Registry of Shareholders in Costa Rica: 2025 Legal Guide for Companies
The Registry of Shareholders in Costa Rica is a mandatory annual disclosure for all active legal entities, overseen by the Central Bank of Costa Rica, under Law No. 9416. It verifies shareholder identity and ownership via the Central Directo platform.
📌 What Is the Registry of Shareholders?
This registry (RTBF) collects and verifies identities and ownership percentages of shareholders and ultimate beneficial owners (UBOs) through the Central Directo platform.
Who Must File?
- Corporations (S.A.) and Limited Liability Companies (S.R.L.)
- Branches of foreign companies
- General and limited partnerships
- Trusts and private legal entities registered with the National Registry
When to File in 2025
- Annual Filing: April 1 – April 30, 2025
- First-time filing: Within 20 business days from registration
- Ownership changes: Within 15 business days
Penalties for Non-Compliance
Fines may reach up to 2% of gross income (minimum 3 base salaries, max 100 salaries). Non-compliance restricts corporate certifications and legal standing.
⚠️ Important for Foreign Investors
Companies with foreign shareholders or complex structures must disclose Ultimate Beneficial Owners (UBO). Legal guidance is strongly recommended for compliance.
How AG Legal Can Help
Visit our Corporate Law Services for:
- ✔️ Shareholder and UBO analysis
- ✔️ Legal digital signatures (Firma Digital)
- ✔️ Filing via Central Directo platform
- ✔️ Legal representation through Power of Attorney
📋 Ready to File Your Registry of Shareholders?
Let our legal experts handle your filing quickly, accurately, and securely.