Costa Rica Mandatory Shareholders Registry and What Owners Need to Know

As you know, with the approval of law #9416 and its regulations, you must proceed with the mandatory disclosure for corporations and legal entities, submitting the requested records to the Central Bank of Costa Rica (BCCR). Scheduled of submission deadlines for the corporations for this first submission: To obtain a digital signature card, “firma digital”, interested parties must make an appointment at

Continue Reading →

The New Law About the Corporate Shareholders Registration

Text translated, adapted for English, and taken from the Costa Rican national newspaper La Republica. This article was published on Monday, December 10th, 2018. It was written by Costa Rican lawyer Douglas Soto. For the original Spanish version follow this link: https://www.larepublica.net/noticia/registro-de-transparencia-o-beneficiarios-finales As a mechanism to provide the State with more tools to combat tax

Continue Reading →

2018 Costa Rican Tax Update

The 2018 Elections As you may or may not have known this past April the Costa Rican legislature had to take an important decision at their government elections; whether they took the right or wrong decision is up to them and it won’t be the topic of this blog. On the contrary, what will be

Continue Reading →

Driving in Costa Rica

This blog is for entertainment and your information! No matter what country you come from in the “first world’ you haven’t experienced the type of driving they do in Costa Rica. Let’s start with the ‘normal’ rules. If you are driving in the city here there are stop lights. They are more or less used

Continue Reading →