there are sources of oil and natural gas in El Salvador.
Reforms to the Crecer Juntos Law redefine early childhood care and extend deadlines for implementati
The changes to the Crecer Juntos Law extend the deadlines for the State, municipalities and private companies to "provide their workers' children with comprehensive early childhood care" through the Early Childhood Care Centers (CAPI).
What to Do in the Face of an Account Lapping Scheme?
Lapping schemes occur in smaller companies where only one person can handle cash receipts and customer billing. However, this type of fraud is not exempt from occurring in larger companies.
Revolutionizing Financing: Crowdfunding and Crowdlending
These concepts have democratized access to finance and investment, allowing a wide range of people to participate in financial activities that were previously limited to traditional financial institutions.
Basic tips for starting a business
To successfully start a business, it requires skills, resources, and compliance with necessary procedures. Having an innovative and profitable business idea is important, as well as consulting with a lawyer or legal advisor to ensure compliance with all relevant laws and regulations.
"Trading" in the Salvadoran Market
Trading is a new type of investment and search for profitability, which has become very popular in recent years thanks to the development of technology and information systems.
Reforms to the International Services Law and Their Benefits
Recent changes to the International Services Law in El Salvador represent a significant step towards creating a more dynamic and competitive business environment.
2023, a year of achievements and recognitions for Torres Legal
These 12 months have marked a milestone in our history, reaffirming our commitment to excellence and vanguard in the legal, business and technological world.
Torres Legal awarded Operation of the Year at DyN Awards 2023
This recognition celebrates our dedication to legal excellence and innovation in operations that make a difference in business.
Torres Legal Recognized as the Fastest-Growing Firm at the 2023 DyN Awards
Derecho y Negocios magazine has recognized us for our outstanding growth, hard work, innovation and adaptability that distinguishes our team.
Torres Legal wins award in New Technologies Law
For the second consecutive year, our firm was recognized by Derecho y Negocios magazine for our dedication to providing innovative legal solutions in the digital world.
Two-year period granted to complete municipal transition in El Salvador
As of May 1, 2024, the outgoing officers and employees of the municipal mayors' offices are tasked with providing essential information to update the accounting of the 44 new municipalities.
Learn How to Establish a Branch of a Foreign Bank in El Salvador
The process of establishing a foreign bank branch in El Salvador involves submitting a written request to the Superintendency of the Financial System. This request must include a series of documents and information about the financial entity.
Torres Legal advises on the first Debt Tokenization in El Salvador
We are excited to announce our participation in the structuring of the token issuance for the upcoming Hilton Hotel at the El Salvador International Airport. This revolutionary step marks the second public offering of digital assets in El Salvador and the second private tokenization led by our team.
Franchising in El Salvador: Legal and Intellectual Property Challenges
El Salvador's economy, on its path towards modernization and globalization, has seen the franchising model as a golden opportunity for commercial expansion and entrepreneurial development.
Emergency protocol: What to do before calling a lawyer?
There are many manuals, practices and advice for lawyers presenting cases to the judiciary. However, there is little information for clients on how to deal with the preliminary issues of court proceedings or any other form of dispute resolution.
Torres Legal expands its Fintech team with a new Associate
Pablo Sorto is the new addition to Torres Legal who will strengthen our services in the establishment of business, Fintech, Digital Assets, Cryptocurrencies, Blockchain and Decentralized Finance.
Price Comparison: A New Way of Contracting with the State
The new Public Procurement Law of El Salvador brings about new methods of contracting when it comes to works, goods, and non-consulting services: Competitive Bidding, Direct Contracting, Low-Value Procurement, and Price Comparison.
Torres Legal achieves favorable outcome in real estate dispute
After 6 years of litigation in Salvadoran courts, the Dispute Resolution team led by Rubén Rivas achieved significant legal success in favor of our client.
El Salvador exempts income tax to attract international capital
The Legislative Assembly of El Salvador approved an amendment to the Income Tax Law to encourage domestic and foreign investment in the financial sector, exempting from tax all international capital flows into the country.
Bitcoin and Its New High: $72,000
The price of Bitcoin has generated renewed interest in cryptocurrencies as a viable asset class for investors from all walks of life. However, it is essential that anyone considering investing in Bitcoin does so in an informed and cautious manner and understanding the risks involved.
