Digital Signature Mandatory for ALL final beneficiaries of Costa Rica companies
If you are a legal representative of a Costa Rican company, it is important that you are informed that Law # 9416 to Improve the fight against Tax Fraud established the obligation to disclose the ownership structure and the identification of the final beneficiaries.
The following individuals are now obligated by law to obtain a Digital Signature Certificate during the 1st Quarter of 2019 to interact with the newly created Registry of Shareholders:
Presidents of Sociedades Anónimas (S.A.s)
Managers and Sub Managers of Sociedades de Responsabilidad Limitada (S.R.L.s)
Sanctions for not complying:
2% of the declared gross income according the last tax return of previous fiscal year.
A minimum of 3 base salaries and up to US$66,000.00 approx.
For assistance or questions about the registration process please contact Estefanía Brenes to email@example.com or calling (506)2524-3176
” I used the services of GLC Abogados to acquire a business in San José, Costa Rica. One critical change in direction was made due to the results of their due diligence while analyzing the business that I was acquiring. Due to this change in direction, I did not put myself in a position to be at risk, both legally and financially. Their experience was brought to the table and my business got protected. I fully recommend GLC Abogados.“
I am pleased with the performance of you and your team, Carmen, Eugenia, and Dahiana. Regrettably, the bureaucrats of Costa Rica needed 18 months to decide that I was eligible for permanent residence as Rentista in CR. This was not your fault and nothing can be done about it. After the state’s decision was reached, you were able to get appointments with the Caja, the state health insurance, and Immigration in an extremely short time. I was aware that to get an appointment with the Caja takes normally thirty days. You did it in two days. Continue reading →
CINDE is the Costa Rican Investment Promotion Agency
San José, Costa Rica, June 30th 2016: After more than 16 years of specialization in foreign advisory and related activities required to install and/or operate companies in Costa Rica, GLC Abogados has been officially included in the exclusive list of legal service providers of CINDE.
Since 1999 GLC Abogados became the “first mover” in law firms specialized in foreign advisory in the country and has collaborated with hundreds of foreigners in their pursuit of their goals in our territory and beyond it.
Starting today GLC Abogados will be eligible by important multinational companies that seek the competitive advantages that Costa Rica has to offer to install their operations locally and to be able to assist them specifically in the Immigration Law area of practice. Our Immigration Division is directed by attorney Eugenia Víquez who has extensive knowledge and experience in an ample variety of processes and migratory situations.
As Managing Partner of GLC Abogados and as Executive Secretary of Inlaw Alliance of Law Firms I had the opportunity to get to know personally the Partners of law firm Calderón- Monge Asociados Estudio Jurídico located in:
11 calle 8-14 zona 1, oficina 28, Ciudad de Guatemala, Guatemala firstname.lastname@example.org Tel:+(502) 52180317
I was able to have a conversation with the Calderón attorneys at law and confirmed their ample knowledge of the legal and business environment in Guatemala.
I wish to thank you Licda. Eugenia Viquez Abogada/Attorney at Law and GLC Abogados/Law Firm for all the very professional, honest and timely support you have provided to me with all my legal dealings here in Costa Rica. Because of the informative and legal support you and the GLC Law Firm have provided me; the sometimes confusing Costa Rican legal process was made understandable and effortless.Continue reading →
“GLC Abogados has been a great help in launching our new company in Costa Rica. They take everything hard out of running a business. From California, I found the differences in simple laws and agreements very overwhelming, with GLC by my side, I feel like I can focus on what I am good at, running my business and not having to learn Costa Rican law.” Continue reading →