Re-registration of dissolved companies
On Tuesday, May 31st, 2022, through the Official newspaper, The Gazette Number 100, the Re-registration of Dissolved Companies Law was published. This recently approved bill ...
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 ...
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 ...
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 ...
The Trust as Protector and Growth Generator of our Heritage
We all make an effort to create our heritage; whether small, medium or large, it deserves proper care and protection, so that our family ...
Companies in Costa Rica
In Costa Rica there are four types of companies: The stock corporation. The limited liability company. The general partnership. The limited partnership. The trading ...
Important Aspects of the Corporate Taxes Law N°9428 (Costa Rica)
Field of application To all corporations, to the representatives or branches of foreign corporations and to LTDA/SRL companies; it applies to both the corporations ...