Inactive Companies Income Statement
On the 20th of December 2021, the Ministry of Finance issued a statement indicating that as of the 1st of January, 2022, a simplified form ...
Opening a Current Account in Costa Rica
Sooner or later, the investor will always have to deal with the topic of opening a current account in Costa Rica. Banks are authorized by ...
Law for the Attraction of Investors, Rentiers, and Retirees
ARTICLE 1- Object of the law The purpose of this law is to create the regulatory framework to encourage the attraction of investors, rentiers, and ...
6 New Reasons to be a Resident in Costa Rica
COVID 19 has caused Costa Rica to seek new ways to attract more investors and thus accelerate the economy. Because of the interest of many ...
Tax Crime in Costa Rica
The current COVID 19 situation has left us with a lot of unprecedented changes and has forced us to adapt to a series of ...
Legal and Tax Implications for Inactive Companies In Costa Rica
In past years it was very common to use inactive companies as a legal structure to protect assets. The foregoing, because it was a ...
Labor Law and Covid 19 in Costa Rica
The arrival of the COVID 19 has changed the labor law in Costa Rica, the Labor Ministry and social security have been forced to ...
Registry of Shareholders of Legal Entities is Mandatory in Costa Rica
The Law to Improve The Fight Against Tax Fraud (Law N° 9416) obliges legal entities, third party resource managers, nonprofit organizations and private trust, ...
Moratorium of 2 Months to Waive the Fine for Failing the Complience of the Declaration of Ultimate Beneficiary Ownership
This past Wednesday January 29th 2020, the costarrican Congress approved a moratorium of 2 months to waive the fine for those who fail to file ...
April 26th World Intellectual Property Day
The States members of the World Intellectual Property Organization (W.I.P.O.) stablished at Geneva- Switzerland, chose April 26th to celebrate the World Intellectual Property Day. ...