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.
- 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.
Our Costa Rican Law Firm was created to provide first class legal services to selected clients that conduct business in Costa Rica and in other countries. For more information, email us at email@example.com or call us at +506 2524-3176.