The National Registry has announced that once the current numerical sequence used for corporate identification numbers reaches its maximum capacity, new companies will begin receiving an alphanumeric identification number instead of the traditional numeric format.
By Manfred Peters, GM Attorneys at Law
All companies registered in Costa Rica are legally required to file the Annual Transparency and Final Beneficiaries Disclosure (RTBF) this April. A recent update introduces changes designed to make the process more accessible across a wide range of corporate situations.
By Diana Granados, GM Attorneys at Law
Costa Rica is accelerating its march toward a fully digital state, and the country’s corporate landscape is about to feel the shift. Under Law 10.597, all legal entities, from traditional corporations to limited liability companies, must now register an official email address with the National Registry.
By Diana Granados
Under the updated criteria, the Power of Attorney required to file the RTBF can no longer be granted through corporate books.
By Diana Granados, GM Attorneys at Law
In December 2021, Costa Rica enacted Law No. 10,069 on Electronic Promissory Notes and Bills of Exchange, introducing a modern legal framework for digital financial instruments.
By Mariajosé Víquez, GM Attorneys at Law.
Major updates to corporate identity and compliance came into effect in June 2025. Here’s what they mean for your company.
Daniel Oses Ivankovich
GM Attorneys
A recent reform to the Costa Rican Commercial Code (Law No. 10686, published on May 26, 2025, in La Gaceta) provides a new alternative for shareholders to convene assemblies.
By Manfred Peters, GM Attorneys at Law
The recent approval of bill No. 10.597, “Law to Establish Email as the Means of Notification for Corporations,” has amended the Commercial Code and the Judicial Notifications Act.
By Daniel Oses, GM Attorneys at Law
On August 19th, 2024, significant reform to Law N° 10165 law “Ley para Sustituir Temporalmente la Aplicación de la Sanción de Cierre de Negocios y Facilitación del Pago del IVA en Sectores Impactados Severamente por la Restricción Sanitaria” was published.…
A new Resolution MH-DGT-ICD-RES-0005-2024, published in “Alcance N. 53”, modifies the General Scope Joint Resolution for the Transparency and Final Beneficiaries Registry N°DGT-ICD-R-06-2020 of March 26, 2020.