Torres Legal becomes a member of Alliott Global Alliance
Torres Legal joins the prestigious network of independent firms, Alliott Global Alliance, solidifying its position as a leader in the legal market in El Salvador and strengthening its international reach.
Simplified Joint Stock Companies: Creating an easier business environment in El Salvador
The amendments to the Commercial Code have laid the groundwork for a more dynamic and adaptable business environment in El Salvador, providing entrepreneurs and businessmen with new opportunities to promote their projects with greater efficiency and agility.
Torres Legal hires associate specialized in Intellectual Property
Paola Lambert is the new addition to Torres Legal who will strengthen our services of trademarks and commercial names, copyrights, patents, industrial property and the defense of the intellectual property rights of our clients.
Chambers and Partners Global 2024 ranks Héctor Torres, managing partner of Torres Legal
Our managing partner, Hector Torres, has been praised for his corporate work, which involves advising both national and international clients and employing innovative strategies to resolve business disputes.
Chambers and Partners Global 2024 recognizes the work of Torres Legal
Our firm has earned recognition from the legal directory Chambers and Partners for its exceptional performance in the Corporate and Commercial sector. This ranking highlights the accolades received within the field of law in El Salvador.
Torres Legal drives inssuance of $100 millon dollars - The first public tokenization in El Salvador
We are proud to have advised eGrains in the issuance of the Tokenized Digital Assets backed by Agricultural Commodities authorized by the National Commission of Digital Assets in El Salvador.
What will the trials of the future be like?
Technological transformation and digitalization in the legal field are redefining the role of lawyers in the trials of the future, demanding a multidisciplinary approach and highlighting the importance of communication skills to ensure the administration of quality justice.
What are Reinsurance Contracts?
At the heart of the insurance industry, Reinsurance Contracts are the pillar of security. Discover their functions and importance with our partner and expert in insurance law, Luis Domínguez.
Learn about the new Special Law on Prices for Services of the National Directorate of Medicines
The new law grants the National Directorate of Medicines the power to carry out quality controls of products at the request of individuals, with fees that will gradually increase.
Reforms to Hydrocarbons Law Approved for Oil and Natural Gas Exploration
This law seeks to contract studies that provide geological and geophysical data to determine if there are sources of oil and natural gas in El Salvador.
Reforms to the Crecer Juntos Law redefine early childhood care and extend deadlines for implementati
The changes to the Crecer Juntos Law extend the deadlines for the State, municipalities and private companies to "provide their workers' children with comprehensive early childhood care" through the Early Childhood Care Centers (CAPI).
What to Do in the Face of an Account Lapping Scheme?
Lapping schemes occur in smaller companies where only one person can handle cash receipts and customer billing. However, this type of fraud is not exempt from occurring in larger companies.
Revolutionizing Financing: Crowdfunding and Crowdlending
These concepts have democratized access to finance and investment, allowing a wide range of people to participate in financial activities that were previously limited to traditional financial institutions.
Basic tips for starting a business
To successfully start a business, it requires skills, resources, and compliance with necessary procedures. Having an innovative and profitable business idea is important, as well as consulting with a lawyer or legal advisor to ensure compliance with all relevant laws and regulations.
"Trading" in the Salvadoran Market
Trading is a new type of investment and search for profitability, which has become very popular in recent years thanks to the development of technology and information systems.
Reforms to the International Services Law and Their Benefits
Recent changes to the International Services Law in El Salvador represent a significant step towards creating a more dynamic and competitive business environment.
2023, a year of achievements and recognitions for Torres Legal
These 12 months have marked a milestone in our history, reaffirming our commitment to excellence and vanguard in the legal, business and technological world.
Torres Legal awarded Operation of the Year at DyN Awards 2023
This recognition celebrates our dedication to legal excellence and innovation in operations that make a difference in business.
Torres Legal Recognized as the Fastest-Growing Firm at the 2023 DyN Awards
Derecho y Negocios magazine has recognized us for our outstanding growth, hard work, innovation and adaptability that distinguishes our team.
Torres Legal wins award in New Technologies Law
For the second consecutive year, our firm was recognized by Derecho y Negocios magazine for our dedication to providing innovative legal solutions in the digital world.