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A moratorium on sanctions has been established for a maximum non-extendable term of 3 months in the 
case of those failing to file the 2019 Registry for Final Shareholder Beneficiary as set out in the Joint 
Resolution of General Supplement for the Regulations on the Registry for Final Shareholder Beneficiary. 

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¿ME REGALA? (me ɾe-ga-la): According to the Diccionario de la Lengua Española (Dictionary of the Royal Spanish Academy), the verb regala” means “to give someone something without receiving anything in return.” The verb regalar is closely linked in meaning to the word regalo which means “present” or “gift.” If you own

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Real Estate

GovernmentReal EstateTaxes

The solidarity tax, also known as the “tax on luxury homes,” was created by Law No. 8683 on November 19, 2008 and had been in effect since October 1, 2009. The official title of this tax is the Solidarity Tax to Strengthen Housing Programs. This tax was created to fund

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PropertyReal EstateTourism

The current technological revolution includes mobile applications for all kinds of services, from buying food and objects which you receive at your door, a ride around town and even non-traditional renting. In Costa Rica the latter type of service had not been regulated until the middle of the month of

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GovernmentPropertyReal Estate

Costa Rica is a country rich in biodiversity: forests, beaches, mangroves, and wildlife are among the many natural resources protected by the state through solid environmental legislation. The extensive coastal zone includes two oceans and extends throughout the country. The Law on Maritime Zone No. 6043 establishes guidelines the protection

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PropertyReal Estate

The Costa Rican real estate industry is growing slowly due to the economic slowdown that our country is currently going through. However, there still are plenty of real estate projects being developed in urban and rural areas and, of course, they come with a lot of benefits and amenities which

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Are you looking at opening an account in Costa Rica? I’ll tell you based on my experience what are the options and certain preliminary recommendations for the process. When I got my first job, I saw the need to open a bank account to get my paycheck deposited into. I

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Per Resolution Nº DGT-R-075-2019, published in La Gaceta on December 20th, 2019, the Ministerio de Hacienda has finally provided a resolution on how Inactive corporations are required to proceed regarding tax returns. See the information below for details. This Applies To: Inactive legal persons (corporations which do not perform profitably).

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Shareholder’s Registry Costa Rica has been working for many years to meet the requirements to join the Organization for Economic Cooperation and Development or OECD. Some of those requirements include having a balanced budget which in part means having a better tax collection system. On December 20th, 2016 the Costa

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