Costa Rica’s Transparency and Beneficial Ownership Register is a digitized register of shareholders and beneficial owners. For the 2020/2021 period, the deadline for submission of information is April 30, 2021.
All private, national, or foreign trusts that carry out activities in the country are obliged to submit their information.
Failure to declare will result in a penalty of 2% of gross income for the period prior to the one being declared, with a minimum of CRC 1,386,600 and a maximum of CRC 46,220,000.
The RTBF system will preload the last declaration filed, so that you can adjust only those points which have changed or, if there are no changes, ratify the information and resubmit.
If you have any queries or concerns, please don’t hesitate to contact us.
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Founded in 1979, Auxadi is a family-owned business working for multinational corporations, private equity funds and real estate funds. It’s the leading firm in international accounting, tax compliance and payroll services management connecting Europe and the Americas with the rest of the world, offering services in 50 countries. Its client list includes many of the top 100 PERE companies. Headquartered in Madrid, with offices in US and further 22 international subsidiaries, Auxadi serves 1,500+ SPVs across 50 jurisdictions.
All information contained in this publication is up to date on 2021. This content has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this content, and, to the extent permitted by law, AUXADI does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.